Monthly Archives: June 2014

Thinkstock/Jupiterimages By PHILIP ELLIOTTWASHINGTON — House lawmakers are ready to pass legislation that links student loan rates to the financial markets in spite of a veto threat from President Barack Obama.Supported by Republicans, the bill would avoid a rate increase … Continue reading →

Michael Nagle, Bloomberg News via Getty Images Credit cards, with their high interest rates and exorbitant fees, have often trapped college students and other young adults in debt spirals that can be almost impossible to escape from.However, the latest generation … Continue reading →

Forget the “freshman 15,” the dreaded additional pounds freshmen frequently pack on when they settle into life on their own. More important are the 15 smart financial moves you need to know to get through freshman year and beyond without … Continue reading →

The rising student debt crisis is hardly news: With hiring slow and tuitions high, the financial outlook has been bleak for many young college grads for quite a while. But according to some analysts, the college loan crisis has moved … Continue reading →

Some for-profit colleges may lose access to U.S. government aid as the Department of Education works to improve oversight of the sector. Colleges that pay recruiters based on how many students they sign up could be disqualified from participating in … Continue reading →

The Wall Street Journal (subscription required) reports that “According to new numbers from the U.S. Department of Education, default rates for federally guaranteed student loans are expected to reach 6.9% for fiscal year 2007. That’s up from 4.6% two years … Continue reading →

Getty Images For anybody who has paid even the slightest amount of attention to higher education over the past few years, it should come as absolutely no surprise that college costs a lot of money. Countless writers and analysts — … Continue reading →

More than 1 million of America’s poorest college students may have to take out bigger loans, find another way to pay tuition, or drop out in 2012, if Republican budget cuts are passed that shrink the government’s Pell grant program. … Continue reading →

#fivemin-widget-blogsmith-image-97630{display:none}.cke_show_borders #fivemin-widget-blogsmith-image-97630,#postcontentcontainer #fivemin-widget-blogsmith-image-97630{width:570px;height:411px;display:block} After the last exams are completed and final papers are handed in, college seniors breathe a sigh of relief, thinking their futures will no longer be dictated by grades and numbers. But they’re wrong. Walking the stage … Continue reading →

Are colleges letting their students get snookered by banks? That’s what the Consumer Financial Protection Bureau is aiming to find out, and it has launched an inquiry into how colleges partner with financial institutions to market to students.While the Credit … Continue reading →