An income-sharing agreement, also known as an ISA, is a financing option typically funded by investors interest-free where after graduation, eligible students will pay a percentage of their earnings for a fixed period of time.
The White House is hoping that limiting the amount available to students would, in turn, encourage colleges to charge less. But critics aren’t so sure that would work, and Democrats warn the plan could wind up shutting out less affluent families.
Think student loan debt is all bad? Not quite. If you manage your loans responsibly, they can help you build good credit. In fact, student loans can positively impact three of the five major factors that make up your credit score.
A group of 34 college seniors set to graduate in May had their student debts paid off thanks to an Alexandria, Virginia, church that raised more than $100,000 during a monthlong fast.
“We believe this is an important piece in making college more affordable for more students,” Sen. Chris Van Hollen said. “This is a small but important measure to help students who, for all practical purposes, do not have parents who can help them participate in paying for college.”
Scott Kemp was hired last October by Virginia to help borrowers who might be having trouble managing their student loan debt. Kemp said the average loan debt among student borrowers in Virginia is about $37,000.
Aside from buying a house, paying for college can be one of the biggest investments many Americans make. Here are the pros and cons of different types of student loans.
In New York, Connecticut and Nevada, statewide college systems have agreed to delay payments for students who are federal employees or rely on family members in federal jobs. At least 20 other schools have made similar offers as they scramble to keep students from dropping out amid the financial pinch.
Federal employees who are not getting paid during the partial government shutdown might run into more financial trouble if they have student loans they need to deal with in the meantime.
Before you start petitioning your human resources department to add student loan repayments to the benefits roster, employees should temper their expectations. Here’s what you need to know.
Applications are being accepted in Maryland for the 2018 Student Loan Debt Relief Tax Credit. This year, both undergraduate and graduate student debt is eligible for the tax credit
As college-educated, millennial workers flock to the D.C. area for job opportunities and higher salaries, they’re also hauling around a noticeable amount of student loan debt.
Small towns in rural America are facing an economic survival crisis, and some are offering incentives to get people to move there. Get the details.
There are several ways to pay off your student loans, and each one has strengths and weaknesses depending on where you are in life. A wealth adviser explains the characteristics of each one.
Americans saddled with student loans, especially young adults, would be willing to do some drastic things to get out from under the weight of their debt burden.
Recreating the District in video game form was no small task. Here's how the developers did it.