NEW YORK (CNN) — Carl, a Florida native now living overseas, is afraid to move back to the United States. That’s because he can’t afford to pay his student loans. Carl (who doesn’t want his last name used) stopped making his $450 monthly payments after his family incurred some unexpected medical expenses, and his $55,000… [Continue Reading]

So, here we are — with a majority of Americans feeling distinctly un-American as a partisan takeover of health care was engineered last weekend. But do Americans realize that Congress just took over student loans as well? Unlikely. Now, not only will government increasingly be making decisions about individuals’ health care, but students will also… [Continue Reading]

When Michelle Bisutti, a 41-year-old family practitioner in Columbus, Ohio, finished medical school in 2003, her student-loan debt amounted to roughly $250,000. Since then, it has ballooned to $555,000. It is the result of her deferring loan payments while she completed her residency, default charges and relentlessly compounding interest rates. Among the charges: a single… [Continue Reading]