Prospective college students who have filled out their applications for federal student aid (the application known as the FAFSA) should now be receiving information about their financial aid packages for the upcoming school year.
College financial aid packages usually contain a combination of ... Views: 1219
For high school students who are on the hunt for ways to reduce the cost of a college education, your local community college may look like a way to keep your expenses down and avoid the crush of debt from school loans.
In fact, many financial advisers recommend that, if you’re a ... Views: 1662
For the majority of students, college loans are part of the reality of higher education. Two-thirds of bachelor’s degree students who graduated in 2007–08 left college with debt from school loans, and their average student loan debt load was $23,186, according to FinAid.org.
Keeping track of ... Views: 2089
For college students who are approaching graduation, the employment picture may be looking slightly better than it has in the past couple of years, as the country slowly recovers from the Great Recession. This recovery doesn’t mean, however, that job prospects are rosy; it just means that new ... Views: 1182
A new report issued in January by the National Consumer Law Center accuses for-profit colleges of saddling their students with unregulated private-label student loans that force these students into high interest rates, excessive debt, and predatory lending terms that make it difficult for these ... Views: 1527
Updated statistics released by the U.S. Department of Education show that student loan defaults are rising.
According to the latest figures, the default rate for federal student loans that entered repayment in 2008 is 13.8 percent, up 2 percent from the default rate for federal ... Views: 1277
A study conducted by researchers at Rice University and the University of Wisconsin and published in the December 2010 issue of the Journal of Family Issues concludes that college students whose parents are divorced or remarried receive less financial support from their parents than do students ... Views: 1516
The National Health Service Corps is accepting applications from primary medical care professionals who are willing to work in underserved areas in exchange for a reduction in their student loan debt.
Through the NHSC student loan repayment program, you can receive up to $60,000 toward the ... Views: 1372
According to a new report issued by the College Board, students from families whose median annual income falls between $60,000 and $90,000 leave school owing about $35,000 in student loans, compared to students from lower-income families, who graduate with about $25,000 in student loan ... Views: 1477
The Project on Student Debt, an initiative sponsored by the Institute for College Access & Success (ICAS), has released its fifth annual report on the extent of student loan debt in the United States. The report examines student loan debt nationwide and on a state-by-state basis.
According to ... Views: 1596
The U.S. Department of Education issues federal parent loans — known as PLUS loans, for parents of undergraduate students — designed to help families pay for college.
PLUS loans, like federal student loans, are fixed-rate college loans. They carry a slightly higher interest rate ... Views: 1387
Student Voters Look to Candidates for Answers to Crisis in Student Loans and College Affordability
With problems growing in the student loan industry, spurred both by an ongoing credit crunch with its roots in the subprime mortgage crisis and by congressional legislation that cut subsidies to ... Views: 2116
Several schools are seeing a record-breaking number of college applications this year, The New York Times reported today, with the competition for open spots more fierce than ever. An increased demand for admission can mean increased demand for financial aid, so if you need money from grants and ... Views: 2823