The UK Government’s green paper Teaching Excellence, Social Mobility and Student Choice from November 2015 includes a section on Alternative Finance (pp.40-41) and proposes a Sharia-compliant loan to parallel the standard income-contingent loan. More...
Colleges and universities have for years used cohort default rates (CDRs) to evaluate how affordable their schools are and how well their students do once they leave campus. More...
The world is not lacking for reports on how to restructure the federal student financial aid programs. But here's a new one to chew over, from the Urban Institute and its researchers Sandy Baum and Martha Johnson: "Strengthening Federal Student Aid." Read more...
Alors que la dette de l'assurance-chômage devrait atteindre 29,4 milliards d'euros en 2016, la Cour des comptes suggère, dans un rapport, de réduire l'indemnisation des chômeurs, posant ainsi la question de la "soutenabilité du régime". Diminuer les allocations chômage, revenir sur le principe "un jour côtisé/un jour indemnisé, faire passer la durée maximale d'indemnisation de 3 ans pour les chômeurs de plus de 55 ans (50 ans actuellement) sont quelques-unes de leurs préconisations. Voir l'article...
By Stefanie Botelho. Governor Andrew M. Cuomo today announced that New York State will begin accepting applications for the new ‘Get On Your Feet’ Loan Forgiveness Program Thursday, Dec. 31. First announced as part of Governor Cuomo’s 2015 Opportunity Agenda, the program offers up to 24 months of federal student loan debt relief to recent college graduates living in the State. More...
By Tim Goral. From 2000-2014, outstanding student loan debt nearly quadrupled to $1.3 trillion. Today, the average student borrower owes more than $26,000, a sharp rise since 2000 and a direct reflection of states like Missouri that fall short in their obligation to adequately fund higher education. More...
The U.S. Supreme Court on Monday declined to hear a case on whether people declaring bankruptcy should have an easier time erasing student loan debt in the process, The Wall Street Journal reported. Read more...
By Beth Akers. Over the last 20 years, published tuition and fees have more than doubled at four-year public institutions, and have increased by more than 50 percent at private four-year and public two-year colleges. This rate of increase has not been seen in any other sector of the economy. Some of this is mitigated by the fact that schools have increased grant aid at the same time, but there is no question that the cost of college is trending steadily upward (even after accounting for inflation). More...
A student loan loophole allowing people to leave their debt unpaid while living overseas has now been closed, with the hopes of recouping an estimated A$30 million (US$21 million) annually, writes Cayla Dengate for The Huffington Post Australia. Read more...
Higher Ed Tech News and Research ~ Ray Schroeder, editor. Ask an adult what they wish they understood more clearly before heading into the real world, and many will answer how to better manage household finances. A quick glance at Americans’ collective debt, which totals more than $11.52 trillion, proves that there are lessons to be learned. More...
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