August 28th, 2015
It’s hard to afford college without student loans. According to the Institute for College Access & Success, 69 percent of graduates from public and nonprofit colleges had student loan debt.
Credit Karma data from our member base of over 40 million consumers shows the 15 cities where the highest percentage of members had student loans.
June 26th, 2015
Whether it’s a New York Times op-ed going viral, or scathing comments from Massachusetts Senator Elizabeth Warren, there’s hardly a day that goes by without some new voice adding itself to the growing debate over what to do about student loan debt in America.
February 18th, 2015
We teamed up with SALT, a free educational program helping students get their college degree in a financialy responsible way, to talk about the ins and outs of student loans.
August 25th, 2014
According to a recent Gallup poll, students with $50,000 or more in student debt fall short of those with no debt in three key areas of well-being: financial security, physical health and sense of purpose. The study surveyed more than 11,000 people who graduated from college between 1990 and 2014 to ask whether they felt they had purpose to their lives, supportive relationships, financial security, a sense of community and physical health.
August 22nd, 2014
The U.S. Department of Education recently proposed changes to the PLUS loan program that would relax credit standards for potential borrowers.
June 26th, 2014
Here at Credit Karma, we love success stories. We’re inspired when we hear from members who took control of their finances and made major improvements to their credit health. Tommy, an intensive care nurse from Canton, Texas, is a Credit Karma community member who paid off his student loans several years ahead of schedule. Read more to find out how!
January 14th, 2014
Sadly, student loans are a harsh reality for many Americans, with nearly 12 million borrowing money to help pay for school each year. Even some people over the age of 60 are still making monthly student loan debt payments, showing that student loan payments can last a lifetime. Kayleigh is smart to want to pay those off… if her situation meets certain conditions:
September 23rd, 2013
For most people, student loans represent their first encounter with the world of credit and finance. They can open a world of opportunity to young people who might otherwise not be able to pay to continue their education. More than 60% of American students (that’s almost 12 million in total) will borrow money annually to help pay for college. It’s likely that this is where you’ll begin to build your credit score: a little number with huge consequences. It can be intimidating, but there’s really no reason to stress out. Staying in control of your student debt is easier than it sounds. When dealing with loans, you should:
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August 26th, 2013
Everyone always talks about Christmas being the biggest budget-busting time of year. And I agree, because we buy more presents during that six week period than we do all year long. However, the back-to-school season can be just as much of a financial war zone when you think about it: between the endless amount of school supplies, new clothing, and equipment for activities - not to mention the fact that everyone seems to have one last vacation or party before the summer ends - your wallet can get exhausted. Whether you are working to pay off debt, save for a mortgage, or build your retirement fund, you need that extra cash. So to keep you from feeling the pinch, here are a few ways to get back to school while staying on budget.
August 17th, 2013
Ready for another infographic? This week we thought we'd share more financial facts-- like we did in our debunking credit myths infographic. Here are some helpful tips to keep college students financially savvy.