SUNY schools rank high in list of best public schools

Posted on February 24th, 2016

Being based in Western New York, we write a lot about the affordability and quality of schools in the State University of New York (SUNY) system. The SUNY system has been acclaimed for its high bang for the buck for both in-state and out-of-state students.

And a new list of rankings released by Business First backs up the assertion that SUNY colleges are among the best public colleges in the U.S.

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People are being arrested for not paying their student loans

Posted on February 18th, 2016

We’ve written about the consequences of not paying your student loans, such as having your wages garnished and your credit damaged.

But it turns out the repercussions could be much higher. According to the NY Daily News, a man in Houston was recently arrested by seven U.S. Marshals armed with automatic weapons for not paying a $1,500 student loan from 1987.

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More people are behind on student loans than any other debt

Posted on February 16th, 2016

Despite the many alternative repayment plans available, Americans are behind on their student loans more than any other kind of debt.

A new report from the Federal Reserve Bank of New York finds that borrowers are having a much harder time paying off their student loan debt than their credit cards, mortgages, and car loans.

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Borrowers would go to dramatic lengths to pay off student debt

Posted on February 15th, 2016

What would you do if you could have all of your student loans paid off?

A lot, most students say, including taking a punch from boxer Mike Tyson.

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The top colleges that pay you back

Posted on February 4th, 2016

We write a lot about evaluating the return on investment of a college when deciding where to attend.

With the price of college rising each year, it’s an extremely important factor to consider when choosing a college and spending thousands of dollars to attend.

To help you figure you the real value of college, The Princeton Review put together a list of the colleges that provide the best return on your investment.

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Borrowers jet to dodge student debt

Posted on January 21st, 2016

"The debt will still be there—it never goes away. All they're doing is putting off what could happen if they come back to the US." -- Joshua Cohen

With the national student debt now at $1.3 trillion, and thousands of borrowers in default, some borrowers are going to great lengths to avoid paying back their debt–including moving to a whole other country. Hiding from student debt collectors abroad An interesting new article from VICE takes a look at the many Americans who have moved […]

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SUNY pushes forward with plan to increase tuition

Posted on January 12th, 2016

The State University of New York (SUNY) system is moving forward with its plan to increase tuition once again, the Poughkeepsie Journal reports.

This week, SUNY leaders urged the state to support another round of tuition increases.

They are seeking an extension of the SUNY 2020 that took effect in 2011, which allowed every four-year SUNY college to raise tuition by up to $300 each year for five years.

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New York’s new student loan forgiveness program

Posted on January 4th, 2016

Finding a job right after graduating can be tough. And for graduates with student debt, there’s added pressure to find a job and make enough money to afford student loan payments once their grace period has ended.

Luckily for college graduates in New York state, there’s a new student loan forgiveness program that makes it easier for them to adjust to life after college–without having to repay their student loans.

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Parents now have $71 billion in federal student loan debt

Posted on December 19th, 2015

While you hear the most about students borrowing high debt to pay for college, parent debt is usually overlooked–even though it makes up a significant portion of the country’s $1.2 trillion in student debt.

A recent study shows that about 3 million parents have $71 billion in federal student debt, in the form of Parent PLUS loans they took out to pay for their children’s college, according to Bloomberg Business.

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This is what millennials really want for Christmas

Posted on December 12th, 2015

Wondering what to get the millennial in your life this Christmas?

Consider giving them something they probably need: a gift toward their student loan payments.

According to MarketWatch, a new site called LoanGifting allows family, friends and others to make payments directly toward someone’s student loans.

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