Costs Of College: What Parents Should Consider While Looking At SchoolsThe Federal Student Loan Rate dropped by half a percentage point on July 1, down to 4.53%.
How Much Student Loan Debt Do Americans Have?Meredith Fergus with the Minnesota Office of Higher Education recommends not taking out more than a student's expected first-year salary, take out less every year and don't put college loans ahead of retirement savings.
'U' Students Say They 'Don't Know' When They'll Be Financially IndependentA new study shows half of American parents have cut back on retirement savings to help adult children pay bills.
Minnesota Amps Up Oversight For Student Loan RepaymentsThe Minnesota Office of Higher Education has become more aggressive about taking student loan recipients to court when they fall behind on payments to keep its rates low.
Student Loan Processor Tells 16K Customers Of Data BreachA student loan services company has notified 16,500 borrowers that files containing personal data were released to a business that wasn't authorized to receive them.
Got Student Loan Debt? Tips On How To Dig OutThe bill can haunt college graduates decades after receiving their diplomas.
How Student Loan Debt Can Affect Your Tax ReturnIf you accrued any student loan debt in 2016, here’s everything you’ll need to know when filing your tax returns this year.
Study: More Americans Are Defaulting On Their Student LoansA new study says student loan borrowers are struggling to keep up with their payments.
Amid Slow Growth & Student Loans, Millennials Urged To SaveIt's expensive being a millennial. A new stock market projection by Wall Street analysts shows a 4 percent gain for 2017. According to Bespoke Investment Group, that’s the lowest annual gain since 2005.
Klobuchar Pushing For Solutions To Student Debt CrisisKlobuchar hosted a forum in Washington Wednesday. It included Southwest Minnesota State University student Chelsey Jo Herrig, who worked all through college, but still faces $45,000 in loans when she graduates in December.
Franken Introduces Bill To Allow Refinancing Of Federal Student LoansSen. Franken's proposal comes just one week after the state of Minnesota announced its own student loan refinancing program, and as college affordability has become a major topic in the presidential race.
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.
Government Says Students Can Apply Earlier For College AidAspiring college students will be able to apply for federal financial aid three months earlier than now and submit a previous year's tax return, changes aimed at helping more people pay for school, the White House said Sunday.