A Doctor Mom's View of Proposed Health Care Reforms

Posted by Dr. Julia Frank, Professor of Psychiatry, George Washington University Even as a left wing physician, ... may not realize that the average medical student enters residency with staggering debt, ranging ... from private schools. These are loan principals that balloon astronomically as young doctors repay [more...]

Date: 2008-09-18 01:25:06

Blog posts (8) | Videos (37)
 

An Opportunity to Aid Borrowers

Yesterday, the U.S. House of Representatives pushed through a bill that would extend a previous effort to bail out student loan providers. Before the Senate acts on this legislation, Higher Ed Watch urges lawmakers to view this as an opportunity to come to the aid of financially distressed borrowers struggling with private loan debt [more...]

Date: 2008-09-16 19:25:09

Bitch of the Day

My school insurance didn’t cover Gardasil, the HPV vaccine. So I waited until I got a job, found a new doctor and started on private insurance ... . What’s another $600 when I already have $200,000 in student loan debt, right? The U.S. health [more...]

Date: 2008-11-24 16:33:25

A Convenient Scapegoat for the Loan Industry

The Bush administration and lawmakers from both political parties are continuing to look for ways to help struggling student loan providers ... ), knowing full well that some of this debt was likely to go into default. While many lenders ... and Access Act -- specifically, the elimination of $18 billion in subsidies to private lenders [more...]

Date: 2008-10-21 20:25:05

Certifiably Weak

Congress took a small step this summer to try to prevent students from taking on unnecessary private loan debt ... out the advice of their financial aid administrators before taking on expensive private student loan debt ... the lives of their loans. Unfortunately, direct-to-consumer private loan providers lobbied [more...]

Date: 2008-10-14 20:25:06

How To Pay Down $83,306.89 in Student Loans

I have been out of college for about 2.5 years now and made a little bit of progress on my private student loan ... from you) against my private consolidation loan. So the goal is looking at a minimum of $16,800 going ... but not impossible. How are your numbers looking for student loan debt remaining? Private or federal [more...]

Date: 2009-01-07 20:00:00

House shines light on student bankruptcy

“Earlier this week the House held a hearing on private student loans and bankruptcy, shedding light for the first time on a rather unknown yet devastating aspect of student debt. Did you know that because of legislation dating back to 1976 under the Higher Education Act private student loans are unable to be discharged through bankruptcy? In other words, feel free to run up the credit card and splurge, but take out loans to pay for education? That’s just reckless. [more...]

Date: 2009-09-29 02:57:21

Proud of My Six-Digit Student Loans

Rants like these about evil student loans (these examples by ToughMoneyLove) are how holier-than-thou people feel about student loans ... private schools. At one point, my loans were well over 100K. Today, I'm in my mid-twenties and debt free ... . That's the problem with one-size-fits-all personal finance. As for risk, Ramsey hates all student [more...]

Date: 2009-01-13 14:20:59

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