Financial Aid News Archive
Subscribe to this feedHow Student Debt Affects Women, Minorities
Published on 05/03/2013
The estimated $1 trillion in student loan debt affects individuals from all walks of life. However, according to two studies, women and minorities are two groups experiencing some of the greatest repercussions of student debt. So, how deep is the disparate impact on these groups, why does it exist and...Read more.
Are Student Loans Destroying The Economy?-
Published on 05/01/2013
No. But by trading cars for college (and homes for homework), some young people are investing in themselves rather than in the economy's biggest-ticket items....Read more.
How To Decipher Your College Financial Aid Letter
Published on 04/19/2013
It's college decision season, a time when students across the country watch their email with bated breath, waiting for the electronic harbinger that will inform them that (hopefully, thick) envelopes are on the way....Read more.
Financial Aid Letters Can Cause Confusion, Study Suggests
Published on 04/15/2013
Many students at colleges such as Boston University who apply for financial aid each year face significant challenges in comprehending their situations as described by financial aid award letters, according to a new study....Read more.
Loan Education Becomes Prerequisite As Student Debt Balloons
Published on 04/15/2013
For students now sprinting toward the end of their college days, the finish line may not be much of a relief. More than ever, their gait is slowed by the weight of impending debt....Read more.
Calls Mount For Changing How Interest Rates Are Set On Federal Student Loans
Published on 04/11/2013
President Obama's budget for the 2014 fiscal year, due out on Wednesday, is expected to propose moving to market-based interest rates on federal student loans....Read more.
National Budget Bill May Increase Options For Debt-burdened Students
Published on 04/09/2013
A bill that once made it possible for a student buried in private loan debt to declare bankruptcy is fighting to come back to life as senators across the nation debate whether students have enough protection....Read more.
How Final Is A College’s Financial Aid Offer?
Published on 04/08/2013
As the end of March wraps up the suspense of college acceptances and rejections, the beginning of April tips the decision-making power to students, who must now choose where to enroll. Most students, after having received their (virtual) envelopes, have until May 1 to decide....Read more.
Why Your Student Loan Interest Rate Is So High
Published on 04/05/2013
Joe Szczepaniak pays a 3.5 percent interest rate on the mortgage for his house in a Chicago suburb. His car loan is 1.79 percent. The federal education loans he took out to send his four sons to college? They’re all above 7 percent. “Student loans have been the big black...Read more.
Consumer Group Want New Student-loan Repayment, Refinance Options
Published on 04/05/2013
By E. Scott Reckard...Read more.
