By Andy Thomason. Adjunct professors would become eligible for a federal student-loan-forgiveness plan available to public servants under the terms of a bill introduced on Thursday by Sen. Richard A. Durbin, an Illinois Democrat. The Public Service Loan Forgiveness Program allows employees of nonprofit organizations—including full-time professors at public universities—to have their federal student loans forgiven after making 120 payments while working in that capacity. More...
By . Report: “Nasfaa Task Force Report: Public Service Loan Forgiveness”
Organization: National Association of Student Financial Aid Administrators (Nasfaa)
Summary: Nasfaa’s Public Service Loan Forgiveness Task Force offers several policy recommendations for improving the loan-forgiveness program.
Among them is limiting the amount of debt that can be forgiven. More...
By Telegraph View. The former universities minister deserves credit for trying to find a solution to the burden of unpaid student debt. Student loans were intended to shift the burden of payment away from the taxpayer and on to the individual student. Read more...
By Josie Gurney-Read. Under a new plan being considered by ministers and officials, higher education institutions could buy student debt on graduation. Higher education institutions could be given the ability to buy student debt on graduation, under a new policy being considered by ministers and officials, according to BBC Newsnight. Read more...
By Alex Andreou. Universities being allowed to buy graduates’ student loans is another blow to society’s collective forward motion. Proposals have been drawn up to allow universities to buy a graduate’s student loans. The idea is the brainchild of former universities minister David Willetts, who was recently shuffled out of his position, and it seems to be gaining traction. Read more...By Claire Shaw. David Willetts says universities could benefit from buying up their students' debts. Is this a good move for the sector? Have your say below. Universities could benefit from buying up their students' debts, David Willetts, the former universities and science minister, has said. Read more...By Nick Hillman. Australia and the UK both struggle to recoup student loan repayments from graduates who've moved abroad. Nick Hillman says we need a stricter approach. The Higher Education Policy Institute (Hepi) is running a year-long comparison of the Australian and English university systems. The objective is to reveal some lessons for public policy. Read more...
By . Former minister says he looked at idea while in government. Universities should take on their students’ tuition fee debt so that they have an incentive to get their graduates into well-paying jobs, the former universities and science minister has argued. More...
The U.S. Department of Education has not properly overseen the companies it hires to collect defaulted federal student loan debt, according to an audit released Monday by the agency’s inspector general. Read more...The nonprofit institute that manages the well-known Semester at Sea study abroad program has signed a “standstill agreement” with a German bank to prevent action by its creditors after it missed payments on an $83.5 million loan for its cruise ship, the Daily Progress of Charlottesville, Va., reported. Read more.../https%3A%2F%2Fprofilepics.canalblog.com%2Fprofilepics%2F1%2F0%2F1076071.jpg)
