More than 20 million students are currently enrolled in a 4-year degree program, and 7 in 10 students will graduate with not just a degree, but with student loan debt, too. More...
ED forgives $322M in loans to help HBCUs recover from hurricanes
The U.S. Education Department is granting full forgiveness of $322 million in loans made to four historically black colleges and universities that suffered damage after Hurricanes Katrina and Rita struck the Gulf Coast in 2005. More...
American women hold two-thirds of all student debt—here's why
Americans collectively hold almost 1.5 trillion in student debt, but some students are shouldering more of the burden than others. According to the American Association of University Women (AAUW), women hold roughly two-thirds of all student debt in the nation. More...
Well-established interlibrary loan partners
Borrow Direct (borrowdirect.org) went live in 1999 after founding institutions Columbia, Penn and Yale partnered with the Research Libraries Group to develop the program for “Ivy Plus” institutions. More...
'Debt for life': only 38% of students say tuition fees are good value
Just 38% of those surveyed either mostly or definitely agreed with the statement: “The tuition fees for my course represents/represented good value for money.” A larger proportion, 44%, mostly or definitely disagreed, and 8% said they neither agreed nor disagreed. More...
Loan scheme will fund world-class research facilities
Loan Discharge for Students of Failed Law School
By Andrew Kreighbaum. The Department of Education last week announced it was extending the window for students who withdrew from a failed for-profit law school before its closure to request discharge of their federal student loan debt. More...
AGs Oppose PROSPER Act Over Ban on State Oversight of Loan Servicers
By Andrew Kreighbaum. A bipartisan group of 30 attorneys general signed on to a letter Thursday opposing House legislation to reauthorize the Higher Education Act over a provision that would bar states from regulating student loan servicers. More...
DeVos: States Don't Have Authority to Regulate Loan Servicers
By Andrew Kreighbaum. Education Secretary Betsy DeVos on Friday weighed in on a dispute over whether states have the authority to regulate federal student loan servicers, issuing a legal interpretation saying that the federal government exclusively has the power to provide that oversight. More...
New Push to Drop Drug Offenses as Barrier to Student Aid
By Andrew Kreighbaum. A student receiving federal grants and loans who commits an infraction as minor as possessing marijuana faces losing aid eligibility. Some see this rule as unwise and are pushing to change it. More...