By Andrew Kreighbaum. The Department of Education last week said in a court filing that it had awarded contracts to collect on defaulted student loans to two firms, Performant Recovery Inc. and Windham Professionals. More...
16 janvier 2018
13 janvier 2018
From student hunger to student debt, Cuomo's plans for education in '18
Indeed, the governor — in both his annual State of the State speech and a policy book released later in the day — sounded warnings about the importance of lifting the neediest New Yorkers out of poverty through comprehensive education programs that address academics while also battling hunger, improving mental health and providing after-school care. More...
12 janvier 2018
How Students Pay for Graduate Study
By Paul Fain. Students who were enrolled in graduate programs last year reported that they paid for 77 percent of their education with money they earned, saved or borrowed, according to a new study from Sallie Mae, the student loan company. In contrast, undergraduates pay for 30 percent of their educations with those sources. More...
12 janvier 2018
New Analysis of Student Loan Default Data
By Paul Fain. The looming student loan crisis is worse than previously thought, according to a new analysis of federal data on student loan default, which the U.S. Department of Education released in October. More...
6 janvier 2018
Kansas Counties Help Residents Pay Student Debt
By Paul Fain. Most of the counties in Kansas are offering to pay off up to 20 percent (or up to $15,000 over five years) of the student debt of new residents who hold college degrees, according to CNBC. To qualify for the recruitment perk, which the Kansas Department of Commerce is administering to help give a boost to rural areas, applicants must have an employer or county "sponsor" that agrees to match half of the repayment. More...
6 janvier 2018
Proposal Would Raise the Bar for Borrowers Seeking Loan Relief
By Andrew Kreighbaum. Department of Education proposal would require student borrowers demonstrate an intent on the part of their college to mislead or deceive in order to get loan relief through borrower-defense claims. More...
2 janvier 2018
Student Debt in the City
By Rick Seltzer. Residents in poor parts of New York City tend to have less student debt but more trouble paying it off, providing a window into how national trends play out at the local level. More...
2 janvier 2018
Student Loans, Bankruptcy and the Silence of Presidents
College and university leaders should support current legislation that would return standard bankruptcy protections to student loans and restore basic fairness to the lending system, argues Alan Collinge. More...
30 décembre 2017
High household debt: a challenge for medium-term growth?
Posted . The global economy is now growing in sync at his fastest pace in years, but financial vulnerabilities create challenges for medium-term growth. Private indebtedness, including of households, remains a source of concern, as set out in the special chapter of our latest Economic Outlook on “Resilience in a time of high debt”. More...
25 décembre 2017
Higher ed industry news: Over 100 schools join ScholarNet for Private Loans network
Over 100 schools have joined Great Lakes Educational Loan Services’ ScholarNet for Private Loans network this past year to connect with lenders who will streamline private student loan data and fund exchanges. More...
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