Contract losses have sent Blackboard’s revenue and earnings sliding, according to people with knowledge of the matter, making it harder to carry more than $1.3 billion of rated debt. More...
Who shoulders most of nation's $1.4 trillion in student debt? Women
Women owe about $890 billion of the country's $1.48 trillion student loan debt, nearly double the $490 billion owed by men, placing them at a financial disadvantage as they begin their careers, according to a recently released report from the American Association of University Women (AAUW). More...
UK student satisfaction continues to fall amid debt and strikes
The national student survey (NSS), which recorded the views of 340,000 people studying at 400 universities and colleges across the UK, found 83% were satisfied with their course, below the 84% recorded in 2017 and 86% in 2016. More...
Student loan repayment income 'undervalued by £600m'
A clash between the Department for Education and the Treasury over how to value the government’s student loans portfolio may have led to more than £600m in income from future loan repayments being overlooked, the National Audit Office (NAO) has warned. More...
Student loans: use of RPI costs graduates up to £16,000
Graduates with student loans in England are saddled with up to £16,000 more debt because of the government’s use of an unreliable inflation measure to set interest rates, according to research from the House of Commons library. More...
Democrats Want IRS to Clarify Student Debt Relief Won't Be Taxed
By Andrew Kreighbaum. Washington Senator Patty Murray and Oregon Senator Ron Wyden, both Democrats, asked the IRS and Treasury Department in a letter this week to clarify that student loan relief issued to former Corinthian Colleges students should not be taxed. More...
Trump Administration Backs Off Reshuffling of Student Debt Collection
By Andrew Kreighbaum. An Education Department plan to begin cutting large debt collection firms out of the student loan system is on hold after Congress warned against move. More...
Court Tells Department of Ed to Stop Debt Collections for Defrauded Borrowers
By Andrew Kreighbaum. A federal district court this week ordered the Trump administration to halt collections on loans held by former Corinthian Colleges students while it sorts out the legality of a system to provide partial debt relief to borrowers who were defrauded or misled by their institution. More...
Employment and Debt of 2008 College Graduates
By Doug Lederman. Four of every five students who earned bachelor's degrees in the teeth of the Great Recession were employed and/or still enrolled in postsecondary education four years later, a new federal study shows. The study, from the Education Department's National Center for Education Statistics, examines how students who graduated college in 2007-08 and were tracked in the Baccalaureate and Beyond Longitudinal Study were faring in 2012. More...
Crushing Student Debt for $400, Alex?
By Emma Whitford. TruTV's new game show Paid Off gives players a chance to pay off student loans, calls on Congress to find "a better solution than this game show." More...