01 octobre 2018

New funding package means less cash and higher debts for Welsh students

Résultat de recherche d'images pour "hepi"From this autumn, undergraduates from Wales will no longer get a tuition fee grant. As a result, tuition fee loans will more than double (to £9,000 for those studying in Wales), embedding high tuition fees and loans across more of the UK. Maintenance support is changing too. Although there is to be a new universal maintenance grant, many will be expected to take on larger maintenance loans. More...

Posté par pcassuto à 00:47 - - Permalien [#]

The Post-18 Review in England: A Story of Two Loans?

Résultat de recherche d'images pour "hepi"Income contingent loans are viewed as either a tax liability or personal debt. Viewed as debt, the inclination of stakeholders across post-18 education is to turn fee loans and maintenance loans into teaching grants and maintenance grants. More...

Posté par pcassuto à 00:34 - - Permalien [#]

30 septembre 2018

Black students default on college loans at a higher rate than others, study finds

University Business Magazine logoThere’s great disparity in the way that college graduates pay back student loans. Among black bachelor’s degree holders, 21 percent defaulted on their student loans within 12 years of entering college, according to a report released this week from The Institute for College Access and Success. More...

Posté par pcassuto à 18:18 - - Permalien [#]

Fewer Iowa students are graduating with debt — but those who are have a lot

University Business Magazine logoAverage student loan debt for graduates of Iowa’s colleges and universities still exceeds the national average, according to a new report by The Institute for College Access & Success. More...

Posté par pcassuto à 17:48 - - Permalien [#]

Judge rules DeVos delay of Obama-era student loan rules ‘unlawful’

University Business Magazine logoA federal judge on Wednesday ruled that Education Secretary Betsy DeVos’ various delays of Obama-era regulations governing loan forgiveness for defrauded borrowers were illegal. More...

Posté par pcassuto à 17:03 - - Permalien [#]

Full loan relief rare for students at for-profit colleges

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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, according to preliminary Education Department data obtained by The Associated Press. More...

Posté par pcassuto à 11:18 - - Permalien [#]

House passes bill on student aid counseling

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The House on Wednesday passed a bipartisan bill to improve financial aid counseling for students who receive a Pell Grant or federal student loan. The Empowering Students Through Enhanced Financial Counseling Act (HR 1635) would require annual student aid counseling with students and parents and to get their consent that they understand their financial obligations before receiving a federal student loan. More...

Posté par pcassuto à 10:40 - - Permalien [#]

Temple rankings scandal spotlights M.B.A. grads’ debt

University Business Magazine logoWhen Temple University said in July that its business school had misreported student data for U.S. News & World Report’s annual M.B.A. rankings, the school disclosed another troubling error: It had understated the debt load its typical business student carried after graduation. More...

Posté par pcassuto à 00:19 - - Permalien [#]

29 septembre 2018

Federal advocate for student loan borrowers resigns

University Business Magazine logoThe nation’s roughly 44 million student loan borrowers have lost their advocate inside in the U.S. government. More...

Posté par pcassuto à 23:01 - - Permalien [#]

The soaring default rate on college debt

University Business Magazine logoA university president I know was invited to an Obama administration meeting regarding default rates on student loans. One administration official admonished the invited presidents on their default rates and the potential loss of funding if their default rate was too high. More...

Posté par pcassuto à 21:34 - - Permalien [#]