By Astra Taylor. The entire structure of financing higher education is broken. Superficial reform in Washington means nothing until we make tuition ... free. More...
24 novembre 2014
24 novembre 2014
Student loan system 'worst of all worlds'
By Sally Weale. Long-term consequences of government’s changes to funding of England’s universities called into question by influential thinktank. More...
By Natalie Gil. With no national loan scheme for postgrads, aspiring master’s and PhD students must reach out to other funding sources. More...
24 novembre 2014
Hefce deputy warns universities over buying graduate debt
By . Some English universities are interested in the idea of buying the debt of their graduates, but it ‘may not be the smartest investment’. More...
12 novembre 2014
Prepaid tuition plans: Trust them or don't
By . Say you’re a die-hard alumna of dear old SLU, or U of I, or wherever. When your baby is born, you buy her a little T-shirt with your alma mater’s logo. You hang a school pennant on her wall and think of the day when she will follow in your footsteps.
There are two varieties of prepaid plans: those run by several states and the Private College 529 plan based in Clayton. Both have their downsides. More...
12 novembre 2014
US targets debts for dead-end degrees
By Sean Coughlan. Is going to university a way of getting on a ladder of opportunity? Or is it a way of descending into debt that will outweigh any promised advantages?
It's a question that faces every developed economy where going to higher education has moved from an academic minority to a mainstream career pathway. More...
12 novembre 2014
Humanizing the financial aid process
By Joseph Trentacoste. With national student debt at a stunning $1.2 trillion and financial pressure playing a key factor in retention, colleges must take the initiative to help students maximize opportunities for financial aid. Yet many colleges have downsized their financial aid offices and automated various functions. More...
10 novembre 2014
Government rules out student loans review
By . The government has ruled out an urgent review of the sustainability of the student loans system despite being advised to do so by a group of MPs. More...
2 novembre 2014
Student-Loan Servicers Are Often ‘Unfair’ to Borrowers, U.S. Finds
By Chronicle Staff. Report: “Supervisory Highlights”
Organization: Consumer Financial Protection Bureau
Summary: Earlier this month, in the third annual report of its student-loan ombudsman, the bureau reported that private loan servicers aren’t doing much to help borrowers understand their repayment options. Well, here’s more bad news: Some of those servicers are doing a bunch of “unfair” and legally dubious things, too. More...
1 novembre 2014
Scottish student borrowing soars by 69% to record levels
By Severin Carrell. Free tuition championed by ministers but student debt for last academic year rises to £430m as Holyrood cuts grants by 40%. More...28 octobre 2014
Unis charge too much and don't ask enough
I am a current student in a rather specialised area of study, and as the job market is extremely competitive and political, I am not reporting based on my experiences alone.
My total loan after four years of study is $27,813.43. I receive the student allowance, work various part-time and casual jobs, as well as increasingly gaining employment and experience in my field of study.
Assuming a repayment obligation of $3000 per year, it would take approximately nine years to pay off my loan. This is clearly not an ideal situation for a young adult; most graduates will be in our early 20s as they enter the work force, and many will be beginning to establish families and homes at this time. More...
/https%3A%2F%2Fprofilepics.canalblog.com%2Fprofilepics%2F1%2F0%2F1076071.jpg)