Two experts in higher education policy explain the high hurdles that must be cleared to use bankruptcy to escape crushing student loan debt.
West Texas A&M University Walter V. Wendler stands alongside the SUV he drove on a speaking tour to urge Texas high school students not to borrow too much for college.
West Texas A&M University President Walter Wendler set out to visit high school students throughout the Texas Panhandle and the South Plains with a simple message about student loans.
African Americans take on greater debt than whites to earn an advanced degree. Does the payoff make it worth it?
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Tailored strategies to address students’ finances, academic success and socio-emotional connections with an institution or program can help keep students in school.
Student loan debt is approaching the $1.5 trillion mark.
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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.
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.
Despite the headline cut in fees, under the Augar review, students would on average be paying more.
New research uncovers problems with a ‘calculator’ that colleges must put online to make it easier for prospective students to understand the cost of college.
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While net price calculators are meant to help students figure out how much a particular college will cost, a new study reveals that many colleges’ calculators distort the true cost of attendance.
Student debt has surpassed $1.5 trillion.
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Through “risk-sharing,” colleges could be on the hook to help pay back student loans if too many students default. A scholar who studies the ethics of debt examines how risk-sharing could backfire.
Millennials carry more student loan debt than previous generations.
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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.
Many of Education Secretary Betsy DeVos’ policy proposals have failed.
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Although many feared that Education Secretary Betsy DeVos would destroy public education, a review of the past two years shows that much of her policy agenda has failed.
Public Service Loan Forgiveness can be difficult to get if you don’t know the rules.
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A higher education professor explains the complex rules behind Public Service Loan Forgiveness, a program meant to provide debt relief to student loan borrowers who went into public service jobs.
High student debt levels and low salaries can make it difficult for graduates to get ahead.
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In order to avoid colleges where graduates owe so much and earn so little that they can hardly pay back their student loans, students should ask these key questions about any college they plan to attend.
Financial aid would be doled out differently under the proposed PROSPER Act.
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The proposed PROSPER Act would change the way student financial aid is doled out and how student loans are paid back.
David Willetts, who now sits in the House of Lords, was the former minister for universities in the coalition government.
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As a minister in the coalition government, Willetts introduced £9,000 tuition fees. In an interview as he publishes a new book, he says the system is well-designed and fair.
The storm clouds above South Africa’s universities could be dissipated with careful fiscal planning.
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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.
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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.