Md. lawmakers, AG question DeVos on loan forgiveness program

Maryland Attorney General Brian Frosh and a coalition of state lawmakers have asked U.S. Education Secretary Betsy DeVos why so many people are being denied by the federal Public Service Loan Forgiveness program.

Rising student loan debt hurts housing market, Fed says

WASHINGTON – With student loan debt numbers at a historic level, the Federal Reserve reports that home ownership rates are dropping as a result. The nationwide home ownership rate has dropped noticeably since 2005, particularly among young Americans. In the…

State commission offers help to those trying to pay off student loans

The state’s Financial Education Commission voted to endorse legislation to safeguard students from defaulting on their student loans.

College becoming less affordable for Maryland students

Many of the reasons loans have increased is because the price to attend college, even at state schools that subsidize costs for some students, has also increased, including in Maryland.