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The average cumulative student loan debt borrowed by black undergraduate students is 20% higher than that of white students.
"It is a privilege and a blessing to be at Iona," said Carey/..
Most Connecticut voters approved the idea of eliminating student loan debt up to $50,000.
Hayes said that "my salary as a teacher would not yield an equal return on my investment."
The service offers no-fee refinancing for both federal and private student loans.
"We recognize the important role that refinancing can play in reducing the financial burden for young physicians," said the Darien-based lender's Alyssa Schaefer.
New York Attorney General Eric T. Schneiderman accused student loan servicers of trying to "sidestep state law and oversight."
Under Connecticut Promise, a new initiative launched by the University of Bridgeport, tuition fees for first-time freshman living on campus as well as commuters will be drastically reduced.
For the last year Bank of America has been surveying the financial habits of millennials and the findings reveal an optimistic generation that has struggled to find its footing since the great recession.