NAFCU, CUNA see minimum direct impact on credit unions but leveling of playing field.
The problem of snowballing student loan debt is well-documented in what seems like a weekly ritual in the media. While it is true that graduates are often left with numerous loans, each with different payment schedules and terms, we hear precious little about solutions.
Despite an industry facing trends to the contrary, Gary Perez is upbeat about the future of student loans at his credit union.
The $4.2 billion Pennsylvania Employee Credit Union is getting out of the student loan business, but Harrisburg, Penn.-based credit union’s decision isn’t related to recent criticism directed at loan servicer Sallie Mae.
Student loan giant, credit union client differ with CFPB report of widespread service complaints.
Analysis shows largest student loan servicer at bottom of peer pool, could affect contract allocation.
Wisconsin-based student lending specialist hits mark after three years in business.
Massachusetts senator questions interest markup Sallie Mae passes on to student borrowers.
North Carolina program helps fund loans that provide a second chance at repayment for borrowers who have defaulted on federal student loans.
From the Wall Street Journal to the activist blog Zero Hedge, economists and pundits have been actively debating this year whether or not a student loan asset bubble exists and if so, when it might pop.