Student Loan Debt
How advisors can help clients understand the burden of student loan debt and the best ways to reduce, eliminate or manage the debt load.
August 06, 2018
Student Loan Refinancer SoFi Said to Report $200 Million Q2 LossThe privately held company has disclosed quarterly revenue or earnings to its investors since Q3 2017.
August 03, 2018
5 Best & Worst Graduate Degrees for Student Loan BurdenCredible.com analyzed loan and salary data from 91,000 borrowers seeking refinancing to see how much of their paychecks were eaten up by debt payments.
August 01, 2018
Wells Fargo to Pay $2.09 Billion to End U.S. Mortgage ProbeInvestors suffered billions of dollars in losses on securities that contained the debts.
July 27, 2018
How Collateralized Loans Can Help Clients Satisfy Short-Term Capital NeedsA long-term financial plan doesn't have to get derailed when life presents emergency capital needs.
July 26, 2018
Education Department Wants to Limit Debt Relief for Defrauded StudentsThe departments proposal would require, among other things, that students prove institutions intended to defraud borrowers.
July 25, 2018
US Personal Loans Surge to a Record HighTransUnion reports that personal loans rose about 18% in Q1 and are now the fastest growing U.S. consumer-lending category.
July 19, 2018
16 States Blast DeVos Over Third Delay of For-Profit College RulesThe delay of disclosure requirements is "an abrogation of the department's responsibility to protect students and taxpayers," the AGs write.
July 16, 2018
Parents Owe More in Student Loans Than Their KidsA new report from Savingforcollege.com shows that as students max out on their college loans, their parents are picking up the slack.
July 13, 2018
Wells Fargo Misses Earnings Estimates, Reports $114M Wealth-Unit RefundNet income retreats 11% to $5.2 billion; bank's average loans in quarter lowest in more than two years.
July 10, 2018
CLOs Have Hit a Peak When Mom and Pop Show UpLife insurers have bought some. Questions about complexity linger.