For many college graduates, student loan debt is such a large burden that some would take drastic measures — like shaving their heads, giving up caffeine or spending a week in jail — if it meant erasing it. A survey conducted by OnePoll, on behalf of Splash Financial, found that…
Tag: Student Loan Debt
Senator Elizabeth Warren’s Plan to Forgive Student Debt Could Actually Work: Study
Senator Elizabeth Warren’s plan could really help Millennials in particular to buy their first home faster, according to a recent study by Redfin. Senator Elizabeth Warren introduced a proposal to cancel up to $50,000 of student loan debt per person. Redfin took her proposal and tried to see what it…
Virginia Church Pays $100,000 Worth of Debt for Howard University Students
Alfred Street Baptist Church in Alexandria, Va., decided to clear the debt of 34 Howard students. 95 percent of Howard students are on financial aid. About 4,000 church members fasted and prayed for 30 days, saving money to donate to something charitable. They donated $100,000 to 34 students. Thank you…