RT America
Rank: 363 / 5440
13 selected videos
Sen. Warren unveils plan to lower student loan interest rates
American college students are saddled with ever increasing amounts of debt by the time they graduate from college. More than two-thirds of undergraduates have some sort of student debt, which the Consumer Financial Protection Bureau says totals over $1.2 trillion, the highest form of debt other than mortgages. Sen. Elizabeth Warren (D-Mass.) hopes to pass a bill through Congress that would alleviate some of that debt. On Thursday in Washington, DC, she unveiled her plan to lower interest rates...
Related topics : mortgage student loan debt / student loan rates / student loan education
Should student loan debt be forgiven?
College grad's student loan debt has surpassed $1
trillion. It has now surpassed credit card debt in the US and many
students have been frustrated when they aren't able to find jobs after
they finish college. If there are no jobs for these people how can
they pay their loans? Will forgiving student loan debt stimulate the
economy? Robert Applebaum, founder of ForgiveStudentLoanDebt.com,
helps us answer these questions.
Follow Liz on Twitter at http://twitter.com/LizWahl
Related topics : student loan debt credit card
Student loan interest rates to double in July?
Student loan debt has surpassed the $1 trillion mark and in July things can get a little trickier for college grads struggling to pay off their school loans. If Congress doesn't act fast, interest rates on government subsidized loans can potentially increase two-fold by July First. President Obama has publicly addressed Congress in hopes of something being done soon. Stef Gray, economic justice organizer for Change.org, joins us with more.
Like us and/or follow...
Related topics : subsidized loan interest rate / interest rates loan / debt student loan / student college loan
Congress inaction to double student loan rates
Congress faces July 1 deadline on doubling interest rate on subsidized student loans and if it doesn't act, interest rates on new federally subsidized student loans will increase from 3.4% to 6.8% on July 1. That means that low income students have no choice other than go to a college and do something themselves or to join Armed Forces and there is no bankruptcy protection for the loans, as Stef Gray, consumer advocate told RT.
Find RT America in your area: http://rt.com/where-to-watch/
Or...
Related topics : subsidized loan interest rate / student loan rates / federal student loan / low rate loans
College grads to pay double the interest on student loans?
All across America college grads are struggling to find work and this is leaving many of them questioning whether the price of higher education was worth it. Student debt has recently surpassed credit card debt and that number may increase more rapidly than expected. Interest rates on government subsidized loans are set to double by July First if Congress doesn't act soon. Rae Ann Roca, founder of Loan Reform Now, fills us in on the matter.
Like us and/or follow...
Related topics : student loan debt credit card / subsidized loan interest rate
Student loan debt exceeds credit card debt
With universities charging upwards of $50,000 for a year of tuition—without taking into consideration room, board, books and more—is it worth the debt students are burdened with to risk just being added to the astronomical unemployment count? Michael Snyder of TheEconomicCollapseBlog.com says students are all too encouraged to continue their education in college, despite a down-turned job market.
Follow Lucy on Twitter at http://twitter.com/lucykafanov
Related topics : student loan debt credit card
Can Congress dodge student loan interest rate debacle?
In the United States, student loans are responsible for the most debt in the country and has surpassed credit cards by recently reaching the $1 trillion mark. On July 1, interest rates on government subsidized loans are set to jump to 6.8 percent, but the Senate has come to an agreement to stop the increase. RT's Liz Wahl has more.
Like us and/or follow us:
http://twitter.com/RT_America
http://www.facebook.com/RTAmerica
Related topics : subsidized loan interest rate / student loan debt credit card / student loan rates
Congress doubles student loan interest rates
Due to Congress's failure to vote on whether or not to keep interest rates on student loans at 3.4 percent, on Monday that number doubled to 6.8 percent. Lawmakers had more than a year to decide on whether to alleviate the financial burden on college students. This increase will affect approximately 7 million students but not those who already have loans. Robert Applebaum, executive director with StudentDebtCrisis.org, breaks down the numbers.
Find RT America in your area:...
Related topics : student loan rates
Congress to bury college grads in student loan debt?
Millions of college grads are finding it extremely difficult to pay off their student loans, but come this July Congress may make things a little harder. Interest rates on government subsidized loans are set to double if Congress doesn't act quickly. So can Congress save millions from the student debt trap? Sam Knight, producer for The Alyona Show, joins us with his take on student debt.
Like us and/or follow us:
http://twitter.com/RT_America
http://www.facebook.com/RTAmerica
Related topics : student college loan / subsidized loan interest rate
Congress to double student loan interest rates
College goers beware, interest rates may double in the coming days. Congress has 10 days to make a decision on whether or not to let the interest rate increase to 6.8 percent from 3.4 percent. So how could Congress' decision affect nearly 37 million Americans? Mark Kantrowitz, senior vice president and publisher at Edvisors.com, gives us his take on student loans.
Find RT America in your area: http://rt.com/where-to-watch/
Or watch us online: http://rt.com/on-air/rt-america-air/
Like us on...
Related topics : interest rates loan / interest student loan