More Scrutiny For Student Loan Servicers?
In order to help resolve issues borrowers face when paying back student loans, the Consumer Financial Protection Bureau, or CFPB, announced this morning that it will begin supervising the largest non-bank student loan servicing entities which, together, hold tens of millions of federal and private student loan accounts. … Read News
Student Debt Is Holding Young People Back From Home Purchases: Deutsche Bank
Young Americans grappling to pay back student loans can’t afford to buy homes, which is fueling demand for the single family rental market, according to Deutsche Bank. The single family rental market has existed for decades, but has grown the most in the past two years. Deutsche Bank gives two reasons: the housing market crash changed the way households view the decision to buy a home, and the … Read News
Dealing With Student Loans
Twin Falls, Idaho ( KMVT-TV / KTWT-TV ) Here's a bit of a depressing stat for Americans just starting out their lives: new data shows the average amount of debt students carry around after they graduate college could be around the size of a down payment of a house. … Read News