NEW YORK–(BUSINESS WIRE)–While the debt ceiling agreement ostensibly means that the U.S. has averted a rating downgrade for now, federal family education loan program (FFELP) student loan asset-backed securities (ABS) sidestepped any potential rating actions according to Fitch Ratings in its latest ‘Student Loan Report Card.’ Earlier this year, the Department of Education came closer to …
Entries from August 2011
Fitch: With U.S. Debt Agreement, Student Loan ABS Avoids Rating Actions
August 2nd, 2011 · No Comments
Tags: Credit Cards · Student Loans
Debt Ceiling Deal To Add Thousands To Grad Student Loan Bills
August 2nd, 2011 · No Comments
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Tags: Credit Cards · Student Loans
Alan Siegel: Student Loan Consolidation: Even the Best and Brightest Are Befuddled
August 2nd, 2011 · No Comments
Economic consequences of defective loan consolidation programs puts many students even further in debt and destroys their confidence in government Despite President Obama’s quick and…
Tags: Credit Cards · Student Loans
Debt Downgrade Unlikely to Push Interest Rates Higher
August 2nd, 2011 · No Comments
The humiliation of a credit rating downgrade for the U.S. would enact some psychological damage but is widely viewed as less likely to cause any actual carnage on interest rates.
Tags: Credit Cards · Debt Consolidation
Cut, cap and balance your own budget
August 2nd, 2011 · No Comments
While your individual credit card debt will never approach the trillions of dollars of debt the U.S. government has incurred, no matter how big or small your credit card balance is you probably want to eliminate it. There are a variety of available approaches to eliminating your personal deficit. Each one requires you to take steps to spend less money and to apply the savings to your credit card …
Tags: Credit Cards