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.
Banks Amass $2.4T Hoard of Bonds as BofA Leads Rush
By Liz Capo McCormick and Andrea Wong, BloombergBanks are buying and holding more U.S. government bonds while they're simultaneously limiting lending.
October 24, 2016
To Attract Students, Colleges Offering Loan Debt InsuranceA student loan debt insurance program may help advisors and their clients with college-age kids narrow down their list of ideal schools.
October 03, 2016
Galvin Rips Morgan Stanley for Fostering ‘Dishonest Conduct’ With Sales ContestsWilliam Galvin of Massachusetts said Morgans sales contests tied to securities-based loans encouraged dishonest and unethical conduct.
August 24, 2016
Could Student Debt Swing the Presidential Election?College students and their parents consider debt a bigger election issue than hot-button topics like unemployment and immigration, a poll finds, and they vote in large numbers.
August 22, 2016
Wells Fargo Hit With $4 Million in Penalties, Relief for Its Student Loan ServicingThe CFPB charged Wells Fargo with collecting illegal fees from borrowers and failing to disclose critical information to manage student loans.
August 16, 2016
Beechwood says clients secure as reinsurer limits Platinum risksThe reinsurer says it began severing ties with the firm in late 2014.
August 11, 2016
Why China Can't Solve Its Debt ProblemAs China's debt levels rise and the economy remains sluggish, the government's ability to boost growth looks increasingly precarious.
August 09, 2016
10 Worst States for Paying Off Student Loan Debt"Where you live doesnt just affect the value of your property; it also reflects the worth of your college degree," WalletHub says.