Consumer News Survey Of Student Loan Borrowers Shows Payments Average 20 Percent Of Take Home Pay
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There is currently more than $1.6 trillion of student loan debt in the United States. A person with an average amount of undergraduate federal student loan debt is paying about $299 a month over the ... Read More
The struggle to pay down student loans
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Consumer Loan Delinquencies Approach 5-Year High, Borrowers Struggle to Keep Up With Payments
Consumer loan delinquencies are rising again as inflation, tariffs, and high interest rates put pressure on household budgets. VantageScore data indicates that early-stage delinquencies are nearing ... Read More
Consumer Reports: Interest on student loans has started
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Massachusetts has one of highest student loan payments in US, according to WalletHub
Do you have student loans to pay off? You're certainly not alone. Personal finance company WalletHub released its list of states with the highest student loan payments, and Massachusetts took the No. Read More
Student Loan Borrowers Skipping Payments Face Credit Score Declines
Roughly a third of federal student loan borrowers are behind on their payments, resulting in massive hits to their credit scores. About 29% of borrowers — or 5.4 million people — were delinquent on ... Read More
The Best States for Repaying Student Loans, Ranked
With student loan default rates rising and legal obstacles emerging, where you live could put you in a better position to repay your debt. To determine the states where borrowers are best able to ... Read More
Student loan borrowers facing wage garnishment are willing to put off credit card payments
Delinquent federal student loan borrowers are staring down the prospect of wage garnishment or involuntary collections — and it’s causing them to weigh reorienting their finances, even if it means ... Read More
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