The mortgage crisis of 2007-2008 was the result of an abundance of unstable loans, and a similar event could be brewing with regard to student loans. There are currently about 45 million borrowers who collectively owe $1.6 trillion in student loan debts, making it the second highest consumer debt category in America. Similarities between the student loan situation and the …

As high school seniors look forward to graduation, their opportunities seem endless. And more often they are finding their higher education opportunities overseas. Instead of studying abroad for a portion of their studies, about 50,000 U.S. students chose to pursue their full degree in another country, as of November 2019. The Institute of International Education reports that a little more …

In 2007, Congress created a program for student loan forgiveness. The lawmakers hoped the program would bring more people to lower paying careers with a promise that after 10 years, if the students were able to pay their student loan debt and pursue the chosen career, the remaining balance of their student loans would be written off. However, many of …