President Obama’s remarks about student loans during his State of the Union address ring true for millions. The President’s succinct message about the massive burden posed by student loans to millions of Americans was spot on: Cap student loan payments at ten percent of the borrowers monthly income. A similar proposal was presented by Senator…

Sen. Kirsten Gillibrand is renewing a call for legislation that would allow student borrowers to refinance their federal student loans at lower interest rates, urging President Barack Obama to push the effort in his State of the Union speech Tuesday. The New York Democrat said Sunday there’s currently about $1.2 trillion in student loan debt…

As we all know, US Student loan debt has surpassed the $1Trillion mark – now exceeding the combined total of credit card and auto loan debt which comprises 6% of our national debt – the total GNP of South Korea. In 2013, two thirds of undergraduates left school owing more than $35,000 in debt. Those…

Here are some interesting statistics just released on who is actually files bankruptcy in 2014. Women file bankruptcy more than men by a continually narrowing margin. In 2013, 52 % more women filed than men – but that gap is narrowing at a rate of about 1 % a year. The age demographic is shifting…