Stafford Loan

Old School: Seniors Citizens Still Stuck With Student Loans

The student debt crisis isn't just an issue for fresh-faced Gen Y'ers. Thanks in part to the Great Recession, an older cadre is finding itself buried under the weight of billions of dollars in unserviceable loans.

Doubling the College Tax Credit Is a Smart Move

Last week, U.S. Rep. Leonard Boswell (D-Iowa) proposed the Universal College Credit Act, which would double to $5,000 the annual tax credit for college students. It's a smart idea, but to really make it fly, that credit needs to be combined with a change you might find counterintuitive.