By Ashley A. Smith. Facing increasing student loan default rates, Indiana's community college system has focused on helping students with their financial literacy. More...
22 mai 2018
21 mai 2018
Trump Administration Shuts Consumer Agency's Student Loan Arm
By Doug Lederman. The interim head of the Consumer Financial Protection Bureau announced a reorganization Wednesday that will eliminate the separate arm that focused on the interests of students and other young Americans. The Office of Students and Young Consumers had actively and aggressively policed the student loan industry and monitored credit card companies and other financial institutions that serve -- or target -- college students and other young people. More...
21 mai 2018
2018’s Cities with the Most & Least Student Debt
Techno-News Blog. Student-loan debts are more unsustainable in some places than others. WalletHub therefore compared the median student-loan balance against the median earnings of adults aged 25 and older with a bachelor’s degree in each of 2,515 U.S. cities to determine where Americans are most overleveraged on their college-related debts. More...
9 mai 2018
An unsustainable model? Not to these donors doubling down on residential colleges
With the American higher education system besieged by rising costs, escalating tuition, and a metastasizing student loan crisis, many experts are arguing for more affordable and accessible approaches to post-secondary education. More...
8 mai 2018
‘It’s a hidden nasty’: Parents in dark over need to top up student loans
How many parents realise that if their child goes to university, the government expects them to stump up thousands of pounds a year on top of the debt their offspring will incur from loans. More...
7 mai 2018
Generation debt: UK ‘below average’ at teaching financial literacy
Personal debt has reached record levels in the UK. Latest statistics show that people in the UK owe £1.58 trillion. This is up from £1.53 trillion in 2017. This means on average that each adult owes an extra £1,169.92 in 2018 compared with 2017. The findings also show that the average total debt per household – including mortgages – is just over £58,000. More...
7 mai 2018
Loan Refinancing Site Admits 'Founder' Is Fake
By Greg Toppo. The revelation comes courtesy of The Chronicle of Higher Education, which reported on Tuesday that after it spent more than a week trying to verify Cloud’s existence, the company that owns the Student Loan Report admitted that Cloud was fake. More...
7 mai 2018
Decreasing Defaults in Indiana
By Ashley A. Smith. Community colleges faced with negative perceptions over loans and a growing number of borrowers defaulting are facing pressure to provide better financial literacy education to their students. For many community colleges, only a small minority of students borrow, however, a high rate is problematic to the borrowers and the college. More...
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