student loans

Congress let the Stafford Student Loan deadline pass without passing legislation to prevent the automatic rate hike from taking effect. That means If you’re taking out or renewing a federally subsidized Stafford loan starting today you rate is now 6.8 percent which is double from the 3.4 percent it was Sunday.

College students taking out new loans for the fall term will see interest rates twice what they were in the spring — unless Congress fulfills its pledge to restore lower rates when it returns after the July 4 holiday.

Interest rates on new student loans are going to double because the Senate does not plan a vote before Monday's deadline.

Senate Democratic Leader Harry Reid says a bipartisan agreement being offered on student loan interest rates is not an acceptable deal.

Senators are struggling to hold together a bipartisan deal to keep student loan rates from doubling on July 1 as their colleagues trade political barbs with little more than a week to go before the deadline.

Thousands of applicants for Stafford loans could be facing a higher interest rate if Washington does not extend the lower rate for students of the 2013-2014 school year.

The New Jersey brain drain continues at a staggering rate.

Student loan debt isn't only a problem immediately after college.

A New Jersey lawmaker is pushing a plan to help college graduates pay off a portion of their student loans by living in struggling urban areas for a few years.

It's a growing problem in the Garden State, many college kids are forced to take out big student loans, and by the time they graduate they're saddled with significant debt, so they frequently have to take whatever job they can find - that's out of their field of interest - in order to start paying back those loans.