#

A Leveraged Education? Student Loans Now and Then

A new survey by Credit Karma confirms that the cost of higher education has increased massively in America. Millennials were almost two-and-a-half-times more likely than Baby Boomers to have paid $30,000 or more for their education (47 percent to 19 percent), and more than three times as likely to have paid $60,000 or more. Almost 1-in-8 Millennials said that they had borrowed $50,000 or more to pay for their education.

Read More
#

5 Realities About Student Debt Presidential Candidates Are Ignoring

Educating consumers about the ins and outs of their student loans and the rights they have will help them start to take control back. Student loan debt can make people feel powerless. Missed payments and defaults have long-term negative impacts for borrowers. It is important that borrowers know the nitty-gritty details of their loans, their interest rates, their payment terms and any potential grace periods they might have. Let's demand more support for financial literacy.

Read More
#

15 US Cities With The Highest Amount of Student Loans

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.

Read More