By Andrew Kreighbaum. The Department of Education is planning to issue a statement that only federal agencies, and not state regulators, have oversight authority over student loan servicing entities, according to separate reports. More...
Techno-News Blog. In a new Brookings paper that uses administrative data to look at “large-balance borrowers,” New York University’s Constantine Yannelis and I find that the share of students graduating with more than $50,000 in student debt has more than tripled since 2000, increasing from 5 percent of borrowers in 2000 to 17 percent of student borrowers in 2014. More...
Almost half of recent graduates believe they will never be able to pay back their student loan, as experts warn that they would be better off without university, writes Camilla Turner for The Telegraph. More...
On the 13th of February, a new milestone has been reached in the work of The National Union of Students in Iceland (LÍS) when a new paper on students’ priorities for the revision of the Icelandic Students’ Loan Fund (LÍN) was adopted. It is the first time a document such as this is agreed upon, and LÍS will be able to use it as a tool in the fight for improvements of the system. More...
The Council of Australian Postgraduate Associations (CAPA) and the National Union of Students (NUS) have put together a campaign, Bury the Bill: Stop Government changes to HELP debts. This campaign aims to lobby against the Government's proposed changes to HECS-HELP loans. This campaign requires engagement from student leaders as well as from students on the ground. We would really appreciate if you could get involved in and promote the campaign. More...
Le fonds de soutien créé pour neutraliser les emprunts risqués des collectivités locales s'est révélé efficace, selon l'institution de la rue Cambon. Mais le coût de l'opération atteint 3 milliard d'euros pour les finances publiques, souligne-t-elle. Plus...
By Jan Petter Myklebust. Danish Tax Minister Karsten Lauritzen and Minister for Higher Education and Science Søren Pind have published a seven-point action plan to address the issue of foreign citizens who leave the country before paying off their student loan debt. More...
Higher education and business leaders must work together if they're going to solve the problem of rising costs for college and student debt, a panel of experts said Tuesday morning. More...
College debt is out of control. Forbes Magazine reports that the class of 2016 had an average student loan debt of $37,142; and that 44 million students and graduates now hold more than $1.3 trillion dollars in debt for their education, which is greater than the credit card debt. In Ohio, the average is $30,239 per student borrower. More...
The Trump administration indicated Tuesday it is considering allowing more Americans to erase student debt in bankruptcy. More...
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