By Michael Stratford. As the idea of debt-free college swirls around the Democratic presidential campaign and some liberal policy circles, the groups that represent colleges and universities are sizing up what it might mean for them. Read more...
Debt-Free Plans
By Michael Stratford. Debt-free college has emerged in recent months as a popular idea among Democrats and progressive advocates. But details about what, exactly, debt-free college means -- and how it would be accomplished -- remain scant. Read more...
Lazy Rivers and Student Debt
By Kellie Woodhouse. There’s not much Elizabeth Warren and Chris Christie agree on. But last week they struck a similar chord in speeches that knocked increasingly common and luxurious college amenities like climbing walls and lazy rivers. Read more...
Student-Debt-Relief Firm Will Shut Its Doors After New York Investigation
By Andy Thomason. A business offering student-loan “debt relief” will close its doors as part of an agreement with New York’s governor, Andrew M. Cuomo. The Times Union, a newspaper in Albany, reports that an investigation by Mr. Cuomo’s office found that Interactiv Education LLC advertised it could lower student-loan payments when, in fact, it just filled out a loan-consolidation form that is available free to anyone through the U.S. Education Department. More...
Education Dept. Names ‘Special Master’ to Oversee Corinthian Loan Discharge
By Andy Thomason. The U.S. Department of Education has appointed a “special master” charged with overseeing the discharge of student-loan debt racked up on campuses of the now-defunct Corinthian Colleges Inc. The official, Joseph A. Smith, has overseen several large financial settlements the federal government has had a hand in, including the National Mortgage Settlement, which was undertaken as a response to the 2007 subprime-mortgage crisis. More...
Federal Government’s Student-Loan Watchdog Will Step Down
By Andy Thomason. Rohit Chopra, the Consumer Financial Protection Bureau’s first student-loan ombudsman, will step down next week, he wrote in a letter on Wednesday. More...
Pupils denied university place due to immigration status 'should get loans'
By Owen Bowcott. Many unaware of restriction until applying for financial support, which can be as high as £26,000 a year if they are charged as an international student. More...
Schooled in UK but denied student loan: 'It's heartbreaking to be cheated of this'
By Owen Bowcott. Supreme court to hear test case over rule changes making immigrants with limited leave to remain in UK ineligible for student loan. More...
Student Loans Company pursues undergraduate ‘beyond the grave’
By Chris Havergal. Human error blamed for issue of statement detailing £12K debt.
The Student Loans Company has apologised after it sent a statement detailing a debt of nearly £12,000 to the family of an undergraduate who died a decade ago. More...
New loans scheme to make masters students mobile
By Nic Mitchell. Under the Erasmus+ Master Loan Guarantee Scheme launched this week, up to 200,000 postgraduate students are in line for loans of up to €12,000 (US$13,700) to help them study for a one-year masters degree in another European country or €18,000 for a two-year masters. Read more...