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Our view: Be smart about borrowing for student college degrees Last year, federal and private
student loan debt exceeded credit card debt. Next year,
student loan debt is expected to top more than $1 trillion. As federal and state programs are trimmed, universities lose various forms of funding and more and more
... read moreSallie Mae Cuts Private-Loan Rates To Maintain Volume Growth (SLM) is cutting the interest rates it offers on private
student loans as the company tries to maintain momentum in improving loan-origination volumes. The new rates, effective Monday, range from Libor-plus-2 basis points to Libor-plus-9.875 basis
... read moreCan You Make It Through College Without Student Loans As of 2010, outstanding federal and private
student loan debt totaled nearly $760 billion. Only 40% of this amount is being repaid; the rest of it was in default or deferment (meaning payments and interest are halted), or in forbearance (meaning
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