student loans

Growth Rate of Student Loan Debt Doubles During Coronavirus Pandemic

The rate by which student loan debt grows has doubled since the Chinese coronavirus pandemic started, reaching record-high levels. Experian found that most of the new debt can be federal loan payment pause, a coronavirus relief measure that appears to have incentivized consumers not to pay off their existing debt while they borrow more money.

An employee at a money changer counts USD 100 bills in Manila on October 25, 2012. AFP PHOTO/NOEL CELIS

Grads Turn to ‘Sugar Daddies’ to Pay Off Student Loans

Students and fresh grads from around the country are entering into sexual relationships with older benefactors in order to pay off their student loans. One website that facilitates the arrangements claims to have more than 4 million students on its platform.

Woman applying lipstick