student loans

Phone Scams
Creative Commons

The Washtenaw County Sheriff's Department is warning residents to be on the lookout for a new phone scam. In this latest one, a person calls claiming they're a lawyer trying to collect on a defaulted loan.

  A state Senate panel will take up a bill on Tuesday that would allow college graduates to claim a tax credit based on student loan interest payments.

Supporters say skyrocketing student loan debt is causing recent grads to move out of Michigan.

Michigan lawmakers are working to draw more medical providers to low-resource areas by raising caps for a loan repayment program for health professionals in those areas.  

: Nastassia Davis [] / Foter / CC BY-NC

  Due to inaction on the part of the US Congress, student loan interest rates have doubled. Unless congress takes action upon returning from summer recess, those rates will stick for any student taking out a loan after July 1st of this year. As WEMU's Bob Eccles reports, eastern Michigan University officials hope congress will return loan rates to lower levels but, either way, will be there to provide counsel to students.