Dec 11 Watch 6:57 Some teachers trapped by debt get Education Department help The idea of the TEACH Grant program was simple: Teachers got a grant to pay for college or graduate school, and in exchange they agreed to teach for four years where they're needed. But an investigation by NPR found that… Continue watching
Nov 27 DeVos warns of crisis over ballooning student debt By Collin Binkley, Associated Press The education secretary raised a "red warning flag" at a conference in Atlanta on Tuesday, that the federal government must change the way it gives out student loans. Continue reading
Oct 12 DeVos will not seek further delay of Obama rule on for-profit loan forgiveness By Maria Danilova, Associated Press A federal court ruled last month that Education Secretary Betsy DeVos' decision to delay the regulation, known as borrower defense, was unlawful and that the rule should go into effect. The department had until next Tuesday to respond. Continue reading
Oct 01 Quiz: Do you know how to avoid mountains of student debt? By Beth Kobliner How much do you know about applying to and paying for college? Take this true/false pop quiz to see where you stand. Continue reading
Oct 01 4 ways parents (and their students) can avoid the college debt trap By Beth Kobliner As I crisscrossed the country on a recent book tour, parents repeatedly expressed worry about catapulting college costs. No wonder: Average sticker prices are now $19,000 per year for public four-year schools (in-state) and $47,000 per year for private schools. Continue reading
Sep 08 AP report: Full loan relief rare for students at for-profit colleges By Maria Danilova, Associated Press The Trump administration is granting only partial loan forgiveness to the vast majority of students approved for help because of fraud by for-profit colleges. Continue reading
Aug 27 Nation's top student loan official resigns By Ken Sweet, Associated Press The government's top official overseeing the $1.5 trillion student loan market resigned in protest today, citing what he says is the White House's open hostility toward protecting the nation's millions of student loan borrowers. Continue reading
May 21 Analysis: Student loan debt and an astonishing number no one's talking about By Paul Solman Do student loan defaults pose a systemic threat analogous to the subprime default wave that helped trigger the Crash of ‘08?… Continue reading
Dec 11 Government should resume loan forgiveness for students defrauded by for-profit colleges, watchdog says By Maria Danilova, Associated Press The department has halted Obama-era revisions to the process of loan forgiveness that boosted protections for students, citing pending litigation. The agency is now in the process or rewriting those rules with input from educators and experts. Continue reading
Nov 28 Watch 5:34 If you pay student loans, the GOP tax overhaul could affect you. Here's how By PBS News Hour Both the Senate and House tax overhaul bills could make higher education more expensive for some students, though in different ways. The biggest proposed changes in the House bill would end the deduction for interest paid on student loans, a… Continue watching