Former ITT Students Stage Debt Strike, Refuse To Repay LoansThe striking students want their debt forgiven, which is allowed under the law, but they also must give up any college credits they earned.
How Can Your Home Fulfill Your Dreams?Your new home can help you many different ways over the course of your life. Here are a few things to consider now that you are a home owner.
Victim Of Student Loan Con: 'It Was Too Good To Be True'CBS 2’s Dorothy Tucker reports someone you'd least expect to be a victim was blindsided by the pitch.
Northwestern Law School Offering Debt Relief To New GraduatesNorthwestern University School of Law has launched a new program to ease the burden of student debt for graduates who can't afford to pay off their loans.
Tax Tips: What All New College Grads Need To KnowWelcome, students, to taxes for recent graduates 101.
College Financial Aid Tracker: Illinois Schools With Most ApplicationsAs parents and students face deadlines to submit request for federal financial aid for college, Lane Tech High School ranks No. 1 in the state for aid applications.
College Affordability: Know Your Federal Student Loan Repayment OptionsMore than 70 percent of undergraduate college students take out student loans to help with college costs. The U.S. Department of Education offers several different repayment plans to ease the burden of loan payments for new graduates as they work to establish their careers.
Some Borrowers Could End Up Paying More In Interest Under Obama’s Student Loan PlanOn Monday, he expanded a program to make it easier for graduates to make their monthly loan payments. But CBS 2's Jim Williams reports it could cost them more in the long run.
Durbin Pushes Legislation For Refinancing Student Loans Senator Dick Durbin says students with loans should get the same break as homeowners with mortgages and be allowed to refinance down, reports WBBM’s John Cody.
Chicago Students Grapple With Loan Interest ShockerStudent loan interest rates doubled on Monday after the U.S. Senate failed to reached an agreement to ease the increase.
Durbin Puts Spotlight On Ballooning Student Loan DebtIllinois Sen. Dick Durbin and two congressional colleagues held a hearing at Chicago's City Hall Monday on the growing burden of student debt.
Are Student Loans Too Easy To Get?From TV commercials to stacks of brochures, lenders are bombarding students with attractive offers to get fast loans. One young man was able to borrow $28,000 without a co-signer, CBS 2's Dorothy Tucker reports.