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A new report by Junior Achievement and PricewaterhouseCoopers finds that nearly a quarter of millennials believe that their student loan debt will one day be forgiven - a sign that parents and students need to make more informed decision about the long-term costs of a higher education.
Where students with debt live matters. Statistics suggest they're better off in Virginia than in Maryland or D.C., according to WalletHub.com.
Decide how to best allocate your money to meet your financial goals.
Another player in the student-loan market is now offering borrowers lower interest rates.
It's important for high schoolers to consider career paths that will help pay back debts, Gene Natali Jr. says.
A new analysis shows that loan applications for home purchases have dropped 20 percent in the past four months compared with the same period a year ago, and experts think student loan debt may be to blame.
The WTOP Answer Desk set out to learn which wheels of government would continue to turn and which might grind to a halt.
Credit monitoring firm Credit Karma said the average outstanding student loan debt among District borrowers in July was $43,856, the highest in the nation when D.C. is ranked against states.
Depending on the type of loan, some students won't feel the pinch of doubling interest rates while others will take the hit upon graduation.
If you're strapped with a student loan and worried about the doubling of interest rates, you may not have to worry, at all, depending on your loan.
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