Oops! My Student Loans Are In Default! What Do I do Now? Most student loans are considered in default when the borrower fails to make payments for 270 days. Private student loans may have different terms and may consider the student in default if they miss just one payment. Read your loan contracts carefully! Be […]
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Student Loan Debt Statistics for 2017 Show Americans Are Burdened With Record Breaking Student Loan Debt Student loan debt statistics show 44 million Americans owe over $1.4 trillion in student loan debt. The total debt is also more than double the $620 billion Americans owe on credit card debt. A Class of 2016 graduate has roughly $37,172 in student
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Navient Busted Herding Student Loan Borrowers Into Default Then Using The Federal Government To Shake Them Down For Money Navient Corporation is the largest student loan servicer working under contract for Sallie Mae and the Department of Education. The servicer is also the most disorganized and the hardest to get information from. Their level of inept
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Citibank Sounds The Klaxon On Pending Student Loan Debt Crisis The pending student loan debt crisis is unnerving and it has all the same traits as the mortgage crisis. from a decade ago. Now a major player in the global financial markets is sounding alarms. Citi Global Perspectives & Solutions recently raises the specter to that
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MFI-Miami Attorney Julia Kefalinos Gets Student Loan Nullified By Miami Judge The explosion of online and private colleges has made the student loan industry a lucrative business. Hence, driving student loan debt in the U.S. to $1.5 Trillion. This debt is second only to mortgage debt and is larger than the debt Colombia owes the IMF. Private
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