Generation Debt
http://www.generationdebt.org/
Your complete resource for student loan consolidation legislation. en-us2005-11-08T10:27:17-06:00Generation Debt, Indeed
http://www.generationdebt.org/archive/cat_news.html#000297
BusinessWeek covers debt issues, especially student loan debt issues, for those 30 years old and over: "The cost of higher education, however, has increased so dramatically in the past decade and a half -- up by 63% at public schools...NewsDiana2005-11-08T10:27:17-06:00Questions for large student lenders
http://www.generationdebt.org/archive/cat_news.html#000291
This article in the North County Times raises what should be common sense questions about the student loan industry, and you might just recognize one story mentioned: "The key player here is the Student Loan Marketing Corp., commonly known as...NewsDiana2005-10-24T10:58:11-06:00Private Student Loans to be Harder to Wipe Out under New Bankruptcy Law
http://www.generationdebt.org/archive/cat_news.html#000280
USA Today notes a provision of bankruptcy law that will change on October 17 that's of interest to those of us with student loans: "Even if you meet the means test, it will be harder to get rid of some...NewsDiana2005-10-05T10:07:22-06:00U.S. lags behind other countries in protecting low-income borrowers
http://www.generationdebt.org/archive/cat_news.html#000277
A report by the Educational Policy Institute compares student loan repayment conditions and debt management programs in eight countries: Austrialia, Canada, Germany, Holland, New Zealand, Sweden, the United Kingdom and the United States. The author of the report, Alex Usher,...NewsDiana2005-09-20T09:50:03-06:00Stating the obvious
http://www.generationdebt.org/archive/cat_news.html#000274
"Almost two thirds of Americans with outstanding student loans (64%) say these student loans prevent them from making other major purchases, such as a house, car or other large ticket items, according to the Cambridge Consumer Credit Index." The Center...NewsDiana2005-09-15T11:00:22-06:00Getting the word out
http://www.generationdebt.org/archive/cat_news.html#000270
The Wire (a weekly New Hampshire paper) writes about the post-college pinch of debt, and you just might recognize one person who's quoted. ;) __________ Resources include Web sites like GenerationDebt.org, which co-creator Diana Lamphiere describes as an "information clearinghouse"...NewsDiana2005-09-01T13:49:09-06:00The student loan dance of futility
http://www.generationdebt.org/archive/cat_news.html#000265
One columnist in the Cinncinnati Post advises students not to take out student loans at all, in response to this letter from a reader: "I consolidated at a high rate of interest with payments of $500 a month. I would...NewsDiana2005-08-25T17:18:29-06:00No secrets: Contributions to Congress by Lenders
http://www.generationdebt.org/archive/cat_news.html#000260
Anya Kamenetz at the Village Voice writes about H.R. 609, and mentions the following: "Lenders and for-profit colleges contributed nearly four times as much to the leaders of the House education committee during this HEA reauthorization cycle as they did...NewsDiana2005-08-16T10:37:37-06:00Ideas for paying off debt
http://www.generationdebt.org/archive/cat_ideas.html#000259
MSNBC reports some ideas for paying off student loans for those of us who are stuck with high interest rate consolidation loans. The article suggests looking into the following options: -Taking out a home equity line of credit with a...IdeasDiana2005-08-05T10:08:28-06:00H.R. 609 breakdown + August recess
http://www.generationdebt.org/archive/cat_news.html#000256
This Inside Higher Ed article breaks down H.R. 609. No mention of the defeat of Congressman Wu's amendment that would have allowed reconsolidation. Of note, however: "With the House committee's work done for now, further action on the Higher Education...NewsDiana2005-07-26T09:54:34-06:00Correction on H.R. 609
http://www.generationdebt.org/archive/cat_news.html#000254
Information promoted from comments to our last post: Via Rob: "I checked with Congressman Wu's office and confirmed that the amendment accepted was related only to the single holder rule. I asked about what had happened with about the first...NewsDiana2005-07-25T13:31:02-06:00Congressman Wu Succeeds in Amending H.R. 609!
http://www.generationdebt.org/archive/cat_news.html#000253
Congressman David Wu (D-OR 1st) Successfully Amends H.R. 609. "Congressman Wu succeeded in amending H.R. 609, the College Access and Opportunity Act of 2005, to include several of his higher education priorities. H.R. 609 amends and reauthorizes higher education programs...NewsDiana2005-07-22T10:17:41-06:00Bankruptcy won't fix student loan woes
http://www.generationdebt.org/archive/cat_ideas.html#000250
A Jackson Clarion Ledger article discusses debt myths and facts, including the following (that most of us know, but it bears repeating): "Money Myth: Student loans are dischargeable through bankruptcy. Financial Fact: Student loan debt (either private or government-backed) for...IdeasDiana2005-07-11T10:23:25-06:00Prohibition on Refinancing Mentioned in Consolidation News Frenzy
http://www.generationdebt.org/archive/cat_news.html#000247
In this video transcript from an ABC television affiliate, a mention is made of the fact that one can't refinance a consolidation loan (apologies for the caps, that's how it's typed on the website): "CONSOLIDATING CAN SAVE YOU MONEY BUT...NewsDiana2005-07-01T09:37:55-06:00Michelle Singletary writes about our plight
http://www.generationdebt.org/archive/cat_news.html#000241
Via the Indianapolis Star: "If you have a student loan, chances are you have earned a degree in confusion. Many borrowers, who have already bundled their student loans into a single fixed-rate loan with one payment, are confused about letters...NewsDiana2005-06-15T10:08:11-06:00