Student Loans

Impact

A ProPublica analysis of newly available federal data shows that some of the nation’s wealthiest colleges are leaving their poorest students with plenty of debt.

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A small rebellion against the American higher education system is gaining steam.On Tuesday, a group of strikers who call themselves "the Corinthian 100" met with officials from the U.S. Consumer Financial Protection Bureau, the Department of…

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I couldn’t figure out why small, straightforward tasks on my to-do list felt so impossible. The answer is both more complex and far simpler than I expected.

adulting, burnout, capitalism, debt, facebook, influencer marketing, instagram, millennial burnout, millennials, millennials killing things, social media influencers, student loan debt, CultureReadArchived

“The future that debt chose for me — indeed the future it chooses for many people — included a lot of shame, confusion, and pain.”

american education services, cares act, college debt, debt, fraud, fraudulent debt, gambling, gambling addiction, kristin collier, student debt, student loansReadArchived

https://www.nytimes.com/2018/07/05/upshot/americans-are-having-fewer-babies-they-told-us-why.html

Why millennials are facing the scariest financial future of any generation since the Great Depression.

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Suicide is the dark side of the student lending crisis and, despite all the media attention to the issue of student loans, it's been severely under-reported. I can't ignore it though.

suicides, student-loans, suicide, student-loan-debt, college, , type: blog, Student Loans, student loan debtReadArchived

Why are so many kids with bright prospects killing themselves in Palo Alto?

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https://www.usnews.com/education/blogs/student-loan-ranger/articles/how-student-loan-debt-affects-women

Don't pretend like you already know.

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https://www.nytimes.com/2015/06/24/business/economy/more-americans-are-renting-and-paying-more-as-homeownership-falls.html

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For millions of Americans, it’s not getting better.

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Payment Difficulties

The number of high school students filing out financial aid applications to access grants and loans for college is waning.

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More than half of students at 347 colleges and vocational schools defaulted on their loans or failed to pay down even a single dollar of their debt after seven years, according to a Wall Street Journal analysis of federal data released Saturday.

college loans, student debt, college debt, federal student loan, higher education, college scorecard, student loan, Political/General News, Higher Education Costs, Education, Personal Finance, University/College, COLLEGE LOANS, STUDENT DEBT, COLLEGE DEBT, FEDERAL STUDENT LOAN, HIGHER EDUCATION, COLLEGE SCORECARD, STUDENT LOAN, SYND, WSJ-PRO-WSJ.com, Career Education, US News, political, general news, higher education costs, education, personal finance, university, college, career education, us newsReadArchived

Nathan Hornes and others sought degrees from Everest, a Corinthian subsidiary, which is now in court as team of former students fight back

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Student loan debt is ricocheting through the U.S., affecting institutions and economic patterns that have been at the core of America's very power.

cnbc, Articles, Personal finance, Personal saving, Higher education, Personal loans, College, Debt, Personal Finance, Savings, Student Loans, Investing, source:tagname:CNBC US Source, business newsReadArchived

Repayment Approaches

In an effort to keep talented employees happy, some employers are paying a significant chunk of their workers' student loans.

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Sen. Elizabeth Warren on Monday proposed eliminating the student loan debts of tens of millions of Americans and making all public colleges tuition-free, staking out an ambitious stance on one of the central policy debates of the 2020 Democratic primary.

2016 presidential election, 2020 presidential election, banking, finance and investments, bernie sanders, business, economy and trade, child care, education, education systems and institutions, elections (by type), elections and campaigns, elizabeth warren, families and children, financial aid in education, government and public administration, higher education, low-income students, parents and parenting, personal debt and bankruptcy, personal finance, political candidates, political figures - us, political organizations, politics, public finance, society, student expenses and financing, student loan debt, students and student life, taxes and taxation, tuition fees, us democratic party, us federal elections, us political parties, us presidential electionsReadArchived

It’s an unprecedented move in higher education, but a welcome one. The U.S. Secretary of Education has pledged to forgive the loans of as many as 350 thousand students who were defrauded into taking on huge student loan debts by online schools owned by Corinthian Colleges. More students may also be eligible.

education, corinthian colleges, debt relief, debt collective, debt strike, economics, politics, GizmodoReadArchived

For one, he wants to strip away tax benefits of 529 savings plans.

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Attacks on Student Loan Protections

The administration revoked federal guidance that barred student debt collectors from charging high fees on past-due loans.

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Flaws of the System

Students who take out loans aren't receiving special favors. They're making a financial transaction like any other

Finance, Newsweek, Next New Deal, Student Loan Debt, student loans, U.S. Economy, News & PoliticsArchivedRead

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Just about everyone involved in the student loan industry these days – banks, private investors and even the federal government – makes money off the borrowers. On this episode of Reveal, we explore how this happened and who’s profiting from student debt.

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As chief executive of student-lending giant Sallie Mae, Al Lord helped drive up the costs of college. Now that he is footing tuition checks for his grandchildren, he said he has new sympathy for ordinary families.

wsjexchange, economy, Credit Types/Services, Consumer Lending, Banking/Credit, Financial Services, Financial Performance, Earnings, Management, Corporate/Industrial News, Executive Pay, Political/General News, Higher Education Costs, Education, Personal Finance, Student Loans, University/College, Content Types, Factiva Filters, C&E Executive News Filter, C&E Industry News Filter, WSJEXCHANGE, ECONOMY, SYND, WSJ-PRO-WSJ.com, Career Education, University of Miami, Penn State University, Sallie Mae, SLM, financial performance, earnings, management, corporate, industrial news, executive pay, political, general news, higher education costs, education, personal finance, student loans, university, college, content types, factiva filters, c&e executive news filter, c&e industry news filter, career education, credit types, services, consumer lending, banking, credit, financial servicesReadArchived

When does it pay to go to grad school? Find out here.

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Debt is a big reason, but there are others.

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The problem seems to run deeper than standard-issue generation bashing.

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Just 20 universities received one-fifth of the total amount of loans the government gave graduate students in the 2013-2014 academic year.

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Attending America's "dream school" is a financial nightmare.New York University, routinely described by American high schoolers and their parents as one of their top "dream schools," is one of the most popular application choices for aspiring…

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https://www.nytimes.com/2015/09/13/magazine/is-college-tuition-too-high.html

One for-profit college giant has collapsed and others are on the brink. Their troubles represent a big, unsolved problem for the government that bankrolls them.

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https://www.bloomberg.com/news/articles/2022-04-30/biden-s-1-75-trillion-student-debt-problem-by-the-numbers