Program Would Cut Interest Rates For College GradsThe state's Office of Higher Education has announced a new refinancing program to cut interest rates for Minnesotans who face large debt from student loans. Hundreds of thousands of Minnesota residents could be eligible.
New State Program Offers Refinancing Of Student LoansWith an average balance of $31,000, Minnesota ranks 5th highest in the country for student loan debt. The initiative, called SELF Refi, will allow people to refinance their debt at a lower rate.
Minnesota Ranked 5th In Nation For Student Loan DebtMinnesota has made another list, but it is not a good one to be on if you are heading to college. A new study from the Institute for College Access and Success says Minnesota ranks fifth on the list of the states with the highest student debt.
Anoka-Hennepin Taps Debt Collectors For Overdue Lunch MoneyThe Anoka-Hennepin School District is racking up serious debt for unpaid school meals. Noah Atlas, director of child nutrition, says the district has seen student meal debt increase by 50 percent in the last few years.
Democratic Party Lags In Money Before Presidential YearThe Democratic National Committee barely has more cash than it does IOUs, and it is being outraised month after month by its Republican competitor. Its $24 million debt from the 2012 presidential election, only recently paid down, has squeezed investments in the next White House race.
Minnesota GOP Chips Away At Debt, But Pile Of IOUs RemainsThe Republican Party of Minnesota says it's chipping away at a pile of debt that still exceeds $1 million. The party announced Tuesday that it will report holding $1.25 million in debt halfway through 2015.
4 Things To Know: I-394 Construction, Greece Debt, Starbucks & MoreHere are the four stories that you should know about for Monday, July 13, 2015.
4 Things To Know About Getting Out Of DebtWhen it comes to credit card debt there is some good news for consumers. Americans as a whole are slowly working their way to being better savers. A survey from Bankrate.com found nearly 40 percent of Americans are one bill away from disaster.
Get Movin' Monday: Student Loan DebtIt's considered one of the largest financial crises facing our country. If you don't have it, chances are you know someone swallowed by it. The ‘it’ is student loan debt.
Protesters Rally Against Payday Lenders In Mpls.A number of community leaders came together Tuesday to speak out against what they call predatory loans that target the poor. The group held a protest outside a Payday America in Minneapolis, where they accused payday lenders of charging unreasonably-high interest rates and fees for emergency loans.
Good Question: What Happens To Our Debt When We Die?A new study from CreditCards.com found almost 1 in 5 people think they'll never get out of the debt. That's twice as many people who gave that same response last year. So, what happens to our debt when we die?
Good Question: Can You Borrow Too Much Money For Your Education?A new report out by the Project for Student Debt finds 70 percent of Minnesota college students graduate with some sort of student debt. On average, they owe $30,894, which puts Minnesota as the 5th highest in the country for student debt.