By Andrew Kreighbaum. Private-sector companies say they're ready to expand footprint in student loan market (again) as they push for new caps on federal lending to graduate students. More...
New U.S. Approach on Delinquent Borrowers
By Andrew Kreighbaum. The Department of Education told a federal judge Thursday that it would terminate a January contract award to two debt collection firms as it reassesses its strategy for serving borrowers in default on their federal student loans. More...
Pentagon on PROSPER
By Andrew Kreighbaum. As Republicans seek support for their controversial legislation to update the Higher Education Act, a Pentagon document gives ammo to critics over the bill's plan to end Public Service Loan Forgiveness. More...
Impact of Graduating With Debt as Recession Hit
By Scott Jaschik. Graduating from college in 2007-08, just as the recession hit, was particularly challenging. A new study by RTI International for the National Center for Education Statistics shows how much more difficult it was for those with student debt than for those who didn't have such debt. More...
Moody’s Downgrades Blackboard Debt, Focuses On Learn Ultra Delivery
By Phil Hill. In Spring 2015 Moody's affirmed their B2 rating for Blackboard's nearly $1.4 billion in debt as part of the company's acquisition of Schoolwires, with a negative outlook for the ratings (meaning there was risk of a further downgrade). Three weeks ago, that downgrade took place. More...
Is Pa. doing enough to help students, parents with college debt?
The Pennsylvania House unanimously passed legislation last week to require colleges to give students annual notices explaining how much debt they are accumulating while in school. More...
EIU opposes proposed Ill. bill on student debt
Students who owe money to public universities and community colleges in Illinois would not be prohibited from registering for classes under a proposed measure, and local higher education officials are worried. More...
An international final four: Which country handles student debt best?
Although an American college degree remains a good investment on average — the higher earnings for most graduates justify the cost — millions of borrowers are in default on their loans. More...
Ministers under fire as student loan interest hits 6.3%
Ministers are facing renewed criticism over university funding after an increase in student loan borrowing costs using a “flawed” measure of inflation. The interest rate on loans for students in England, Wales and Northern Ireland will rise by up to 6.3% from September, up from the current 6.1% for anyone who started studying after 2012. More...
Student nurses face financial hardship over loan error, says nursing body
Student Loan Company halts or cuts funding for 800 in England and Wales after overpayments. More...