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Consolodate Graduate Student Loans Stories

40% of vocational student loans will not be repaid: report

MORE than a third of government loans to vocational education and training students will never be repaid, according to a new analysis by the Grattan Institute. The report – a submission to the government’s inquiry into private vocational education and … Continue reading

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How to save while paying off college loans

Roughly half of Americans have no savings, a precarious situation that is even more acute for the roughly 40 million Americans who are paying off student loans. The mountain of debt, which now totals $1.2 trillion, is not surprising, given … Continue reading

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The People Who Are Willing to Destroy Their Credit on Principle

Student loans, especially when they come from the government, are a lot like bedbugs: Once you have them, they’re almost impossible to get rid of. Unlike other debts, the government essentially doesn’t allow people to discharge student loans in bankruptcy, … Continue reading

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A dangerous revolt: People are refusing to pay back student loans

Fifteen students who enrolled at the for-profit Corinthian Colleges, which runs Everest Institute, are going on a “debt strike.” (AP Photo/Jose Luis Magana, File) Student debt can be brutally unforgiving for those who don’t pay back the money. Students who default … Continue reading

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Fitch Affirms Nelnet Student Loan Trust 2014-2 Notes; Outlook Stable

NEW YORK–(BUSINESS WIRE)– Fitch Ratings affirms all outstanding notes issued from Nelnet Student Loan Trust 2014-2 (Nelnet 2014-2). The Rating Outlook on all outstanding notes remains Stable. KEY RATING DRIVERS High Collateral Quality: The trust collateral consists of 100% of … Continue reading

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PAC: UK government 'ignored repeated warnings' about alternative higher education providers

The Department for Business, Innovation and Skills (BIS) should have learned from previous examples of rapid expansion leading to serious problems and put regulations in place to protect public money before allowing changes to ‘alternative’ higher education provision to go … Continue reading

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Fitch Upgrades SLM Student Loan Trust 2013-2 Sub Notes

NEW YORK–(BUSINESS WIRE)– Fitch Ratings affirms the ‘AAAsf’ rating on the senior notes and upgrades to ‘AAsf’ from ‘A+sf’ the subordinate notes issued by SLM Student Loan Trust 2013-2. The Rating Outlook remains Stable for the senior and subordinate notes. … Continue reading

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Fitch Upgrades SLM Student Loan Trust 2013-2 Sub Notes

NEW YORK–(BUSINESS WIRE)– Fitch Ratings affirms the ‘AAAsf’ rating on the senior notes and upgrades to ‘AAsf’ from ‘A+sf’ the subordinate notes issued by SLM Student Loan Trust 2013-2. The Rating Outlook remains Stable for the senior and subordinate notes. … Continue reading

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Fitch Publishes 4th Quarter 2014 U.S. Student Loan ABS Index Report Card

NEW YORK–(BUSINESS WIRE)– Fitch Ratings has published its U.S. Student Loan ABS Index Report Card. With this issue, Fitch introduces its FFELP indices for gross defaults, deferment, forbearance and delinquencies. Similar indices for private student loans were introduced in the … Continue reading

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Fitch Publishes 4th Quarter 2014 U.S. Student Loan ABS Index Report Card

NEW YORK–(BUSINESS WIRE)– Fitch Ratings has published its U.S. Student Loan ABS Index Report Card. With this issue, Fitch introduces its FFELP indices for gross defaults, deferment, forbearance and delinquencies. Similar indices for private student loans were introduced in the … Continue reading

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