This report provides detail on the changing landscape of higher education and student debt, including new information on how borrowers are affected in each state, and describes the actions the Administration has undertaken to make college affordable.
In acknowledgement of your service to our country, there are special benefits and repayment options foryour student loans available from the U.S. Department of Education and the U.S. Department of Defense.Contact your student loan servicer for additional information on these options, including eligibilityinformation and what documentation you should provide to receive the benefit.
Rising student loan debt and a high unemployment rate may prevent college graduates from achieving ﬁnancial goals and spill over into the U.S. economy, according to a recent report. Thenation’s youngest adults may ﬁnd it difﬁcult to become homeowners, qualify for auto loans, start small businesses, and delay saving for retirement.
If you’re thinking about getting a federal student loan, are in the process of obtaining one,or already have one, you should read this publication. This booklet will help you understand the federal student loan process and help you make informed financial decisions.