Alex Kenjeev: Paid Off $114,460 Of Student Loans In Cash

student pays off loan in cash

Who loves student loans!!! Anyone… anyone at all? Didn’t think so. Well Alex Kenjeev did like them either. Who’s Alex Kenjeev you ask? Enter Alex Kenjeev Alex Kenjeev is just your everyday average BAMF. Alex in 2009 graduate from the University of Toronto with his law degree (first bad ass accomplishment). Alex Kenjeev’s second bad ass achievement happened last week. What did Alex Kenjeev do? Nothing much, just paid off his remaining $114,460… Read More

The Other Student Loan Problem: Too Little Debt

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LONG BEACH, Calif. — Jesse Yeh uses the University of California-Berkeley library instead of buying textbooks. He scrounges for free food at campus events and occasionally skips meals. He’s stopped exercising and sleeps five to six hours per night so he can take 21 credits – a course load so heavy he had to get special permission from a dean. The only thing he won’t do: take out a student loan. “I… Read More

College Debt Threatens the Hopes Of Minority Students

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Our country is facing a perfect storm of rising college costs, student debt and growing inequality.  While the costs will be significant for an entire generation of students, they will be particularly high for Black and Hispanic graduates struggling to create a more prosperous future. Here’s why: The odds of paying off college debt are much tougher for minority graduates, particularly Black men, who face far higher unemployment than their White counterparts…. Read More

Student Loan Debts To Exceed $1 trillion

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[UPDATED] USA Today says that at some point this year, student loan debt will exceed $1 trillion, surpassing even credit card debt. Felix Salmon says the number is closer to $550 billion. Either way total student loan debt is rising as other debts have tailed off. Delinquency has increased, too, since the height of the financial crisis. It’s a huge mess. Some people have noticed that “student loan debt” comes up a… Read More