Loan Rehab Program For Federal Student Loans

You never expected to end up in over your head when you applied for federal student loans, but circumstances have a way of working out differently – and now you’re in default on payments. Fortunately, you have options such as student loan forgiveness to move out of default, get back on track with monthly payments …

Why Are So Many Students In Trouble With Federal Student Loan Debt?

It seems like there are always stories in the news about the Americans being in debt, from credit card problems to foreclosures to car repos – and even federal student loan debt. You might assume that a borrower is financially irresponsible for defaulting on the loans he or she applied for to pay for college, …

Are You Carrying Lots Of Student Debt Going Into The New Spring Semester?

The New Year means heading back to the Spring Semester for many college students in San Diego and Southern California, and you’re likely thinking about studies, classes and extra-curricular activities if you’re one of them. One thing that may not be on your mind – but should be – is your student loan debt. The …

The Private Student Loan Debt Disaster and How It’s Become An Epidemic Problem

Many ambitious college students need to take out loans to fund their college education and pay for living expenses while attending classes. Private loans have often seemed to be a smart option, especially since students could ask a trusted friend or family member to co-sign the financing. However, these arrangements have recently come under fire …

The difference between private and federal student loans

Whether you’re in high school and considering college or want to go back to school for additional training, you might need to look into borrowing funds to pay expenses. Tuition, boarding and the cost of living can be high, which is why many people think about private and federal student loans in San Diego. There …

Can I settle private student loan debt?

There are many personal and professional reasons you might be in trouble with your private student loan debt, from illness to job loss to unexpected expenses. But you’re not alone if you’re having problems making regular, timely payments. If you’re considering whether to negotiate or settle private student loan debt in San Diego, it’s important …

US consumer borrowing climbs to record high in February

La Jolla, CA – April 9, 2015 Earlier this week the Federal Reserve issued its monthly report on consumer borrowing. The report covers consumer borrowing for everything except mortgages. The trend in 2015 has been increased borrowing. February was no exception with these numbers growing by $15.5 billion. While we saw credit card debt decrease …

Senior Citizens and Student Loan Debt

Am I immune from collection of student loan debt if I am retired? Senior citizens facing crippling student loan debt are getting attention in the media over the past few weeks. Nationwide, student loan debt exceeds $1 trillion. According to a recent report from the Government Accountability Office, four percent of Americans between the ages …