Oct 02 Column: Saddled with student loans? Beware of online debt relief firms By John Wasik What can be done to effectively aid the two-thirds of graduates who leave school with an average $30,000 in debt?… Continue reading
Sep 30 How to pick the right college while avoiding debt By John Wasik Choose an affordable college, but beware, it's not as simple as checking the price tag. Continue reading
Sep 03 Students ask Education Department to discharge college debt By Anne Flaherty, Associated Press WASHINGTON — Almost 12,000 students are asking the federal government to discharge their college loan debt, asserting that their school either closed or lied to them about job prospects, according to government data released Thursday. Continue reading
Jul 30 One key economic factor is forcing millennials to move back home By Kristen Doerer With lower incomes and higher debts, more millennials are saving money by moving back home to Mom and Dad’s. Continue reading
May 14 Government opens public inquiry into potentially 'harmful' student loan servicing practices By Kimberly Hefling, Associated Press The Consumer Financial Protection Bureau opened a public inquiry Thursday into student loan servicing practices that it says can make paying back loans "stressful or harmful."… Continue reading
Mar 10 Watch 3:27 News Wrap: Two Okla. students expelled for racist chant By PBS News Hour In our news wrap Tuesday, the University of Oklahoma expelled two students for leading a racist chant at a fraternity event. The president of the school has said others may face discipline as well. Also, President Obama laid out a… Continue watching
Mar 10 President Obama unveils 'bill of rights' for student loans By Josh Lederman, Associated Press ATLANTA — Issuing a clarion call to Americans saddled by student debt, President Barack Obama urged student borrowers Tuesday to stand up for their rights, and announced a medley of modest steps to bring some order to a notoriously chaotic… Continue reading
Feb 23 Watch 7:26 Why American students are struggling with – and defaulting on – small debts By PBS News Hour Student loan balances climbed to $1.2 trillion at the end of 2014, and delinquencies are rising even as they fall for most other types of debt. In fact, students with the smallest balances are most likely to default. Judy Woodruff… Continue watching
Feb 23 Colleges appeal to Congress to cut regulations they say drive up costs By Jon Marcus, The Hechinger Report When letters of admission go out soon from colleges and universities to hopeful applicants, they’ll be quickly followed by offers of financial aid some advocates for students say require a college degree to understand. Continue reading
Feb 18 Today's racial wealth gap is wider than in the 1960s By Simone Pathe Average wealth in America has grown over the past 50 years, but not at the same rate for everyone. Wealth gaps, especially between whites and non-whites, are growing. In 2013, the average white family had seven times the wealth of… Continue reading