Student Loans

FILE- This Jan. 8, 2015, file photo shows a row of chairs with the "Pitt" logo, for the University of Pittsburgh before an NCAA college basketball game in Pittsburgh. The University of Pittsburgh is offering graduating seniors up to $5,000 in federal student loan relief with one request: They pay it forward. The school’s new program, Panthers Forward, will help recent graduates chip away at student debt and introduce them to alumni mentors to encourage professional development. Students have no obligation to repay the gift, but the university is encouraging recipients to make financial contributions to sustain the program. (AP Photo/Keith Srakocic, File)
January 17, 2019 - 9:57 am
With collective U.S. student loan debt nearing $1.5 trillion, some colleges are testing innovative solutions to help reduce student borrowing. Using no-strings-attached student loan payoff-assistance programs, college loan alternatives and annual student debt letters, these three universities are...
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This September 2018 photo provided by Nerdwallet, Urban Adams and his daughter pose for a photo in Canton, N.Y. Sofie considered several schools before taking an academic scholarship and an offer to play this fall for St. Lawrence University, a 2,500-student private college in upstate New York with a study abroad program. (Urban Adams/NerdWallet via AP)
November 15, 2018 - 10:06 am
A four-year journey to decide where to go to college ended for Sofie Adams when a college recruiter approached her after a softball game and asked, "Do you want to study abroad?" "No one else had asked me that, and yes — I really do want to get overseas," says Adams, 18, who considered several...
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FILE- In this April 3, 2017, file photo U.S. Army soldiers march in formation during a change of command ceremony at Joint Base Lewis-McChord in Washington. If you’re a veteran with student debt, you have repayment rights unique to military service members that can keep you on track and out of default. (AP Photo/Ted S. Warren, File)
November 09, 2018 - 12:23 pm
If you're a veteran with student debt, you have repayment rights unique to military service members that can keep you on track and out of default. Federal student loan default occurs after nine months without a payment. Late notices turn into collection calls, and your creditor - the government -...
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Lorelei Salas
Peter Haskell/WCBS 880
October 19, 2018 - 1:35 pm
New York City is suing one of the largest for-profit colleges in the state.
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FILE - This April 2017 file photo provided by NerdWallet shows Brianna McGurran, a columnist for personal finance website NerdWallet.com. "Ask Brianna" is a Q&A column for 20-somethings, or anyone else starting out. (NerdWallet via AP, File)
August 23, 2018 - 10:53 am
Sure, your college may allow students to pay for tuition and fees with a credit card. But, like partying the night before a midterm, it's probably not a good idea. Paying for anything with plastic requires a plan to get rid of your balance fast. That keeps interest charges from piling up. Plus,...
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July 25, 2018 - 11:55 am
The Trump administration is proposing new rules that could make it harder for students to get their loans erased in cases of fraud. Education Secretary Betsy DeVos announced the proposal Wednesday after months of negotiations to replace Obama-era rules. Her proposal would allow students to get...
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Sen. Kirsten Gillibrand On Student Loans
Ethan Harp/WCBS 880
May 21, 2018 - 2:16 pm
College graduates could be at a greater risk of defaulting on their student loans after a move by the Trump administration, according to U.S. Sen. Kirsten Gillibrand (D-New York).
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