Eleven state attorneys general on Tuesday urged the U.S. Department of Education to seek their input as it develops a process for discharging federal loans for students who attended colleges that defrauded them. Read more...
24 août 2015
24 août 2015
Questioning Loans
By Ashley A. Smith. Another federal agency is launching an investigation into how a for-profit institution provided private student loans. Read more...
24 août 2015
New Debt Relief Rules Coming
By Michael Stratford. The Obama administration is planning new regulations that will set clearer standards for discharging the federal student loans of defrauded borrowers and give the U.S. Department of Education new tools to recoup money from colleges where it finds misconduct. Read more...
24 août 2015
Education Dept. Reports Increase in Borrowers Using Income-Based Repayment
By Andy Thomason. There has been a large increase in the number of borrowers enrolling in income-based student-loan repayment plans, according to statistics released by the U.S. Department of Education on Thursday. The spike follows an effort by the Obama administration to better publicize the option. More...
24 août 2015
Half of post-secondary students worried about debt after graduating: poll
Worry over tuition and living expenses is dogging almost half of post-secondary students as they head back to school. They're also afraid they won't be able to pay back debt once they graduate because they're concerned about finding a well-paying job, a poll issued by CIBC (TSX: CM) shows. Read more...24 août 2015
Post-secondary students seek bankruptcy advice
Nearly half of students worry about covering tuition and living expenses, says CIBC poll.
A Calgary bankruptcy advisor is seeing more post-secondary students coming to his office because of student debt loads. More...
24 août 2015
Students federation says N.L. grant plan should be adopted nationally
The Canadian Federation of Students wants to put growing education debt on the federal election radar and says other governments should follow Newfoundland and Labrador's shift to student grants instead of loans. More...
18 août 2015
Prêts étudiants
Sur le blog de Jean-Marie Blanc. Je ne sais pas si c'est bien le moment d'en parler, mais j'ai lu il y a peu deux articles dans le Monde; l'un donne des explications sur "l'irresistible escalade de la dette étudiante" (Stéphane Lauer); l'autre décrit le piège que représentent les prêts étudiants pour les jeunes états-uniens. (Philippe Escande). Pour résumer, les étudiants américains contemporains sont victimes d'un double phénomène. Voir l'article...
17 août 2015
To reduce debt, give students more information to make wise college choice decisions
By . Higher education has gotten a lot of attention during the early stages of the 2016 presidential campaign. All three major candidates for the Democratic nomination – former New York Senator Hillary Clinton, former Maryland Governor Martin O’Malley and Vermont Senator Bernie Sanders – have proposed different plans to reduce or eliminate student loan debt at public colleges. However, the price tags of these plans (at least US$350 billion over 10 years for Clinton’s proposal) will make free college highly unlikely. Republicans, including leading presidential candidates, have already made their opposition quite clear.
But student loan debt is unlikely to go away anytime soon. What is important for now is that students and their families get better information about tuition costs and college outcomes so they can make more informed decisions, especially as the investments are so large. More...
17 août 2015
Universities relying on adjunct profs pursue profit over integrity
By Stefanie Botelho. Many observers would agree that a lot of universities today no longer champion liberal education but are little more than academic corporations that bequeath to their graduates a degree in debt. Such debts often reach six figures and require a lifetime to remit while the lenders receive millions in interest and enrich themselves. More...
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