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Are student loan borrowers being ‘driven into default’?

October 17, 2014 /

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Student loan borrowers are not getting enough help avoiding default, according to a report released Thursday by the Consumer Financial Protection Bureau.

The report, which focused on private student loans, analyzed more than 5,300 complaints filed in the 12 months ending in September. The total number of complaints jumped by 38 percent from the previous year. Many came from consumers who said they weren’t given enough help when they have trouble paying back their loans.

By Jonnelle Marte

Full Story: http://www.washingtonpost.com/news/get-there/wp/2014/10/16/are-student-loan-borrowers-being-driven-into-default/

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Student-Loan Borrowers Have Chance to Refinance at Lower Rates http://www.matr.net/article-62210.html

UM student says college loan debt repayment proposal gains support http://www.matr.net/article-62672.html

A guide to paying off your student loans http://www.matr.net/article-62691.html

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