More on Student Loans and Debt

• July 20, 2012

  FRIDAY BUZZ: Government Report Details Private Student Loan Debt Risk

  The Education Department and the federal Consumer Financial Protection Bureau (CFPB) this morning released a report finding that private student loans, which make up $150 billion of the more than $1 trillion in outstanding student loan debt, are much riskier than federal student loans for both the student and the co-signer. The report, mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act, gives an overview of the private student loan market and makes recommendations for reform.

• July 20, 2012

  FRIDAY BUZZ: Government Report Details Private Student Loan Debt Risk

  The Education Department and the federal Consumer Financial Protection Bureau (CFPB) released a report finding that private student loans, which make up $150 billion of the more than $1 trillion in outstanding student loan debt, are much riskier than federal student loans for both the student and the co-signer. The report, mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act, gives an overview of the private student loan market and makes recommendations for reform.

• June 08, 2011

  WEDNESDAY BUZZ: Senate Committee Hearing Looks at For-Profit Student Debt

  The Senate Health, Labor, Education and Pensions Committee held its fifth hearing yesterday on the for-profit education sector, this time focusing on student debt loads and the new “gainful employment” rule intended to ensure students in career programs will earn enough money to repay their loans.