Recent news and analysis on Student Debt

Student debt news covering loan forgiveness, repayment plans, borrowing trends, and higher education finance reform.

• "Private student loan dos and don'ts every borrower should know"

  USA Today advises borrowers to compare private student loan interest rates and repayment terms, noting that federal aid often falls short. The article warns against deferring payments due to accruing interest and highlights the lack of income-based repayment options in private lending compared to federal programs.

• The Editorial Board: "Government Unions for More Student Debt"

  The Wall Street Journal editorial board argues that government unions are suing to overturn new graduate loan limits established in the 2025 tax bill. The commentary contends these unions have a vested interest in maintaining higher student debt levels, suggesting their legal challenge is driven by self-interest rather than student welfare.

• Genna Contino: "You can now Venmo your kid’s college tuition. But should you?"

  The article argues that while universities are adopting Venmo for tuition payments to offer flexible spending options, consumers should carefully consider the implications of using this nontraditional method for such significant financial obligations.

• "These are the best student loan providers if you need a cosigner"

  USA Today identifies top private student loan providers for borrowers requiring a cosigner, highlighting Ascent Funding, Sallie Mae, and Earnest. The article outlines how cosigners secure lower interest rates and details specific lender policies regarding credit requirements and cosigner release programs.

• "What's the best way to pay for trade school? Loans, aid and more"

  The article outlines financial strategies for trade school students, emphasizing grants, scholarships, and apprenticeships over loans. It advises using FAFSA to access federal aid and highlights employer assistance programs as viable ways to reduce out-of-pocket educational costs.