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Tag Archives: Federal

Higher ed needs a shake-up

It seems every politician under the sun is scrambling to deal with the out-of-control costs of higher education in the U.S. And with good cause. Over the past three decades, college costs have tripled, while family income has stayed flat. Graduates carry more than a diploma away from college: They …

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Holistic approach needed to fix vital federal mortgage programs

In late March, the Trump administration sent a memo asking the Department of Housing and Urban Development and Treasury to develop plans and recommendations on housing finance reform, focusing on key federal mortgage programs that they oversee, such as the Federal Housing Administration, Ginnie Mae, Fannie Mae and Freddie Mac. …

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YOUR MONEY-Cosigning a student loan? Be prepared to pay

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0. 8em)–sm” type=”text” content=”(Corrects 10th paragraph to clarify that 96% of cosigns are for undergraduate loans)” data-reactid=”11″>(Corrects 10th paragraph to clarify that 96% of cosigns are for undergraduate loans) <p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0. 8em)–sm” type=”text” content=”By Beth Pinsker” data-reactid=”12″>By Beth Pinsker <p class="canvas-atom …

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Your money: Cosigning a student loan? Be prepared to pay

NEW YORK (Reuters) – Is your college-bound child a good credit risk? Consider this very carefully before cosigning a private student loan. Some 49% of private student loan cosigners over age 50 end up paying some of that debt, according to data released in May by the AARP Public Policy …

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