By Colleen Murphy. A report released on Tuesday by the Consumer Financial Protection Bureau highlights continuing problems that military borrowers face when interacting with student-loan servicers. More...
Education Dept. Takes Steps to Ease Repayment for Student-Loan Borrowers
By Kelly Field. With student debt playing a prominent role in the 2016 presidential campaign, the Obama administration is taking several steps to ease borrowers’ repayment burdens. More...
Student-Loan Servicer Is Ordered to Pay Back $16 Million to Borrowers
By Andy Thomason. The Consumer Financial Protection Bureau has ordered a private student-loan servicer to refund nearly $16 million to borrowers after the federal agency found evidence of illegal practices. According to a consent order filed by the bureau, Discover Bank overstated in billing statements the minimum amount borrowers had to pay, engaged in illegal collecting practices, and did not provide necessary tax information to borrowers. More...
In Praise of Federal Loans for College
By James L. Doti. The outcry over the growing burden of Stafford student loans is loud and getting louder. A recent Wall Street Journal article characterized it as "a hot issue in the 2016 presidential race as contenders float proposals that rethink what college should cost and who should foot the bill." More...
Walden U. Responds to Report on Graduate-Student Debt
By Jonathan A. Kaplan. As president of Walden University, I read with interest an opinion article in The Chronicle about a new analysis from the Center for American Progress that found that, in 2013-14, graduate students enrolled at 20 universities received more than $6.5 billion of federal student loans. More...
Lots riding on Ed Dept standard for student-loan forgiveness
By David Wessel. The U.S. Department of Education is opening what could be a very large (and, for taxpayers, expensive) door to debt relief. As the department ponders its standard for forgiving loans, potentially tens of thousands of borrowers could seek relief from repaying tens of billions of dollars in debt. More...
School-leaver overturns immigration-related blanket ban on student loan
By Owen Bowcott. Supreme court decision in favour of Beaurish Tigere, 20, could pave way for hundreds of other young people settled in UK to fund higher education. More...
Funding reforms mean 'substantially higher debt for poorest students'
By Phillip Inman. Institute for Fiscal Studies says chancellor’s changes to maintenance grants will ‘increase cost of higher education’. More...
Outstanding higher education teaching should not increase students’ debt
By . The government’s plans for the Teaching Excellence Framework would build a fence of price tags around the best quality university tuition. More...
'The poorest students will leave university with the biggest debts'
By . Converting maintenance grants to loans is unlikely to reduce government spending and may deter less well-off people from going to university. More...