Student Loans

July 26, 2018

Personal Loans Surge to a Record High

Personal loans surged to a record this year and are the fastest-growing U.S. consumer-lending category, according to data from credit bureau TransUnion. Outstanding balances rose about […]
July 25, 2018

Consumer Debt Increases In May

New data shows that U.S. consumer debt rose in May by the most in six months, showing that Americans were more comfortable with spending midway through […]
July 19, 2018

Fintech Firms Backing More Loans Than Ever

According to the Mortgage Bankers Association, mortgage applications have shown a recent decrease, but Americans are still taking out loans, lots and lots of loans.  In […]
July 6, 2018

Housing Costs to Blame for Low Millennial Homeownership

The homeownership rate for adults age 25 to 34 was 37.5% in 2016, about three percentage points lower than the historical average for this demographic and […]
June 26, 2018

Consumer Debt Soars but Mortgages Aren’t to Blame

Consumer debt is approaching new highs with current household debt set to be $1 trillion above the peak debt level of 2008, by the end of […]
June 25, 2018

The Hidden Costs of Student-Debt Forgiveness

Students seeking relief on their college and graduate-school debt could be sitting on a hidden tax bomb: Billions of dollars in one-time bills from the Internal […]
June 20, 2018

Economy ‘Going Off a Cliff” in 2020?

Former Federal Reserve Chair Ben Bernanke confirmed what many experts are already predicting: The next recession is less than two years away.  In a recent Bloomberg […]
June 15, 2018

First-Time Buyers Account for 46% of Mortgages

Young Americans are hitting more and more homeownership roadblocks: crippling student debt, escalating home prices, surging mortgage rates and a scarcity of listings.  So why have […]
June 6, 2018

Student Loan Defaults Increase 109% Since 2013

America has reached a new economic milestone of $1.52 trillion. This represents America’s total outstanding student loan debt as of March 2018 according to the new […]