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Wednesday, March 21, 2012

Learn What the Student Loan Forgiveness Act Could Mean for You - Student Loan Ranger (usnews.com)

Learn What the Student Loan Forgiveness Act Could Mean for You - Student Loan Ranger (usnews.com):


Learn What the Student Loan Forgiveness Act Could Mean for You

March 21, 2012 RSS Feed Print
On March 8, Congressman Hansen Clarke (D-Mich.) introduced H.R. 4170, the Student Loan Forgiveness Act of 2012
Normally we don't go into the findings of particular pieces of legislation, but the Student Loan Ranger thinks findings like this are refreshing and show Rep. Clarke is living in the reality most of us inhabit, including:

Total outstanding student loan debt officially surpassed total credit card debt in the United States in 2010, and is on track to exceed $1,000,000,000,000 during 2012; 
Excessive student loan debt is impeding economic growth in the United States. Faced with excessive repayment burdens, many individuals are unable to start 


Equal Justice Works

Articles by Equal Justice Works

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If you've had a bad experience or are looking for guidance, there are options.
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Nearly $1 trillion in student loan debt may be slowing down economic recovery.
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Tools and campaigns may shed light on borrowing for school.
 Feb 22, 2012
Some policies may help low-income students to complete college.
 Feb 15, 2012
From Washington, D.C. to California, student loans are a hot topic.
 Feb 8, 2012
Hear from the organization's cofounder about law school reform and a new initiative.
 Feb 1, 2012
A recent report notes that issues of debt and employment found in legal education exist in other areas.
 Jan 25, 2012
Completing the Free Application for Federal Student Aid should be the first step in paying for school.
 Jan 18, 2012
The 2012 budget preserves the Pell Grant but cuts important student protections.
 Jan 11, 2012
Political contenders should consider the educational debt crisis when touting plans for economic change.