Student Loan Debt
Minnesota Senator Al Franken co-authored a piece of legislation that would make it possible to refinance federal student loans for lower interest rates. The bill would apply to both graduates and current students with college debt.
It’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.
The federal Public Service Loan Forgiveness Program (PSLF) is an incentive for these graduates to consider taking jobs in public service areas.
Studies show that more Americans are waiting longer to get married, have kids and buy homes. The highest numbers of those putting off the big commitments are millennials — those in the 20- to 35-year-old range.
A report released Tuesday is giving us some new insight on home sales in the Twin Cities. It takes a look at how neighborhoods in Minneapolis and St. Paul seem to be recovering from the foreclosure crisis.