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.
November 25, 2015
$30K in Student Loan Debt Could Mean $325K Less in RetirementThe under-35 age group has more than tripled its education debt since 1989, LIMRA says; pre-retirees and retirees also hold significantly more education debt today.
November 09, 2015
Should colleges be held to a fiduciary standard?You wanna solve the college debt problem? Have the schools co-sign all loans.
October 30, 2015
Direct Lending Funds Spur Robust Q3 Private Debt FundraisingTwenty-seven private debt funds reached a final close in the third quarter, raising an aggregate $19.3 billion in commitments, according to research by Preqin.
October 27, 2015
Government Stokes Student Debt Problem but Is Key to Solving It: SenatorsBetween 2007 and 2012, the federal government made about $66 billion in profit on student loans, Sen. Elizabeth Warren said in a Senate hearing.
October 25, 2015
College Planning: 7 Steps to Filing the FAFSAFAFSA filing dates are changing, beginning with the 2017-2018 academic year, and that could affect parents' finances.
October 14, 2015
Obama administration hits back at student debtors seeking reliefAttorneys arguing on behalf of the Education Department have called things like retirement account contributions & cell phone plans as luxury expenses.
September 14, 2015
Investors Seeking Loans Before Interest Rates Go Up: Wells FargoNearly half of investors say they would make major adjustments to their investment strategy if interest rates rise, according to a Wells Fargo survey.
September 11, 2015
The Dumbing Down of the Financial Services Industry’s FutureAmerican education is in crisis, and the effects will be felt by the advisory industry.
September 04, 2015
Hillary Clinton returns for delicate dance in Puerto RicoBorrowing to pay for health care has been a major cause of the territory's problems.
August 20, 2015
Citi Overlooked a Few Thousand Illegal TradesA major job of banking compliance is to keep separate a bank's trading and relationship functions. Citigroup Global Markets sometimes messed up that separation.