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Student loan repayment is easier for students who earn a degree, according to a new study released by the Institute for Higher Education Policy (IHEP). The Washington, D.C.-based organization found that college graduates are more likely to repay their debt because they’re also more likely to earn a higher income than those who do not graduate.

Graduation Makes a Difference in Avoiding Loan Delinquency

A military student loan deferment program offered by JPMorgan Chase was recently reinstated after NBC News questioned the program’s elimination. The family that contacted NBC may have helped hundreds have their deferments reinstated while on active duty after the program ended two months ago.

Chase Pressured into Reinstating Deferment Program

Repaying student loans was difficult for the 25 percent of students who defaulted within three years of beginning repayment. According to the Department of Education, the one thing these students had in common is that they had all attended for-profit colleges.

For-Profit Students Twice as Likely to Default on Loans

New data released on Friday by the Department of Education revealed that not only have one quarter of all borrowers with federal student loans at for-profit colleges defaulted, but these students will be twice as likely to default as their counterparts at non-profit institutions.

Banks were much more giving in 2010 than previous years when it came to giving out quality loans and credit cards, according to a new survey released by the Federal Reserve. In the survey, it was revealed that borrowers have gotten better about paying off their debts. As a result, banks gave out more loans last year and are expected to provide even more funds in 2011.

Lending Standards Are Loosening

Rock star, novelist, fashion designer. We all have a dream job, but the number of us who are actively pursuing it is probably pretty small. That’s because there are quite a few factors that prevent people from finding success in their ideal careers, such as lack of talent, a high level of competition or most importantly, low pay along the way to the top. So while obtaining your dream job may be the answer to finding true joy in life, consider whether you can really afford to be that happy.

Dream Job With Dream Pay Not Likely

A new college tuition tax credit is expected to help 9.4 million American families this year, U.S. Treasury Secretary Timothy F. Geithner said on Thursday. This credit is known as the American Opportunity tax credit, a relief program designed to ease the cost of college tuition and fees.

Tax Credit to Offset Rising Tuition Costs

There are quite a few financial deadlines to remember over the course of 12 months and it’s probable you’ve missed one or two in the past. Are you familiar with the sense of panic that accompanies waking up on April 15th and realizing you haven’t started your taxes? Did you forget to max out your retirement account contributions last year? If you need some assistance remembering all your important 2011 budget and planning dates, here’s a quarterly calendar to keep you on track.

Q1 2011 (January-March)

Former students are always looking for ways to ease the pressure of paying back student loans, especially when there are multiple loans to repay. For many, loan consolidation has become a great way to reduce loan payments while eliminating the need to keep up with multiple lenders and interest rates.

You may have heard of a number of consolidation options, including the Direct Consolidation Loan Program. Since it offers a lot of advantages for borrowers looking to consolidate, let’s take a look at what the program is and how you could benefit from it.

Paying back loans was a struggle for many American consumers in 2010, according to a new report from the American Bankers Association (ABA). The report, released on Tuesday, revealed the overall loan delinquency rate jumped in the third quarter. This was the second straight quarter to see increases.

Loan Delinquency Rate Jumps to 3.01 Percent

Taxpayers who were looking forward to the H&R Block refund-anticipation loan (RAL) shortly after the new year may be disappointed to learn the company will no longer be able to provide it. According to an announcement from the U.S. tax preparer, HSBC Holdings Plc will no longer provide funding for the loans after U.S. regulators ordered the lender to terminate its contract with H&R Block.

Lawsuit Ends in Terminated Contract