Submitted by Lynn Russo Whylly on Wed, 08/14/2013 - 3:56pm
Although Congress congratulated itself for reaching a compromise on student loan interest rates before adjourning for its recess earlier this month, some Connecticut college students and educators said that lawmakers still have more to do when they return in the fall.
College students with no loan debt are more likely to lead a richer social life that involves partying, studying less, and forming relationships that will last long after graduation, a pair of University of Indiana sociologists says.
Submitted by Lynn Russo Whylly on Wed, 08/14/2013 - 10:27am
People may wait until the last minute to pay a bill, but when owed a refund, they want it as quickly as possible. Understanding that the manual refund process at American Public University System (W.Va.) was problematic, the finance staff set out to improve it and ended up reducing average processing time for financial aid refunds by 90 percent.
Submitted by Matt Zalaznick on Tue, 08/06/2013 - 12:00pm
Statistics analyzed by the federal Consumer Financial Protection Bureau show that more than six million borrowers are in default on their federal student loans, representing $89 billion of the more than $1 trillion in outstanding debt.
Submitted by Matt Zalaznick on Wed, 07/31/2013 - 8:38pm
The House on Wednesday approved a bipartisan bill that ensures lower interest rates on loans for students heading to college this fall. Members of the House voted 392 to 31 to lower rates for undergraduates taking out government loans this school year to 3.86%.
Submitted by Matt Zalaznick on Wed, 07/31/2013 - 2:06pm
A comparison of low-income enrollment shows wide disparities among the most competitive private colleges. A student at Vassar, for example, is three times as likely to receive a need-based Pell Grant as one at Washington University in St. Louis.
Submitted by Lynn Russo Whylly on Tue, 07/23/2013 - 10:53am
Nearly one in five community college students get so worried about finances, they think about dropping out, according to the “Inceptia National Financial Aptitude Analysis” report. Teaching them to better manage money may help them graduate.