Student loan debt is approaching the $1.5 trillion mark.
The income-based repayment plan that lets borrowers pay back student loans based on their salaries is in jeopardy. The problem? The program proved too popular.
About 1 in 10 student loan borrowers default on their student loans.
Roughly 1 in 10 student loan borrowers end up in default on their loans. A scholar of higher education offers tips on how to make that less likely.
Left: Robert Smith. Right (clockwise from left): Beyonce Knowles-Carter, Jay-Z, LeBron James and Nicki Minaj.
Reuters, USA Today
A recent gift by billionaire Robert Smith to pay off the student loans of 2019 graduates of Morehouse points to the potential of America's black elite to pay off all black students' college loans.
New debit cards being issued by the U.S. Department of Education could be used to track student spending.
A new debit card being issued to federal student loan borrowers on a trial basis may save them time and money, but it could also enable a bank to study their spending to sell them more products.
Students from 2015 graduating class of Texas Southmost College.
Despite good intentions, efforts to hold colleges and universities accountable often miss the mark. The reasons why range from politics to resistance among the institutions themselves.
The storm clouds above South Africa’s universities could be dissipated with careful fiscal planning.
Alternative scenarios for tertiary funding in South Africa are set out in a completely separate report from the Davis Tax Committee drawing from work done by the higher education department.
The proposed tax bill could make higher ed even less affordable.
AP Photo/Rich Pedroncelli
Republican lawmakers say the proposed changes to the tax code would 'streamline' higher ed benefits. But this overhaul would squeeze many, if not most, students and schools.
How can we help the tens of thousands of college students who have been defrauded?
Students across the country have been defrauded by for-profit schools. Fine print in their enrollment contracts has stopped them from bringing their cases to court, but new rules could help.
Betsy Devos has been busy advancing a conservative education agenda since her confirmation earlier this year.
AP Photo/Jacquelyn Martin
From student loans to Title IX, Betsy DeVos has had a busy six months in office. But despite numerous reversals of Obama-era guidelines, little has come in the way of tangible policy.
Has student debt changed because the purpose of education has changed?
John Collier/Library of Congress, Ermolaev Alexander/Shutterstock.com
About 44 million Americans are still paying off student loan debt. But it didn't always used to be this way. As the perceived purpose of a college education changed, so too did the way we pay for it.
Is the sky really the limit when you’re from a poorer background?
The current system disproportionately limits opportunities for young people from low-income backgrounds.
Women are likely to be disproportionately affected by the new VET student loan scheme.
Placing greater control over student fees will not lift the quality of student outcomes and ensure the integrity of the qualifications issued.
Tanzania’s government is spending money on students who don’t exist.
Tanzania's government has uncovered evidence of 2 000 "ghost" students who are fraudulently obtaining loans. This costs the country and other students dearly.
Both major parties support lowering the repayment threshold for student loans.
The threshold for paying back student loans will vary depending on which party wins the election.
A cap is a sensible option, but it must form part of a total redesign of the VET financing system.
Loan caps are only a partial solution to a much bigger problem – declining public investment in VET and a dysfunctional VET financing system, which neither side of politics has been willing to address.
What is the best HELP repayment option for all graduates?
Combining a lower repayment scale with a super option would allow for earlier repayment of HELP loans and greater flexibility for graduates to manage living expenses early in their careers.
$4 billion of student loan debt is likely to never be repaid by 2025.
Academic experts respond to the latest report by the Parliamentary Budget Office on the impact of student loans on the budget.
Should we lower the threshold at which graduates repay their university debt?
A new report has called on the government to lower the threshold at which university graduates repay their debt from $54,126 to $42,000. But is this fair on students?
Is Education Minister Simon Birmingham right to say Australia runs one of the most generous student loan schemes in the world?
AAP Image/Mick Tsikas
Simon Birmingham, Minister for Education and Training, said this week that Australia runs one of the most generous student loan schemes in the world. Is that right?
Debt lost from graduates working overseas is estimated to cost the taxpayer around $30m a year.
Australians who live in another country for more than six months will now have to pay back their student loans.