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Student loan borrowers would have their monthly bills automatically deducted from their paychecks if a Republican-backed proposal becomes law.
The Indiana Department of Health is hoping to entice mental health care professionals to work in rural and opioid-stricken counties in the state by offering to help pay their student loans.
The student loan industry is booming, saddling over 37 million college students and graduates with $1.08 trillion in loans in 2013, even as President Barack Obama and lawmakers work to rein in the crippling debt young people face in the US.
Are you caught in the payday loan trap? Each week or month, you take out a payday loan to meet expenses. But after you pay back the loan, once again, you are out of money. So you take out another payday loan, and the cycle continues.