Student Loan News

25
May
New US Household Economic Report Offers Insight on the Cost of College

The Federal Reserve examined the U.S. household economic well-being for 2017 and released the results this month. The section on higher education shines some light on statistics about college as well as the value of a college education. Is College Worth It? The cost of college has risen increasingly in recent years, but it’s a cost many adults […]

Posted in: National News, Student Loan News,
24
May
Ohio Bill Would Create a Tax Credit to Help Pay for College

For Ohio college students and families, the price of tuition may soon become more affordable. On May 17, Ohio state Rep. Dan Ramos (D-Lorain) introduced new legislation, the Ohio Lets Everyone Achieve Right Now (LEARN) tax credit, targeted at reducing the cost of higher education. The tax credit is intended to cover 90 percent of […]

Posted in: Regional News, Student Loan News,
22
May
Law Enforcement Officers Get a Tuition Break at These Schools

Georgia Military College commemorated Peace Officers Memorial Day on May 15 by honoring fallen officers and announcing a new tuition discount for any law enforcement officer who wants to attend the college. Officers will get a 10 percent discount on their tuition at the college, which also includes its online courses, WMAZ reported. There have already […]

Posted in: Regional News, Student Loan News,
19
May
Federal Student Loan Rates Are Going Up – Here’s What to Expect

Beginning this fall, college students should expect to pay more on their student loans – interest rates are expected to rise. Students will see interest rates on their federal student loans rise by over half a percent thanks to the May 9 Treasury Department 10-year note auction, according to The Washington Post. Why exactly? Since the […]

Posted in: National News, Student Loan News,
17
May
How Teens Can Save for College Despite a Tougher Summer Job Market

While unemployment sits at a 17-year low, teen workers might have a hard time appreciating this as they try finding summer jobs this year. American teens aged between 16 and 19 years old added almost 1.3 million jobs during May, June, and July in 2017, according to the U.S. Bureau of Labor Statistics. This was […]

Posted in: National News, Student Loan News,
16
May
CFPB to Fold Watchdog Office That Oversees Student Loans

Student loan borrowers may soon have one less resource for help. The Consumer Financial Protection Bureau (CFPB) recently announced plans to downsize its Office of Students and Younger Consumers division – a part of the CFPB involved in oversight of the student loan industry. This division focused on protecting student loan borrowers from debt collectors, […]

Posted in: National News, Student Loan News,
15
May
Investigations into For-Profit Schools Sidelined by Department of Education

During the Obama administration, a team was put in place to investigate alleged cases of abuse by for-profit colleges. But this team has been largely sidelined and instructed to focus on other projects, sources told The New York Times. This has put an end to many large-scale investigations, including one involving the DeVry Education Group. Last […]

Posted in: National News, Student Loan News,
15
May
Chicago Community College Enrollment Drops While Tuition Goes Up

Enrollment at several Illinois community colleges is at an all-time low. At the same time, the cost of tuition has gone up. In 2017, seven suburban community colleges reported a combined total of 60,177 students. This is a 9 percent drop from their combined average over the past 10 years. Tuition and fees were 14.3 […]

Posted in: Regional News, Student Loan News,
12
May
Many Teachers Struggle with High Student Loan Debt

Teachers have a lot of challenges to overcome aside from educating the next generation. Most deal with a serious lack of funding, and their yearly pay is often low in comparison to the workload. And increasingly, many teachers are dealing with crushing student loan debt. On average, tuition continues to rise every year. At the same […]

Posted in: National News, Student Loan News,
12
May
Oracle Acquires Vocado, Aims to Streamline Financial Aid for Borrowers

According to a recent press release, the cloud software service company Oracle announced the acquisition of Vocado, a software company that focuses on improving the student loan and financial aid process. More specifically, Vocado will join the Oracle Student Cloud – a software suite that focuses on higher learning and is Oracle’s next-generation, cloud-based s

Posted in: Industry News, Student Loan News,