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6 septembre 2015

Canada Student Loans program to ramp up collection efforts, documents show

By Jordan Press. Employment and Social Development Canada, which oversees the program, has set more aggressive collection targets to stem the rising amount of student debt the government must write off each year. Read more...

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1 septembre 2015

Student debt is lower here

A total of 865,000 net new jobs were created for university graduates, compared to 435,000 net new jobs for college and trades graduates, while a total of 510,000 jobs were lost for those with no post-secondary education. More...

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30 août 2015

Five things you MUST know before you get a student loan

By Katie Morley. You've got your A-level results and if you're heading off to university, Katie Morley runs though what you need to know before you sign up for student finance. Read more...

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30 août 2015

Dept. of Education Failed to Hold Loan-Management Company Accountable, Audit Finds

By Kelly Field. The Education Department failed to hold Xerox Education Solutions, a company it had contracted to track and service student loans, accountable for fixing persistent problems in its student-debt-management system, the agency’s inspector general said in an audit report released on Thursday. More...

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30 août 2015

Ta-Da! U. of Pennsylvania’s ‘No-Loan’ Financial-Aid Policy Becomes ‘All-Grant’

By Andy Thomason. The University of Pennsylvania has a new financial-aid policy. Or, at least, a new name for it.
The university’s student newspaper, The Daily Pennsylvanian, reports that Penn changed the name of its financial-aid policy this summer from “no-loan” to “all-grant.” A no-loan policy is one in which the university does not give out loans as part of financial-aid packages, instead relying primarily on grants. More...

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30 août 2015

Meanwhile, a Bubble Quietly Deflates

By Matt Reed. Did you know that Federal subsidized student loans, measured in dollars lent, have dropped more than forty percent over the last five years?
It suggests a bit of a flaw in the “student loan bubble” discussion, if nothing else. More...

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30 août 2015

Money for Debt Relief Fight

By Michael Stratford. A bankruptcy judge on Wednesday approved Corinthian’s plan to liquidate its assets, earmarking about $4.3 million for a special fund for former students. Read more...

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29 août 2015

Should universities have to pay back unpaid student debts?

By Geoff Sharrock. At a recent ANU forum on higher education financing, economist Lorraine Deardon said that since UK universities were allowed to treble their fees in 2012, more than 60% of UK students may never repay their loans. She suggested that with income-contingent loans, allowing universities to set their own fees should entail some “risk sharing” between governments and universities. More...

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29 août 2015

Clinton’s debt-free college comes with a price tag

By Donald E. Heller. Democratic presidential candidate Hillary Rodham Clinton recently released a major policy paper to address the hot topic of college affordability. Her “New College Compact” is an attempt to gain recognition as the candidate who will stand up for college students and their families. More...

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29 août 2015

Student loan debt: America’s next big crisis

Higher Ed Tech News and Research ~ Ray Schroeder, editor. The Federal Reserve Bank of New York released its latest Report on Household Debt and Credit Developments, and the news isn’t good for student-borrowers. As of the second calendar quarter ending June 30, seriously delinquent student loans (which the FRBNY describes as those whose payments are 90 or more days past due), increased to 11.5% of the $1.19 trillion dollars’ worth of education loans, versus 11.1% in the first quarter. More...

Posté par pcassuto à 11:15 - Commentaires […] - Permalien [#]

Tags: crise

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