19 mars 2017

Americans owe more on student debt than on credit cards

University Business LogoSubmitted by Stefanie Botelho. Outstanding student loan debt continues to increase and reached $1.31 trillion by the end of last year – more than what the nation owes for credit cards, according to new data from the Federal Reserve Bank of New York. More...

Posté par pcassuto à 11:37 - - Permalien [#]


Employers could help student loans with a proposed tax break

University Business LogoSubmitted by Stefanie Botelho. It is one of the most popular perks taking hold in corporate America, and soon employers everywhere could be incentivized to help their workers pay down student loans. More...

Posté par pcassuto à 10:22 - - Permalien [#]

Why one university is sharing the risk on student debt

University Business LogoSubmitted by Stefanie Botelho. Most student financial aid for higher education comes in two forms: loans and grants. As tuition costs have grown, however, both options have had a hard time keeping up—grants are oversubscribed and loans have left college dropouts struggling to pay off debts without any of the financial benefits of holding a degree. More...

Posté par pcassuto à 01:02 - - Permalien [#]

Straight talk on student loans in higher ed

University Business LogoBy Tim Goral. The student debt crisis—despite dire warnings from the media—is not as bad as it is portrayed, researchers Beth Akers and Matthew Chingos say. More...

Posté par pcassuto à 00:33 - - Permalien [#]

18 mars 2017

‘Buy for Uni’ mortgage turns students into landlords

The Guardian homeBy. Anyone over 18 who is in higher education can apply for the deal, as long as they have backing from family. More...

Posté par pcassuto à 21:15 - - Permalien [#]


13 mars 2017

The Conservative Approach to Student Loans

HomeBy Andrew Kreighbaum. Right-leaning policy thinkers push agenda to simplify loan system, inject bigger role for private lenders. But proposals to eliminate PLUS loans likely to draw opposition from advocacy groups. Read more...

Posté par pcassuto à 23:36 - - Permalien [#]

Student debt nationally hit $1.31 trillion

HomeBy Scott Jaschik. Student debt nationally hit $1.31 trillion at the end of 2016, according to new data from the Federal Reserve Bank of New York. Read more...

Posté par pcassuto à 21:16 - - Permalien [#]

20 février 2017

KGIC placed into receivership, headed for sale after CIBT buys debt

By Beckie Smith. A financial entity set up by CIBT Education Group in Canada has bought and demanded full repayment of CAN$12.3m of debt owed by the troubled education provider KGIC, triggering a sequence of events that is likely to lead to the sale of KGIC in a matter of weeks. More...

Posté par pcassuto à 17:41 - - Permalien [#]

19 février 2017

Godot arrives: The Government WILL sell off income-contingent student loans

Today’s announcement on the sale of income-contingent student loans has been a long time coming. In fact it has been a decade since the Labour government passed the Sale of Student Loans Act 2008 and there have been numerous delays in the years since. More...

Posté par pcassuto à 23:05 - - Permalien [#]

Made in America: The growing weight of student loans

University Business LogoSubmitted by Ray Bendici. Historically, the notion that one can get a good education, work hard, and eventually create a better existence has been both an aspiration and an expectation. As the Financial Times described, education has been a "cultural imperative". More...

Posté par pcassuto à 17:18 - - Permalien [#]