Bowing to pressure from an online petition, lending giant Sallie Mae offered to change its fee policy for borrowers who have delayed payments on their student loans. Borrowers who enter into forbearance will now have the …
Educational Financing
A Radical Idea To Combat the Rising Cost of College
A group of students at the University of California has an unexpected proposal for how to combat the skyrocketing cost of tuition: don’t pay anything — until after graduation.
Obama Wants to Force Colleges to Reduce Tuition, but at What Cost?
In his State of the Union address on Tuesday night, President Obama “put colleges and universities on notice.” Find a way to stop tuition from going up, he told them, or risk losing federal aid money. Following up on that …
How Obama Plans to Stop Big College Tuition Hikes
President Obama said in his state of the union speech that it’s time to cut federal aid to any college that does not keep tuition increases in check. The hope is that they will then find ways to cut costs and make college more …
Students Bear the Burden of State Higher Ed Cuts
As states cut funding for higher education students are hit three times: higher tuition, lower financial aid and less bang for their buck.
Apple’s Textbooks: Undeniably Cool, But Will They Help Students?
Apple debuted the holy grail of textbooks on Thursday in New York City. The books are undeniably cool: they will integrate videos, photos and interactive graphics, make taking notes a breeze and be easy to navigate — all …
What To Do If You Can’t Pay Your Student Loans
If you graduated college last spring, chances are over the winter holidays the government delivered a nice present to your door: your first student loan bill.
Why a Business Major is No Longer the Ticket
The Great Recession has dramatically changed the way we value a college education. First came the argument that a college degree isn’t worth the cost. Now we’re bashing the venerable business degree.
For-Profit Schools: ‘Agile Predators’ or Just Business Savvy?
Adding weight to the mounting pile of evidence against for-profit institutions, a new report from the National Bureau of Economic Research finds a grim future for students who attend for-profit schools.
The Hidden Pitfalls of 529 College Savings Plans
The year-end push to contribute to a 529 state college savings plan is in full force. These plans make a lot of sense. But they also have drawbacks. Here’s how to make the most of them.
Student Loans: A Call for Creative Solutions
Universities raise tuition faster than the vast majority can afford. That leads to more government grants and government and private loans, which flow to universities. They then construct lovely new buildings, largely on the …
An Ivy League Education: Money Wasted or Money Well Spent?
You’ve heard the advice ad nauseum: An education is an investment in your future. But as we all should know, some investments pay off better than others.