Stafford Loans With The Government

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News Student Loan Default Threatens Community Colleges
One in five people who borrow money from the federal government to attend Cape Fear Community College isn't paying back the loan.If the 22.6 percent default rate jumps to an average of 30 percent for three years, the college could be at risk of losing Pell Grants, federal funds that help low-income students pay for tuition, books and living expenses.  … Read News

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News Graduate School Loan Borrowers May Face Reduced Forgiveness Options
The release of President Barack Obama's budget last month sparked growing concerns that student loan forgiveness — specifically for graduate school student debt — will cost taxpayers much more than originally estimated. As the Student Loan Ranger discussed previously , the president's budget shows a shortfall of approximately $21 billion for the federal student loan programs, in large part due … Read News

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