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  2. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    In 10 years, the loan program experienced 230% growth in the loan portfolio and 130% growth in the loan recipients. Student loan debt in 2019 is the highest it has ever been. According to the latest loan debt statistics, student loan debt has become the second highest consumer debt category behind mortgage debt. [15]

  3. Educational Credit Management Corporation - Wikipedia

    en.wikipedia.org/wiki/Educational_Credit...

    Educational Credit Management Corporation ( ECMC) is a United States nonprofit corporation based in Minnesota. Since 1994, ECMC has operated in the areas of student loan bankruptcy management and loan collection. ECMC is one of a number of guaranty agencies that oversee student loans for the United States Department of Education.

  4. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [ 1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...

  5. Georgia is No. 3 in average student loan debt. A look at why ...

    www.aol.com/georgia-no-3-average-student...

    The average federal student loan debt per person in Georgia has grown to more than $40,000, according to a Chamber of Commerce report. This puts the Peach State as the No. 3 most student-debt ...

  6. How long should you keep your student loan records and ... - AOL

    www.aol.com/news/2019-04-12-how-long-should-you...

    Bottom line: Keep at least until your loan has been repaid. 4. Student loan receipt. You can typically request and receive a loan receipt from your loan servicer or lender. You could use it to ...

  7. How to determine whether you have federal student loans - AOL

    www.aol.com/finance/determine-whether-federal...

    Federal. Private. Interest rates. Fixed, set every year by Congress. Fixed or variable, set by each lender. When you start paying. After a six month grace period once you graduate; when you drop ...

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