A new report out from the Brookings Institution finds that only 7 percent of young-adult households are carrying student-loan debts of more than $50,000.
Recently in student loans Category
June 24, 2014
June 11, 2014
The Senate fails to advance a bill to lower interest rates on existing student loans, while President Obama moves to enact regulatory changes to lower payments for college borrowers.
June 09, 2014
The Obama administration is expected to announce an expansion of the Pay As You Earn program to provide student-loan relief to an estimated 5 million borrowers with older loans.
December 04, 2013
Average debt among students who borrow to earn a bachelor's degree has climbed to $29,9000 with the class of 2014, a report from the Institute for College Access & Success shows.
October 01, 2013
Default rates on student loans hit 10 percent, the highest in seven years, according to new figures from the U.S. Department of Education.
August 16, 2013
U.S. Department of Education to change PLUS loan program to help more families qualify for college financial aid.
August 13, 2013
Implementation of the Bipartisan Student Loan Certainty Act begins, as groups look forward to next steps on the college-affordability agenda.
July 31, 2013
The U.S. House is expected to vote today on a bill that would initially lower interest rates on student loans and tie future rates to the market.
July 18, 2013
A bipartisan group of senators introduced legislation today to set student-loan interest rates on federal loans, linking rates to the market and setting caps.
July 02, 2013
With no congressional intervention, rates on federally subsidized student loans increased on July 1, but student groups continue to lobby for action.