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Wall Street firm pushes for student loan forgiveness

2014-10-31 17:31:01| Real Estate - Topix.net

It's too early to say exactly how the idea from BlackRock would work, but it would take Congressional action because the federal government administers the majority of student debt. The proposal could be a creative way to ease student debt, which has quickly become a $1.2 trillion Achilles heel in the American economy.

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Student loan system 'tipping point'

2014-07-22 02:03:58| BBC News | Business | UK Edition

There are so many problems and incorrect forecasts in the student loan system that there needs to be a complete review, says a report from MPs.

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Student loan boss 'offered to resign'

2014-07-08 13:39:29| BBC News | Business | UK Edition

The chairman of the Student Loans Company offered to resign over "misleading" letters chasing arrears sent to more than 300,000 graduates.

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Student loan debt 'underestimated'

2014-02-14 04:33:30| BBC News | Business | UK Edition

The government consistently underestimates the student loan debt that will never be repaid, the Public Accounts Committee says.

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Concern over student loan debtors

2013-11-28 13:36:53| BBC News | Business | UK Edition

The rising cost of the student loan system requires a more effective way of recovering debts, warns the MPs' spending watchdog.

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