Helping Students

Connecticut might Forgive Student Debt for Green Jobs

Connecticut’s legislature is considering forgive as much as $2,500, or 5% of loans, for those who go to work in green technology and other industries. Students would have to earn a bachelor’s or associates degree. Then work in CT for at least 2 years. This is an effort to increase CT’s work force in high-growth green technologies.

March 15, 2010 | Filed Under Debt | Leave a Comment 

Denied Professional License due to Student Debt

That’s right you can be denied a professional license for student debt.  Accreditation boards have denied licenses or renewals to lawyers, nurses and physicians.  Lynn O’Shaughnessy, of CBS Money Watch, sums it up with, “The judge’s decision made me wonder what’s next: Debtor prisons for delinquent student borrowers?” Read her full story

March 6, 2010 | Filed Under Debt | Leave a Comment 

Student Debt: 42% Live “Paycheck to Paycheck”

From the Miami Herald the U.S. Department of Education of education reports that college debtors:

- 34 percent have sold possessions to make ends meet.
- 42 percent live “paycheck to paycheck”
- 39 percent say they will take more then 10 years to pay it all off.
- 27 percent put off medical or dental procedures.
- 48 percent suffer from anxiety and sleeplessness.
- 43 percent put off grad school.
- 47 percent say their families should have done more to save for college.

December 23, 2007 | Filed Under Debt | Leave a Comment 

Student Debt – A Life Sentence

CNNMoney.com reports on how the large amount of debt students are now graduating is diverting careers,marriage and buying a home. Read more

December 23, 2007 | Filed Under Debt | Leave a Comment