After graduating or leaving college, many students face a difficult choice: Try to pay off their student loans as fast as possible to save on interest, or enroll in an income-based repayment plan, which offers affordable ...
Mathematics
Jun 18, 2021
1
137
To get rid of student loan debt through bankruptcy, you must prove to the court that paying back your student loans would cause an "undue hardship." But in our peer-reviewed study of nearly 700 student loan discharge cases ...
Economics & Business
Mar 7, 2022
0
22
When people take out student loans for themselves, certain risks are involved. The debt can negatively affect a person's mental, emotional and even physical well-being. It can also harm a person's financial well-being.
Economics & Business
Dec 20, 2021
0
8
Yes, money can lead to happiness, but how much debt one has should also be considered in the money-happiness equation, according to a new a study from Purdue University.
Social Sciences
Oct 26, 2016
4
223
Seven out of 10 college students feel stressed about their personal finances, according to a new national survey.
Social Sciences
Jul 1, 2015
0
41
It is estimated that a quarter of American adults currently have student loans to pay off, and most do not have the financial literacy to manage debt successfully. The average student in the Class of 2016 has $37,172 in student ...
Social Sciences
Oct 26, 2018
1
17
Small business creation—a critical economic engine—is significantly hampered in areas of the country where residents carry more substantial student loan debt, according to research co-authored by Brent W. Ambrose of the ...
Economics & Business
Jul 6, 2015
0
88
Student loan debt may negatively impact young people's ability to accumulate wealth after they graduate or drop out of college, a new study suggests.
Economics & Business
May 18, 2016
0
5
A college degree practically stamped Andres Aguirre's ticket to the middle class. Yet at age 40, he's still paying the price of admission.
Economics & Business
Oct 5, 2015
0
26
With an increasing number of young Americans accumulating student debt as they strive for a higher degree and a more secure economic future, their growing financial burden has been highlighted by the media and lawmakers. ...
Economics & Business
Jan 21, 2016
0
5
