When you think of your golden years, you think of rest, relaxation, travel and the good life.Yet, for millions of Americans, student loans are still a reality. Here's what you need to know and what to do about it.here are more than 44 million borrowers who collectively owe $1.5 trillion in student loan debt in the U.S. alone. According to Make Lemonade, s
The numbers are staggering for Parent PLUS Loans, in particular. There are 3.6 million borrowers who collectively owe $88.9 billion in Parent PLUS Loans. This amount does not include Parent Loans, which can be borrowed from private lenders. On a percentage basis, the largest increase in student loan debt over the past five years has come from a surprising age group: 60 to 69-year-olds, who have experienced a 71.5% increase in student loan debt.
that in 2018, Americans age 55 and older were hired for 49% of the 2.9 million new jobs gained in 2018, which represents the largest share of any age group. A Parent PLUS Loan is a federal loan from the U.S. government that a parent borrows on behalf of a dependent undergraduate student to finance the dependent's education.
Source: Education Headlines (educationheadlines.net)
SMART READ for all BlueStar30_ parents.
Asset Backed Securities... Transfer them off the books of the banks to willing investors and tranch them...
They will never pay it back the system is rigged with highest interest by the fukin bank🎩
Sell everything you own for cash. Then claim bankruptcy.
Wait for Liz Warren to save you?
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99% Of Borrowers Rejected Again For Student Loan ForgivenessThe latest student loan debt statistics show that more than 99% of people who applied for public service loan forgiveness have been rejected Can concur. you go giry Get rid of her
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Should student loan debt be canceled?The rising cost of education and the increasing necessity of a college degree in many professions have led to an explosion in student loan debt in the U.S. Sen. Elizabeth Warren has proposed the most radical measure: an aggressive proposal to tackle the problem by canceling $1.25 trillion in student yes.....just this one act of socialism, PLEASE !!!! I am pleading here !!!......and then we can go immediately back to full proof Capitalism....... Yes Yes
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99% Of Borrowers Rejected Again For Student Loan Forgiveness99% of borrowers have been rejected again for student loan forgiveness What's the criteria for student loan forgiveness? I don't understand why they don't make student loans available at 1-2% instead of the current 5-9%. These rates are higher than car loans...this is one area where the government can actually play a role.The dems free education idea is stupid, but the 5-9% rates are also too high when if you not understand bank what mine translate for me and five a reason you dor me if you now
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99% Of Borrowers Rejected Again For Student Loan ForgivenessMore than 99% of borrowers were rejected for student loan forgiveness. The 1% who were forgiven had a surname of 'BANKS' if you borrowed the money you should repay it I borrowed it. I’m willing to pay back what I borrowed with interest. But these rich scum bags who are not willing to pay their share of taxes or whatever they are due are un-American thugs.
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Trump Administration Hires McKinsey to Evaluate Student-Loan PortfolioThe Trump administration has retained private consultants to estimate potential losses in the U.S. government’s $1.45 trillion student-loan portfolio and is weighing selling all or portions of the debt to private investors. Are we headed for another round of sub prime lending issues, this time for student loans? 🤔 GOP wants to keep Americans in debt, they are investing in our debt Easy solution is to stop borrowing money
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