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Consolodate Graduate Student Loans Stories

Warren's populist pitch on student loans is off key

April 21, 2014 Warren’s populist pitch on student loans is off key By Taylor Armerding The Salem News The Salem News Mon Apr 21, 2014, 04:00 AM EDT College graduates with a debt hangover could definitely use an advocate. The … Continue reading

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Bill will help debtors on student loans

Due to automation, the computer, outsourcing, and, coming, robots, quality jobs for college graduates are very hard to get. Tuition costs have gone up far faster than inflation to the point where parents can’t help much. While still teenagers, students … Continue reading

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Student debt holds back many would-be home buyers

At 31, she has a master’s degree and earns more than $70,000 as a court reporter and freelance editor. She daydreams about trading the Glendale apartment she shares for a little condo, maybe in Echo Park or Highland Park. Just … Continue reading

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CIT Group Sells Student-Lending Business to Nelnet

Business lender CIT Group Inc. agreed to sell its student-lending business to Nelnet Inc., which is buying the federal family education loans and related assets for $3.6 billion. The deal, which both companies announced in separate filings with the Securities … Continue reading

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Tuition.io Picks Up A New Investor, As It Manages Over $1 Billion In Student Loans

In the year since its launch, Tuition.io, the company billing itself as the Mint.com for managing student loans, has grown to manage over $1 billion in loans. The company, which provides a monitoring and management service for student loan payments, has just picked … Continue reading

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BUDGET 2014: $600m a year: Are interest free student loans value for money?

In 2013 we saw the average cost of providing student loans increase to more than 40c per dollar lent. This is forecast to increase to 42c by 2016/17, which equates to an annual cost in excess of $600 million.  In … Continue reading

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Sallie Mae faces probe for massively ripping off soldiers on federal student loans

View photo . Sallie Mae faces probe for massively ripping off soldiers on federal student loans Sallie Mae is in danger of losing lucrative loan servicing contracts with the U.S. Department of Education and some of its high-level employees may … Continue reading

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How to pay off debt and save for the future

Phil and Candace Ranjan are smart people. In fact, the two chiropractors have four university degrees between them. And for a young married couple still in their 20s, they also have a healthy combined income of $110,000. But the pair, … Continue reading

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CIT to Sell Student Lending Unit to Nelnet for $1.1 Billion

CIT Group Inc. (CIT), the commercial bank run by John Thain, agreed to sell its student lending business to Nelnet Inc. (NNI) for about $1.1 billion. Most of the proceeds will be used to repay debt secured by student loans, … Continue reading

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Muslim students divided on sharia-compliant loans

Muslim students are divided about government moves to introduce student loans that comply with sharia law. While some have welcomed university minister David Willetts’ recent announcement of an open consultation on the issue, others feel indifferent or oppose it altogether. … Continue reading

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