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courtesy U.S. Rep. Dan Kildee
courtesy U.S. Rep. Dan Kildee
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U.S. Rep. Dan Kildee Calls for Congress to Freeze Interest Rates on Student Loans

Michigan Congressman Dan Kildee has renewed his call for Congress to take action on his legislation to freeze student loan interest rates at 3.4 percent until 2015.

On July 1st, interest rates on new federally subsidized Stafford loans doubled to 6

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Getty Images
Getty Images
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Parents Are Taking Out Student Loans for Kindergarten

Parents taking out a crippling loan to ensure that their child has a good education is nothing new. However, they usually wait until the child is in a grade that doesn’t have a finger painting class before they start slowly going into debt. 

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learnscope, Flickr
learnscope, Flickr
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Senior Citizens Are Stuck with $36 Billion in Student Loans — Dollars and Sense

While educational debt is generally thought to be the problem of younger people, new data from the Federal Reserve Bank of New York reveals a startling fact: Americans ages 60 and over collectively owe $36 billion in student loans.

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