By Jenny Adams. At first, scholars who needed money did not differ from other borrowers: everyone took loans from the same lenders. But in 1240, Robert Grosseteste, the bishop of Lincoln, used Oxford University money to launch the first documented student loan system. He named it St Frideswide’s Chest. More...
13 avril 2016
History of student loans goes back to the Middle Ages
27 octobre 2014
By . In September, after seven years of working in Egypt, Mostafa Atteya enrolled in a master’s degree program in Islamic Finance at Durham University in Britain. His tuition is almost $45,000—far more than most 31-year-old Egyptians could afford. But Atteya was an equity trader for a Cairo-based investment bank operating in the Middle East and North Africa. More...
05 avril 2014
Grants vs. Loans
By Scott Jaschik. Much of the debate about encouraging college completion has focused on academic requirements, advising or the curriculum. Many experts commonly say that completion rates are about much more than money. But a study released here Thursday at the annual meeting of the American Educational Research Association suggests that money, and different kinds of money, matter a lot in the graduation of low-income students. Read more...
