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
