Nearly 50% of black college students have defaulted on a federal loan, compaired to 20% of white students.
The survey also found that more families are using 529 college savings plans but many don't understand all the advantages.
Sallie Mae’s 10th survey of parents and children shows that parents are saving less and students are borrowing more.
California, Florida and Hawaii cooperatives sign contracts with college football programs.
College-sponsored card programs fall by 65% over five years as large banks exit the market, a new study reveals.
Trades express concern for how new regs, which are intended to protect student consumers, may affect credit unions.
A recent New York Times column urging borrowers to default on their student loans has grave implications for credit unions.
Department of Education reveals new rules that could change college-financial institution partnerships.
Wisconsin credit union rolls out fixed- and variable-rate education loans, plus a flexible line of credit options.
While federal student loans are in a state of flux, the future looks bright for private student lenders.