The Government’s Autumn Statement confirms the availability of £10,000 loans for students under 60 wanting to take masters degrees from 2016-17. HEFCE welcomes the introduction of the loans and looks forward to working with the Government to review how they affect participation at masters level. More...
ACE, on behalf of 53 higher education organizations and 535 colleges and universities, sent a letter to congressional leaders Friday requesting a one-year extension of the Perkins Loan Program, which expired on Oct. 1.
Approximately 1,500 institutions participate in the program, which is targeted at students with exceptional financial need. Last year, over 500,000 students borrowed an average of $2,000 in Perkins loans. More...
By Matt Zalaznick. Community college students who take out the smallest loans default at the highest rates, and many borrowers who get into trouble make no effort to fix their problems. More...
By Stefanie Botelho. Abigail Anderson had it all figured: With multiple loans, a work-study job and scholarships, she could pay for Immaculata University for all four years. More...
By Andrea Bellemare. Arman Aryapour wants to help university students in Ontario pay back their student loans by providing them with a place to live while they're completing their undergraduate degree, and then giving them back half of their rent money upon graduation. Read more...
By Staff. Student loans by the numbers from the 2013-14 school year:
By Rob Carrick. In the United States, student debt totals an astronomically high $1.2-trillion (U.S.) and plagues some people all through their working lives and into retirement. Student debt is a serious issue in Canada, but we could at least take comfort from the fact that we weren’t nearly as badly off as Americans. Read more...
Companies hired by the U.S. Department of Education to collect federal student loan payments made “deceptive” statements to borrowers, according to the Consumer Financial Protection Bureau. Read more...
By Claire Shaw. University graduates who move overseas for more than six months will now have to pay back their student loans. Read more...
By Helena Horton. An academic has said the Government should create incentives for young people through a minimum living wage so they carry out entrepreneurial work and aren't afraid to fail. Read more...
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