The University of Phoenix announced on Tuesday that it will cancel $141 million in student loan debt. The for-profit school’s announcement is part of a deal that settles allegations that the university displayed false advertisements in 2012.
A recent study found that college students from high-income households are borrowing more money for school than students from households with lower incomes. The report added that students from wealthier families are responsible for some of the more drastic borrowing increases in recent years.
Sallie Mae sales employees were rewarded this week with a five-day, all-expenses-paid trip to Hawaii for achieving a record year of $5 billion in student loans, adding to the reported $1.6 trillion in student loan debt for Americans.
Sen. Bernie Sanders (I-VT) said Thursday after the Democrat debate that he would pay for free college by taxing Wall Street.
Rep. Andy Barr said at a House Financial Services Committee hearing that Congress created the $1.5 trillion student loan debt crisis.
“Last year more than one million borrowers defaulted on a student loan. That’s more than the population of each your districts,” said Seth Frotman, Executive Director of the Student Borrower Protection Center to members of the Congressional Financial Services Committee during a hearing on the nation’s student loan debt crisis.
Sen. Elizabeth Warren said the black-white wealth gap due to government discrimination are good reasons to forgive billions in student loan debt.
Sen. Josh Hawley has introduced two bills to target “monopolies” higher education institutions have created that add to student loan debt.
Sen. Bernie Sanders (I-VT) revealed how he would pay for forgiving the estimated $1.5 trillion in student college loan debt with a tax on Wall Street.
Eric Swalwell (D-CA) interrupted debate moderators to discuss the struggles of student loan debt during the second night of the Democrat presidential debates.
Sen. Elizabeth Warren and Rep. James Clyburn will introduce bills that would forgive up to $50,000 of each students’ college loan debt.
Sen. Bernie Sanders (I-VT) said on Saturday the U.S. should stop “endless wars,” cut military spending, and “move toward a global community.”
The Trump administration pushed out goals for modernizing the Higher Education Act Monday including a proposed cap on student loan borrowing.
Sunday, Rep. Eric Swalwell (D-CA), a potential 2020 presidential candidate, commented on the issues that black people face, revealing in an interview with CNN’s “State of the Union” live from the SXSW Conference in Austin, TX, that black college graduates have
During Friday’s Democratic Weekly Address, Representative Bobby Scott (D-VA) touted the Aim Higher Act and stated Republicans have been “driving an agenda that hurts students, workers, seniors, people with pre-existing conditions, just about everyone outside of big corporations and the
The University of Texas (UT) System partnered with the U.S. Census Bureau in a first-of-its-kind collaboration to create a data tool that provides a window into future earnings for college graduates through the early years of their careers as well as the loan debt they may incur.
U.S. Education Secretary Betsy DeVos is withdrawing protections put in place by former President Barack Obama for students who have mismanaged or are defaulting on their college loans.
Using data from the Bureau of Labor Statistics’ American Time Use Survey from 2003-2014, the researchers found that, on average, the demands of full-time enrollment in college are substantially less than those for either high school or full-time employment.
Author Jeff Selingo appeared on Friday’s edition of Breitbart News Daily to talk about his new book, There Is Life After College: What Parents and Students Should Know About Navigating School to Prepare for the Jobs of Tomorrow.
Republican presidential contender Jeb Bush announced his “budget neutral” education plan on Martin Luther King Jr. Day, as he also lamented income inequality, asserted that education is a “civil rights issue,” and advocated for more opportunities for pre-K education for
While on the campaign trail, Rubio has commanded the attention of parents who have opposed the Common Core standards and the federal intrusion into local education that has come with the reform. In addition, he has honed in on the issue of rising college education costs coupled with massive student debt and yet often no jobs for college graduates to show for it.
A study finds that student loan default rates among students with supportive families who earn a four-year college degree are low compared to low-income borrowers who attend schools associated with low labor market outcomes.
Despite the Labor Day unemployment rate supposedly falling to 5.1 percent, the total delinquent loan amount for the 40 million student loan borrowers is now about $340 billion, according to the US Department of Education’s Federal Student Aid website.
in his elegant and moving new book, Plunder and Deceit, Mark Levin takes his message to the next generation.
In a column for the Sunday New York Times, 58 year-old writer and cultural critic Lee Siegel jumped into the Left’s (and Sen. Elizabeth Warren’s) latest nihilistic zeitgeist by bragging about how he intentionally defaulted on all of his student
Still paying off student loan debt? So is actor Miles Teller, co-star of the film Insurgent, which premiered over the weekend to the tune of $54 million.
Come August, Sweet Briar College will close. Located in the lush Blue Ridge Mountains in Virginia, Sweet Briar has educated only women for more than 100 years.
President Obama has ordered the Department of Education and its network of federal agencies to determine whether or not to allow student loans to be discharged in bankruptcy proceedings.
Republicans should stop fighting amnesty, President Obama said on Thursday, because one day a Hispanic will become president.
Young America’s Foundation has released its Youth Misery Index (YMI) numbers for 2014, and it’s a record high of 106.5. The Youth Misery Index (YMI) is calculated by adding youth unemployment, student loan debt, and national debt (per capita) numbers.
