(Source: By Ben Wolfgang The Washington Times) – As if rising tuition costs weren’t enough, many college students could soon face higher interest rates on their student loans, another potential aftershock of last week’s U.S. credit downgrade by Standard & [...]
(Source: LJ World By Andy Hyland) – Ian Hrabe remembers the phone calls. They started cordially, but got nastier and nastier, until finally the student loan company was calling at 7 a.m., demanding payment on its loan.
NEW YORK (Source: MainStreet By Seth Fiegerman) — The country may still be grappling with the aftermath of the housing bubble’s burst, but one recent report suggests a different bubble may be looming on the horizon: student loans.
(Source: MorpethHerald) – Many graduates are unlikely to ever pay back their tuition fee loans, regardless of the cost of their course, it has been suggested.
(Source: By Gail MarksJarvis Chicago Tribune) – Students preparing to go to college this fall might be preoccupied with choosing a computer or shopping for sheets that fit a dormitory bed.
(Source: Joongang daily) – Chang Yu-ri, a second-year college student studying at a high-ranking private university outside Seoul, is frequently squeezed for cash these days.
(Source: Bio Edge by Jared Yee) – Kidney donors should be paid £28,000 for their organs, says an academic who claims the move could help students pay off their university debts. In a comment published online at BMJ.com, Dr Sue [...]
(Source: Huffington Post) – The Kentucky Attorney General filed suit Wednesday against a chain of for-profit colleges in the state, claiming that administrators at Daymar Colleges have consistently deceived students by making false promises about the ability to transfer course [...]
(Source: Chicago Tribune Gail MarksJarvis) – As you are preparing to go to college this fall, you might be preoccupied with choosing a computer or shopping for sheets that fit a dormitory bed.
(Source: Forbes) – The competing deficit reduction/debt ceiling increase plans proposed by House Speaker John Boehner (R-Ohio) and Senate Majority Leader Harry Reid (D-NV) would both cut off subsidized Stafford student loans for graduate and professional students.
PROVIDENCE, R.I. (Source: The Republic DAVID KLEPPER) — Rhode Island nursing students who stay in the Ocean State after graduation are now eligible for four years of zero-interest student loans.
(Source: Bloomberg By Sarah Mulholland) – A cut in the U.S. government’s AAA grade could force investors to sell asset-backed securities tied to student loans, causing spreads to widen “significantly,” according to Citigroup Inc.
(Source: Bloomberg BusinessWeek) – Rhode Island will offer nursing students zero interest student loans if they agree to work in the state after graduation.
(Source: Higher Ed Watch Stephen Burd) – Starting Thursday, there will be, for the first time, a single federal agency in charge of regulating private student loans. The new Consumer Financial Protection Bureau (CFPB) replaces a patchwork of government agencies [...]
(Source: Yes Weekly By Keith Barber) – Despite growing up poor on Barney Avenue in Winston- Salem’s Southside neighborhood, James “Scooter” Scott was determined to become the first person in his family to go to college. Considering the seemingly insurmountable [...]
(Source: Santa Maria Times) – Equal access to a high-quality education is the foundation for success, both for our kids and for our country.
(Source: FinancialPost Special Post) – I worked it out: I pay $250 per month on a $33,000 student loan.
(Source: Source: The Boston Globe Cheryl Cost) – That’s a question I often hear from parents as they figure out how they and their children will pay for college — and its a great question to be asking. Many parents [...]
(Source: Seeking Alpha) – As I stated in my previous column about student loans, America is experiencing a bubble in higher education. Universities across America will be victim to severe cutbacks, declines in enrollment, and student loan defaults. For-profit colleges [...]
(Source: Island Packet BY ALLYSON BIRD) – Maurice Rowlin went to college more than 25 years ago, but his unpaid student loans continued to accrue interest.
(Source: FinancialPost) – Readers blog about their pursuit of higher education in response to the Financial Post’s series of stories on student debt:
(Source: Smart Money) – As more than a few members of the class of 2011 resettle into their childhood bedrooms, many parents are wondering, “How can I help?” There are plenty of ways, but a series of new tax laws [...]
(Source: Credit Union Times By Natasha Chilingerian) – The popularity of Sallie Mae’s Smart Option Student Loan referral program has increased significantly among credit unions since its inception. About 500 credit unions are now participating in the program, which allows [...]
(Source: Business Insider) – Few commentaries here at Sense on Cents have received as much attention as that which I wrote a few months ago highlighting issues within the student loan market and questioning the value and integrity of higher [...]
(Source: US News) – As college costs continue to rise, and in an economic climate where family incomes are suffering, more and more students must borrow in order to gain access to higher education. The result is that an increasing [...]
WASHINGTON (By Virginie Montet (AFP)— The spectacular rise in US college tuition fees is becoming a serious problem for students and many American families as they grapple with the worst economic crisis since the 1930s.
(Source: Press Citizen) – Last week, Iowa Sen. Tom Harkin and the other Democrats on the Senate Health, Education, Labor and Pensions Committee heard horror story after horror story about how for-profit colleges and education companies were targeting at-risk populations, [...]
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