3.3 million records of student loan borrowers was stolen from a nonprofit company that helps with student loan financing.
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Federal student loan program overhaul is getting placed on the fast track in Congress after being stalled for months. President Barack Obama’s proposal will eliminate the role of private lenders.
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Student loan reform legislation is to be changed to help protect about 1,000 jobs at Access Group and Sallie Mae, two student-loan providers in Delaware. Sens. Tom Carper and Ted Kaufman want to change bring about this change.
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To consolidate student loans debt, you need to obtain one large loan that covers the sum of your current small loans from different lenders. Preferably the lower the interest rate the better. Obtaining a student loan is a way of investing in your future. The government will generally help by offering grants but you have to meet a strict criteria to qualify for a federal student loans.
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