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22 juillet 2018

Digging Deeper on Student Loan Default Rates

HomeBy Paul Fain. Crisis-level student loan default rates among black borrowers and those who attended for-profits cannot be explained fully by students' backgrounds, study finds, including measures of income, employment and parental wealth. More...

22 juillet 2018

Who shoulders most of nation’s ~$1.5 trillion in student debt? Women

Screenshot-2018-4-19 Techno-News BlogTechno-News Blog. Women owe about $890 billion of the country’s $1.48 trillion student loan debt, nearly double the $490 billion owed by men, placing them at a financial disadvantage as they begin their careers, according to a recently released report from the American Association of University Women (AAUW). More...

22 juillet 2018

The tech industry leads the way in revolutionizing student loan debt

Screenshot-2018-4-19 Techno-News BlogTechno-News Blog. With the average student loan borrower owing in the $27,900—$50,000 range, it’s no wonder that national student loan debt in America is at a record high of $1.52 trillion. More...

30 juin 2018

Student Debt Not Increasing Whatsoever (Shocker)

By Alex Usher. Hi all.  How’s the summer working out so far? 
I promised I would be back with a blog just as soon as the folks at the Canadian Undergraduate Survey Consortium (CUSC) published their triennial survey of graduating students, which is the most regular and arguably the best source of information we have on student debt. More...
30 juin 2018

Why Student Debt Won’t Fall

By Alex Usher. Since 2011, the amount of grant aid available to students has increased enormously in Canada.  Partly that’s due to the 2016 Federal, Ontario and New Brunswick budgets, which shifted a whole whack of tax credits to grants, as well a more long-term shift towards grants and away from loans in both Ontario and Quebec as well as, more recently, Prince Edward Island as well. More...
26 juin 2018

Financial literacy: The kind of student loan interest you want to grow

University Business Magazine logoYou can’t always be there to help your students make sound financial decisions. But our new interactive learning app, WhichWay, can be there every step of the way. WhichWay empowers students with critical nonacademic skills like financial literacy when and where it’s most convenient and effective for them. More...

25 juin 2018

Wayne State offers former students with debt — but no degree — a way back

University Business Magazine logoWayne State University today launched the Warrior Way Back program, a novel approach to re-engage students who left the university with debt and without a degree. In creating a new approach to university debt forgiveness, the Warrior Way Back will allow returning students to complete their degrees, meet growing demand for an educated workforce and support Detroit’s economic renaissance. More...

25 juin 2018

Why women hold the majority of student loan debt in america

University Business Magazine logoOutstanding student debt hit $1.5 trillion for the first time ever, and it doesn’t seem to be getting better. In fact, it appears that the trend is only accelerating when you consider that student debt accounted for $600 billion 10 years ago. More...

25 juin 2018

College debt delaying Americans’ golden years

University Business Magazine logoAmericans age 50 years and older saw their federal student loan debt grow by $18 billion between the second quarter of fiscal year 2017 and the first quarter of 2018. More...

24 juin 2018

The $1.5T student debt bubble is about to pop

University Business Magazine logoSome 44 million people in the United States now owe more than $1.5 trillion in student loans, and not only do women carry the lion’s share of this burden, but they’ll also have the toughest time paying it back. More...

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