Student loans in the present and future: a Bloomberg analysis
What’s the state of student loans for American higher ed, and how is that situation likely to develop in the future?
student loans
3 ways colleges are using technology to help students borrow less
Last month, a group of six senators introduced a bill designed to help prevent unnecessary student loan debt by encouraging greater transparency. The “Know Before You Owe Act” would,…
Corinthian boosted figures to obtain federal funds
As federal regulators move to shut down Everest's parent company, Corinthian Colleges Inc., corporate documents and interviews with company insiders provide a behind-the-scenes portrait of how Corinthian persuaded…
Shocking stats on student financial literacy—and why they matter
According to recent PwC data, over a quarter of a million of today’s students believe that after they complete college their student loan debt will be forgiven. Yet,…
Student loan write-offs hit $3 billion in first two months of year
Banks wrote off $3 billion of student loan debt in the first two months of 2013, up more than 36 percent from the year-ago period, as many graduates…
Some universities trying to discourage student loans
In an effort to reduce student loan default rates, some colleges and universities are launching programs to improve student-loan literacy and, in a few cases, offer other kinds…
Obama, GOP duel over rising college expenses
President Barack Obama would make tax credits for college expenses permanent and expand Pell grants for students from lower-earning families. The Republican team of Mitt Romney and Paul…
Senate rejects dueling plans on student loans
The Senate rejected dueling Democratic and Republican plans on May 24 for averting a July 1 doubling of interest rates on federal college loans for 7.4 million students,…
GOP blocks Senate debate on Dem student loan bill
Senate Republicans blocked a Democratic bill May 8 to preserve low interest rates for millions of college students' loans, as the two parties engaged in election-year choreography aimed…
Affordability of college becomes campaign fodder
President Barack Obama will try to add the cost of college to the campaign debate this week as he travels to campuses in three swing states calling on…