With state legislative sessions beginning across the country, it's a good time to remind lawmakers that funding for public two- and four-year colleges remains well below pre-recession levels in almost every state.
Unlike PAYE, which is only open to students who took out loans after October 2007, the REPAYE plan will be open to anyone who borrowed directly from the federal government. This includes older borrowers who were previously shut out from PAYE.
Like previous TICAS reports, "Student Debt and the Class of 2014" provides a comprehensive overview of the student debt crisis by combining a bird's eye view of the national scope of educational debt with state-by-state data.
We shouldn't separate the front end and back end conversations about the costs of education. It is time to link borrowing with repayment at the front end. Then, and only then, will we be able to truly look at college affordability
The rule, which went into effect on July 1 of this year, is designed to reveal programs that carry high levels of student debt while yielding relatively subpar job credentials.
In the run-up to the first day of classes each year, students and families are inundated with higher education statistics and often left wondering what information really matters or even which facts and figures to trust.
Like other grandparents, we're convinced our grandchildren are the smartest and most perfect creatures on the planet. We've had college 529 savings accounts for them since they were born and know that someday they will cure cancer, end poverty and save the planet!
As the noise from the rhetoric of an ever-growing field of presidential candidates reaches an ear-splitting din, there is an announced candidate outside the two-party system that deserves to be heard.
"Student loans": no two words any student or parent wants to think about. The mention of the phrase "student loans," or worse, "student loan debt," is enough to make anyone cringe in utter disgust and confusion.
For those of you who dream of being future doctors, lawyers, financial wizards, architects, or English professors (if there are any of those anymore), you'll still have to pay exorbitantly for years of graduate school or professional training, which means ever more debt to come.
The global growth of handheld digital devices among younger people is transforming the way consumers are getting their information in general, and financial information in particular. On April 15, the 2015 Financial Literacy Summit brought together international financial literacy experts to discuss how mobile technology can improve financial literacy for today's young adults.
College shouldn't cost that much. There is no justifiable reason as to why we have to pay that much money. None.
A large percentage of college kids have not been taught to properly use credit. There are a few reasons for this. It could be that the parents don't understand it completely, so they pass on really bad habits. It could be that they just ignored the conversation at home. Here's why I think giving a college student a credit card is a bad idea.
Now is the time of the year that most college and university boards of trustees meet to set in place what the comprehensive fee -- tuition, fees, room and board -- will be for next year. It's a telling moment for higher education.
As a marketing professor and therefore an active researcher, I pay close attention to changes in consumption and how these changes might impact marketing strategy. Below, I outline ten observations related to consumer trends and offer questions for you to contemplate as you fine-tune your marketing strategies for 2015.
Becoming part of 2,300+ year old tradition, a tradition much older than the current trend of anti-democratic capitalism, is not only an honor but a responsibility.