25 juillet 2018

Democrats Want IRS to Clarify Student Debt Relief Won't Be Taxed

HomeBy Andrew Kreighbaum. Washington Senator Patty Murray and Oregon Senator Ron Wyden, both Democrats, asked the IRS and Treasury Department in a letter this week to clarify that student loan relief issued to former Corinthian Colleges students should not be taxed. More...

Posté par pcassuto à 00:05 - - Permalien [#]

Trump Administration Backs Off Reshuffling of Student Debt Collection

HomeBy Andrew Kreighbaum. An Education Department plan to begin cutting large debt collection firms out of the student loan system is on hold after Congress warned against move. More...

Posté par pcassuto à 00:03 - - Permalien [#]

24 juillet 2018

Court Tells Department of Ed to Stop Debt Collections for Defrauded Borrowers

HomeBy Andrew Kreighbaum. A federal district court this week ordered the Trump administration to halt collections on loans held by former Corinthian Colleges students while it sorts out the legality of a system to provide partial debt relief to borrowers who were defrauded or misled by their institution. More...

Posté par pcassuto à 23:50 - - Permalien [#]

Employment and Debt of 2008 College Graduates

HomeBy Doug Lederman. Four of every five students who earned bachelor's degrees in the teeth of the Great Recession were employed and/or still enrolled in postsecondary education four years later, a new federal study shows. The study, from the Education Department's National Center for Education Statistics, examines how students who graduated college in 2007-08 and were tracked in the Baccalaureate and Beyond Longitudinal Study were faring in 2012. More...

Posté par pcassuto à 22:34 - - Permalien [#]

23 juillet 2018

Crushing Student Debt for $400, Alex?

HomeBy Emma Whitford. TruTV's new game show Paid Off gives players a chance to pay off student loans, calls on Congress to find "a better solution than this game show." More...

Posté par pcassuto à 08:32 - - Permalien [#]

22 juillet 2018

Digging Deeper on Student Loan Default Rates

HomeBy Paul Fain. Crisis-level student loan default rates among black borrowers and those who attended for-profits cannot be explained fully by students' backgrounds, study finds, including measures of income, employment and parental wealth. More...

Posté par pcassuto à 23:21 - - Permalien [#]

Who shoulders most of nation’s ~$1.5 trillion in student debt? Women

Screenshot-2018-4-19 Techno-News BlogTechno-News Blog. Women owe about $890 billion of the country’s $1.48 trillion student loan debt, nearly double the $490 billion owed by men, placing them at a financial disadvantage as they begin their careers, according to a recently released report from the American Association of University Women (AAUW). More...

Posté par pcassuto à 16:39 - - Permalien [#]

The tech industry leads the way in revolutionizing student loan debt

Screenshot-2018-4-19 Techno-News BlogTechno-News Blog. With the average student loan borrower owing in the $27,900—$50,000 range, it’s no wonder that national student loan debt in America is at a record high of $1.52 trillion. More...

Posté par pcassuto à 15:47 - - Permalien [#]

30 juin 2018

Student Debt Not Increasing Whatsoever (Shocker)

By Alex Usher. Hi all.  How’s the summer working out so far? 
I promised I would be back with a blog just as soon as the folks at the Canadian Undergraduate Survey Consortium (CUSC) published their triennial survey of graduating students, which is the most regular and arguably the best source of information we have on student debt. More...

Posté par pcassuto à 09:51 - - Permalien [#]

Why Student Debt Won’t Fall

By Alex Usher. Since 2011, the amount of grant aid available to students has increased enormously in Canada.  Partly that’s due to the 2016 Federal, Ontario and New Brunswick budgets, which shifted a whole whack of tax credits to grants, as well a more long-term shift towards grants and away from loans in both Ontario and Quebec as well as, more recently, Prince Edward Island as well. More...

Posté par pcassuto à 09:49 - - Permalien [#]