On Dec. 22, 2021, the U.S. Department of Education announced a 90-day extension of the pause on student loan repayment, interest and collections through May 1, 2022. The extension will allow the … [Read more...]
Student Loan Refinancing Study Task Force Hosted their Second Roundtable Discussion
By Nyesha Stone The Student Loan Refinancing Task Force is making stops around the state to listen to Wisconsinite’s stories on dealing with student debt. The idea originated from a recommendation … [Read more...]
Milwaukee Ranks #13 as List on Cities with More Student Loans Than Mortgages
By Nyesha Stone It’s no surprise that Milwaukee is on yet another list that we don’t want to be on. A study commissioned by MagnifyMoney, found that 7.06 percent of Milwaukee residents owe more on … [Read more...]
Racial Divides Found in Student Loan Defaults—Unsustainable Debt Trajectory Needs to Be Managed
By Charlene Crowell With 44 million consumers owing student debt that now reaches $1.5 trillion and still climbing, a lot of people want to better understand how and why this unsustainable debt … [Read more...]
State’s college affordability website adds Educator section, other enhancements
MADISON – A new resource for Wisconsin educators has been added to the college affordability website that was launched last year by the Wisconsin Department of Financial Institutions (DFI). The … [Read more...]
U.S. Department of Education Acts to Protect Social Security Benefits for Borrowers with Disabilities
The U.S. Department of Education announced today a new process to proactively identify and assist federal student loan borrowers with disabilities who may be eligible for Total and Permanent … [Read more...]
U.S. Senator Tammy Baldwin to Meet with Students at UWM
Student roundtable will address student loan debt crisis and college affordability Senator Baldwin will highlight new reform legislation MILWAUKEE, WI – March, 2016, U.S. Senator Tammy Baldwin will … [Read more...]
Tammy Baldwin Stands up for Wisconsin Students and Families, Supports New Legislation to Give them a Fair Shot at an Affordable Higher Education
Bill Gives Struggling Borrowers the Opportunity to Refinance and Eases Burden for Millions of Americans in Student Loan Debt Washington D.C. – At a press conference today with her Senate … [Read more...]
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MILWAUKEE COURIER
The domino effect of student debt
By Charlene Crowell NNPA Columnist When this year’s student debt burden surpassed the $1 trillion mark, it became even larger than the amount of debt held on credit cards. New findings now … [Read more...]
Education Department launches new online tool to help students manage loan debt
This week, the U.S. Department of Education released a new interactive loan counseling tool to provide students with financial management basics, like information about their current loan debt and … [Read more...]