May 24, 2017 | Article, Cost of College, Financial Literacy, Paying for College
Many times — maybe too many — high school seniors are just so happy to be accepted to their dream school that they don’t give a second thought to the financial implications of their college choice. Then reality sinks in when they start digging into the details...
Aug 22, 2014 | Article, Research & Advocacy
Average student debt levels for the graduating 2012 class is up over historical debt levels. In these graphs from the Educational Policy Institute (which relies on data from the Project on Student Debt), one can see both the historical student debt trend as well as...
Jul 18, 2014 | Article, Post College, Research & Advocacy
GWEN IFILL: Americans are now carrying student loan debt of over $1 trillion, $125 billion of it added just in the first three months of this year…So what, if anything, could this approach do to help ease the growing problem of student...
May 19, 2014 | Article, Research & Advocacy
Today, the New York Times published the topline results of a report by the Institute for Policy Studies. The report, The One Percent at State U: How University Presidents Profit from Rising Student Debt and Low-Wage Faculty Labor, details how public universities that...
Apr 3, 2014 | Article, Post College
image by lendingmemo.com, cc license The Federal Student Aid office in the Department of Education recently updated their materials on loan forgiveness for public service employees (known as the Public Service Loan Forgiveness Program). In fact, you may have received...
Sep 30, 2013 | Article, Research & Advocacy
Of the 4.7 million federal student loan borrowers from nearly 6,000 postsecondary institutions who entered repayment between in FY 2011, more than 475,000 defaulted on their loans by October 2012. This rate, known as the two-year default rate, now averages 10%. Sadly,...
Aug 22, 2013 | Article, Research & Advocacy
Earlier today, the White House released a fact sheet detailing the need to curb college costs and some proposed methods that may achieve such a goal. The fact sheet was comprised of a few short paragraphs about the growth in tuition and fees,...
Aug 12, 2013 | Article, Completing, Preparing
In the middle of this past Friday afternoon, President Obama signed the Bipartisan Student Loan Certainty Act of 2013. As opposed to previous years where loan rates were continued, this bill allows the fluctuation of student loan rates in accordance with financial...
Aug 5, 2013 | Article, Preparing, Research & Advocacy
Sallie Mae’s How America Pays for College 2013 came out recently. Like previous years (the report has been published annually since 2008), it shows interesting trends on both the cost of college and how families are responding to dealing with...
May 16, 2013 | Article, Post College, Research & Advocacy
The findings from Fidelity Investments’ study of recent college gradiates was just released. The study covered graduates of the classes of 2011, 2012 and 2013. The study, carried out by ORC International, revealed not only the current...