With HELP debt likely to increase to A$75 billion in 2020, research from the US shows offering students financial literacy courses may be a gentler way to combat student debt.
Senators should consider how repayment thresholds vary depending on family circumstances, the impacts on taxes and how long students will be saddled with debt.
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.
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.
More than half of American families aren’t able to save a dime to cover the cost of college, and the 529 college savings plan has done almost nothing to change that.
About 10 million borrowers in the government’s main student loan program are struggling to make their payments, yet unlike other types of debt, it’s next to impossible to have it forgiven.
In income share agreements, students agree to pay a percentage of their future income to a private company or lender in exchange for additional money to cover college expenses. Are they for everyone?