National News

09
Aug
New Study Shows Political Divide on What’s Wrong With Higher Ed

A recent study from Pew Research Center found that Republicans and Democrats remain divisive over higher education issues. With 61 percent of Americans viewing U.S. higher education going in the wrong direction, Republicans and Democrats are divisive on the reasons why.According to a new Pew Research Center survey, almost three-quarters (73 percent) of Republicans and

Posted in: National News, Student Loan News,
03
Aug
Online Tool Aims to Take the Mystery Out of College Planning

The Education Finance Council's new online tool helps connect students with lower-cost state-based or nonprofit loans. The Education Finance Council has unveiled an online tool designed to assist families with saving, planning for, and paying for their college education.ForYouNotForProfit.org provides content, tools, and tips for students and their families. It teache

Posted in: National News, Student Loan News,
02
Aug
College Students Worry About Paying for Course Materials, Survey Shows

A recent survey of college students found that buying source materials, including textbooks, is one of the biggest stressors. The second-biggest financial stressor for college students, right after paying for tuition, is buying the source materials they need for their classes, according to a Morning Consult survey which was done at the request of Cengage. Cengage [&he

Posted in: National News, Student Loan News,
01
Aug
DeVos Proposes Cutting Student Loan Forgiveness by $13B

New guidelines proposed by Education Secretary DeVos would make it harder for students to get their loans forgiven. The Trump administration proposed new guidelines in July that would make it more difficult for students to get student loan forgiveness even from schools that have allegedly defrauded them.Education Secretary Betsy DeVos highlighted the proposed changes,

Posted in: National News, Student Loan News,
31
Jul
Students Who Need Financial Aid the Most Forgo the FAFSA, Report Finds

According to Brooking Institution's data, many students eligible for financial aid did not even complete the FAFSA. Many students are missing out on money for college, a recent study showed. For the Free Application for Federal Student Aid (FAFSA), the June 30 final deadline is past, and many students who are eligible for aid did not […]

Posted in: National News, Student Loan News,
30
Jul
Colleges Ask for Future Shares of Income Instead of Tuition

Income Share Agreements, where a graduate pays back a share of their post-grad salary, are becoming increasingly popular.Instead of requiring students to pay up front for tuition, some colleges are asking for a percentage of their future salaries. The arrangement is intended to help students avoid going into debt to pay for college.Norwich University in […]

Posted in: National News, Student Loan News,
25
Jul
College Graduates Trading Dream Careers to Make Student Loan Payments

A study conducted by American Student Assistance found that more graduates are factoring student debt into their career choices.With seven in 10 college graduates owing on student loans after they get their diplomas, many graduates are finding how much they owe is a driving force in their job selection. A study from a nonprofit group, American […]

Posted in: National News, Student Loan News,
24
Jul
Parents Take On More Student Loan Debt to Pay for Their Kids’ College

Recent findings have shown that parents are taking on more and more student loan debt to help pay for their kids' education. With America’s student loan debt at $1.5 trillion, even parents are finding themselves deep in debt.From a new analysis of federal loan data, The New York Times reported that the average debt load for […]

Posted in: National News, Student Loan News,
16
Jul
Students Paying More for College But Aren’t Sure It’s Worth It

A survey conducted by Ascent Student Loans found that some student loan borrowers are questioning the value of their education. A countrywide survey set up by Ascent Student Loans has revealed students are paying more for their college educations than they anticipated. Furthermore, they don’t think their education is paying off as much as the price […]

Posted in: National News, Student Loan News,
13
Jul
Study Reveals Borrowers Who Repay Their Student Loans Do So Early

A research report by the Bureau of Consumer Financial Protection found that large payments could be the key to paying off student debt.After years of making payments on their student loan debt, most borrowers who pay off their loans typically end this journey with a lump sum payment, according to a recent study by the […]

Posted in: National News, Student Loan News,