Jul 04 For-profit college to sell off 85 campuses By Kimberly Hefling, Associated Press The troubled for-profit education company Corinthian Colleges Inc. and the Education Department reached an agreement late Thursday that has 85 of the company's 100-plus campuses going up for sale, and 12 others closing. Continue reading
Jun 30 Interest rates on new student loans will increase Tuesday By Kimberly Hefling, Associated Press The change stems from a high-profile, bipartisan deal brokered last year by Congress and signed by President Barack Obama that ties the rates to the financial markets. Interest rates go from 3.86 to 4.66 percent on undergraduate Stafford loans. Graduate… Continue reading
Jun 23 Watch ‘Ivory Tower’ explores why American higher education is so pricey By PBS News Hour The rise in U.S. college tuition is unsustainable. That’s the argument of a new television documentary, “Ivory Tower,” which tackles growing worries and critique over college costs and student debt. Jeffrey Brown talks to filmmaker Andrew Rossi about the origins… Continue watching
Jun 09 Watch Will loan forgiveness offer long-term student debt solution? By PBS News Hour Continue watching
May 15 Student debt hurts household wealth for decades By Simone Pathe Nearly 40 percent of households headed by young, college-educated Americans are burdened with student debt, and that debt is likely to depress net worth for years to come, according to a new study from the Pew Research Center. Continue reading
Oct 06 Watch Enstitute: The entrepreneurial alternative to college As the cost of higher education mounts, debt-laden students, cash-strapped parents and members of the media are asking: is traditional college still the answer? Correspondent Mona Iskander reports on Enstitute, a two-year apprenticeship program that matches 18- to 24-year-olds with… Continue watching
Aug 22 Watch President Obama Offers Plan to Make Colleges More Affordable and Accountable President Obama Offers Plan to Make Colleges More Affordable and Accountable… Continue watching
Oct 18 Watch More Debt, Fewer Jobs: How the Candidates Plan to Solve Rising Costs of College More Debt, Fewer Jobs: How the Candidates Plan to Solve Rising Costs of College… Continue watching
Jun 11 Saddled with Student Debt? Where To Find Help By Elizabeth Shell Here's a running debt clock tracking total student loans in America (the mechanics of which are at finaid.org, one of the sites run by financial aid expert Mark Kantrowitz.). If you're like one of the debt-saddled folks we've profiled,… Continue reading
Jun 04 The Heavy Load of Student Debt By Paul Solman // We first set out to cover the student-debt story last year when we read David Graeber's book, "Debt: The First 5000 Years" and listened to him speak (online). Graeber was pushing a proposal for mass repudiation of student… Continue reading