Student loan debt is at an all time high — and it’s hitting African-American students the hardest. According to a study by the Brookings Institution, there are racial debt disparities in low-to-moderate income students. Black students leave college with an average debt of $27,000, while White students incur an average of $20,000. Student load debt facts: Black […]
An Inspector General report says the Education Department misled the public about the misdeeds of student loan companies. Lawmakers are outraged over the mistreatment of military service members.
The department of education launches an investigation unit. Critics say the government has been slow to probe colleges accused of fraud.
Dee triumphantly raps, “For those who doubted me, yeah this is payback. No sir, I don’t drive a Maybach. But guess what I did? I finished paying Sallie Mae back.”
In what might be an extreme use of government resources, reports are coming forth that U.S. Marshals are serving warrants and arresting people for outstanding federal student loans. A Houston man says that seven armed marshals arrived on his doorstep for a $1500 loan he took out nearly 30 years ago, but there might be […]
African-American students are paying a big price when it comes to achieving higher education; according to a new report, Blacks acquire the most student loan debt. The National Center for Education Statistics released new numbers that show how much debt African-American students collect and how the numbers compare to other races, Mic reports. Not only have African-American students borrowed more from lenders, […]
Seniors gearing up for graduation at Howard University can breathe a little easier now; the Mecca is implementing a new practice that will surely lower some of those Sallie Mae student loans. Starting next year, the university will cover 50 percent of a student’s final semester if they graduate early or on time. Now there’s […]
Do you feel your student loan payments are just too high? Jasmine Montgomery from the Bronx is one of many who feel that way. In the video above, she asks for advice. Tiffany Aliche, the Budgetnista, answers with tips we can all use. Start off by creating a budget, Aliche counsels. “That’s just a list of everything you […]
Wealth coach Deborah Owens joined Roland Martin Tuesday on “NewsOne Now” to share some very important information about saving for college. In this week’s installment of “WealthyU,” Owens detailed several savings plans that will help parents save money for their child’s college education without going broke. Listen to all of Owens’ tips for saving money for your […]
On Tuesday, Rep. Charles Rangel joined Roland Martin on “NewsOne Now” to discuss President Barack Obama’s executive order to help millions of Americans lower their student loan payments and the SBA announcing plans to help more minorities borrow funds to expand their business ventures. Plus, Rep. Rangel shared his views on the Koch Brothers’ $25 million donation to […]
Today on “NewsOne Now,” Roland Martin got real about finances with “Washington Post” financial columnist, Michelle Singletary. They talked about economic slavery and freedom. “Debt makes you a slave,” Singletary insisted. Many people, especially before the housing loan meltdown, thought they were wealthy because they could leverage lines of credit to buy material things, They had […]
op-edTaking A Stand Against Forced Motherhood
Black Women’s Equal Pay DayThe Wage Gap And Where Black Women Rank
women's history monthErika Alexander Narrates New Audible Series 'Finding Tamika'
#theblackballotKeturah Herron Wins Kentucky Special Election
#theblackballotImportant Primary Elections Happening This Week
black history monthRemembering Rosa Parks' Resistance Against Racism