Sallie Mae News
Government Switches Student Loan Servicers: What You Need to Know
In July, the Department of Education announced changes to its federal student loan servicer team, meaning borrowers may soon see their loans transferred to different companies. The government contracts companies to manage student loan repayment . With the end of a contract with the Direct Loan
Report Finds Scholarships, Grants Are Largest Source for Family College Spending
Typical Family College Spending Includes 30 Percent From Scholarships, Grants
What Happens to Student Loans When You Die?
Did you ever wonder what happens to your student loans if you die? We recently received this question from a reader: If the borrower of a student loan dies, is the spouse liable for that loan? Maybe, maybe not. With traditional loans, as long as the spouse is not listed as a co-signer or joint
Chicago Middle Schooler Saves Two Lives In One Week
Travon Avery Saved the Life of His Best Friend and, Days Later, His Teacher
How to Fix the Broken Student Loan System
How the Market and Government Play a Role in the Broken Student Loan System
Boost Your Investments With Credit Card Rewards
Credit cards can offer more than just miles and cash back. They can also help boost your future. There are two major credit cards on the market that allow you to make certain types of investments with rewards, although there have been others in the past. The Upromise World Master Card allows
As Senate Debates Student Loans, Rubio Still Paying Off College Loans Himself
Sen. Marco Rubio, R-Fla. voted against taking up a version of the student loan bill offered by Senate Democrats and defended his vote by discussing the student loans he is still trying to pay off. “I think I am one of the only senators here...
Student Loans: Law Graduate Sues Lenders for Interest 'Scheme'
A law school graduate is suing his student loan lenders saying they had a "scheme" to collect additional interest from students in debt. Justin Kuehn, 29, a graduate of George Washington University Law School, accuses Citibank, Discover and Discover's subsidiary, The Student Loan Corporation, of
Bank Forgives Dead Student's Loan; Family Fights to Change Law
Six years after the death of Christopher Bryski, a 23-year-old student at Rutgers University, Key Bank has agreed to forgive his student loan. But Bryski's family is not stopping there: It's now fighting to change the laws in the hope of sparing others the trauma it endured as lenders continued to