By Mary Beth Marklein. US presidential aspirant Hillary Clinton this week unveiled her US$350 billion plan to make college more affordable, joining other Democratic contenders who have made student debt relief a central part of their platform. Read more...
MPs may ease loan repayment load on jobless graduates
By Gilbert Nganga. There could be major relief on the way for Kenyan graduates as parliament mulls over a law that will bar the state-funded student loans agency from imposing interest and penalties on loans to graduates who remain jobless after completing their studies. Read more...
Bill Would Replace U.S. Loan Default Rates With Repayment Metric
A bipartisan duo of U.S. senators on Wednesday introduced legislation that would overhaul a key way the government holds colleges accountable for student outcomes and also create a new risk-sharing program. Read more...
Democrats Urge Inquiry Into Education Dept. Loan Servicer Review
Three Senate Democrats on Wednesday called for an independent investigation into the U.S. Department of Education’s review of its loan servicing contractors that largely cleared the companies of allegations they overcharged military service members. Read more...
In Clinton’s Higher-Ed Agenda, Expect Echoes of Past Plans on Student Debt
By Brock Read. Hillary Clinton, the heavy favorite among Democrats running for president, plans to announce key planks of her higher-education platform on Monday at an event in New Hampshire, Politico reports. When she does so, student-loan reform will be the dominant theme. More...
Luxury accommodation: it’s the new add-on to student debt woe
By Lisa Bachelor. Student digs used to mean spartan rooms and shared bathrooms. Now, they seem to have come straight out of glossy magazines – at prices to match. More...
Banks offer students interest-free overdrafts of up to £3,000
By Lisa Bachelor. Gone are the days of free electronic gadgets – this year banks are trying to lure students with valuable interest-free borrowing. More...
Growing student debt is entrenching unfairness for a whole generation
By . The university fees regime is helping Britain create the most stratified, least socially mobile, cruelly unfair society in its treatment of the young. More...
Summer Updates from Abroad (1): England’s Demented Student Loans Policies
By . You’ll recall that the UK had an election in early May in which the Conservative Party, contrary to most polling, won a majority of seats, and thus was able to form a government without need for a coalition. On July 8, the new government delivered its first budget, which contained a lot of policies that – to put it mildly – had not exactly been fully outlined to the electorate eight weeks earlier. In student aid, what that meant was the outright abolition of maintenance grants, and their replacement with student loans of slightly higher value. More...
Student Debt in Canada: Sorry, Still no Crisis
By . If you’re in the looking-at-student-debt business in Canada, your data sources are limited. Provinces could publish their debt figures annually, but they don’t. Canada Student Loans does publish its debt numbers annually, but it includes nothing on provincial debt, so it’s not very useful. Statistics Canada surveys graduating students every five years, but only three years out from graduation, so the most recent data we have from that source is now five years old. Kinda sucks. More...