By Susan M. Dynarski. Are lower interest rates the best route to a fairer, more effective student loan program? From the rhetoric heard in Congress and on the campaign trail, the answer appears to be “yes.” But both empirical evidence and economic theory show that lowering interest rates is a blunt, ineffective, and expensive tool for increasing schooling and reducing loan defaults. More...
Education Dept. Plans Single Web Portal for Student-Loan Servicing
By Fernanda Zamudio-Suaréz. The U.S. Department of Education plans to streamline student-loan repayment by introducing a single web portal for borrowers, the department announced on Monday. More...
Graduate debt ‘higher in England than in US’
By John Morgan. Sutton Trust report warns that finding is ‘cause for concern’. More...
College students talk debt, tuition troubles at roundtable
Submitted by Stefanie Botelho. Four college students rattled off the amount of debt they had racked up: $25,000; $34,000; $44,000 and $47,000. More...
Educational default
Submitted by Stefanie Botelho. The vast majority of young Americans are starting life after college in a financial hole, while higher education and our government do the minimum in terms of educating them about personal finance issues. More...
A new vision for serving student loan borrowers
Submitted by Stefanie Botelho. For Sarah, streamlining student loan repayment for easy access to affordable repayment plans is critical. More...
Student Loans of North Dakota to transfer portfolio to Great Lakes
What the great degree rip-off means for graduates: low pay and high debt
By . I warned that students were being misled and was rebuked but it was true. Ministers owe them and me an apology. More...
Higher education policies could result in big increase to federal debt: experts respond
By , , and . The government’s proposed policies to make subsidy cuts to higher education and allow universities to set their own fees will result in big increases to federal debt, warns a report released by the Parliamentary Budget Office (PBO). More...