student loan debt

The nation's student loan debt continues to skyrocket. How much do New Yorkers contribute to the problem?

A company that owns two national for-profit college chains said Thursday that it will erase nearly $500 million in debt incurred by former students as part of a settlement with 48 states and the District of Columbia.

State lawmakers in New York are taking a look at what the state can do to lessen the burden of student loan debt.

A new report from the State Comptroller's office says New York's student debt has doubled in the last ten years, from $39 billion to $82 billion, with the average student owing over $32,200 - compared to the national average of $29,700.

WASHINGTON (AP) — A new report by a federal consumer advocacy office says many Americans saddled with high-cost private student loans are falling into default.