Interest on student loans no deterrent, minister says
Victoria Times Colonist
In a statement, Yamamoto's ministry said such provinces as Saskatchewan and Newfoundland have not seen an improvement in student-loan default rates after reducing or eliminating interest rates. Even if BC eliminated its share of the interest, ...

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Knight: Student borrowers fight Sallie Mae's 'jobless penalty'
Pekin Daily Times
Borrowers who can't pay the extra $50 fee are put into default. First, you wonder, what's “forbearance”? Then, who's Sallie Mae? Forbearance, simplified, is sort of a timeout that permits borrowers and lenders to try to change terms of a loan to let ...
Sallie Mae latest to feel online furorThe News Journal
Unemployed and in debt, graduates demand reliefGW Hatchet (subscription)

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Biz Brain: What's my liability for my daughter's student loans?
The Star-Ledger - NJ.com
The national credit bureaus can be notified of your default, which will harm your credit rating, making it hard to buy a car or a house. You will be ineligible for additional federal student aid if you decide to return to school. Loan payments can be ...

Rethinking financial aid
The Chronicle
Default rates for federal student loans are rising sharply—if a former student can't pay back his or her debt, that's pretty grim news. It means the education didn't help the student find a job that would pay well enough to cover the cost of the ...

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Cal Grant participation connected to default rates
San Francisco Chronicle
The law cracks down for the first time on schools with high student loan default rates, meaning graduates aren't paying back the money they owe even three years after leaving school. "It's a sign that the institution did not prepare them for a job so ...

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College graduates struggle with student loan debts: Plain Dealing
Plain Dealer
When the full payment came due, her private loan payments jumped from $190 to $422. Much of the research around student loan repayment difficulties has centered on how many borrowers default, or fail to make a payment in a 270-day period, ...

REFILE-FEATURE-Law grads go to court for bankruptcy protection
Reuters
It's a sad irony of the Great Recession: Law students are borrowing an average of $106000 for private schools or $70000 for public schools at a time when there are fewer legal jobs to help them pay off the loans. And that's brought a rise in defaults, ...

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Student loan bill could put some jobs in jeopardy
WMC-TV
The bill would revoke, suspend, or deny a state license to teachers who default on federal and state-issued student loans. "If the student does not have a license and cannot work, then how can they possibly come out of default for their student loans," ...

Political Notebook: Bill would penalize teachers, lobbyists for defaulting on ...
Knoxville News Sentinel
By Tom Humphrey NASHVILLE — Teachers and lobbyists who default on student loans could lose the right to practice their professions under legislation winning final approval in the state House on Thursday. Several legislators, most of the Democrats, ...
Bill seeks to revoke licenses of lobbyists, teachers for defaulting on student ...The Republic
Licenses at Risk If Professionals Can't Pay Student LoansNashville Public Radio
Teachers Who've Defaulted On Their Student Loans Could Lose Their LicenseWREG

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Good Reasons to Love Those Darn Student Loans
DailyFinance
By Molly McCluskey, The Motley Fool Posted 6:30AM 01/31/12 College Finance With student loan default rates rising due to persistently high unemployment rates, it's easy to vilify the seemingly endless monthly payments that follow graduation.
US college education needs to be tuition-freeNorth Wind Online
Student borrowers fight Sallie Mae's 'jobless penalty'Monmouth Daily Review Atlas
Online Campaign Prompts Sallie Mae to Change Fee Policy for Loan SuspensionsNew York Times
MarketWatch
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