If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!If you’re a senior in high school planning for college, but you still have not picked your school, you’re in the sweet spot. The decisions you make in the coming months will define your life in more ways than you [...] Read more »
Paying for College: Use of Employment, for Acts Drive
For students approaching graduation, the employment picture looking for something better than it has in the past few years, as the country slowly recovering from the Great Depression. This recovery does not mean that employment prospects are rosy, it just means that new graduates are less particular about the job offers they accept graduates who [...] Read more »
NC Community Colleges Lobby for Federal Student Loans
The chairmen of 38 community colleges in North Carolina have come together to a new state law that requires them to federal student loans services to their student bodies beginning July 1, 2011 to oppose. As written, the law would make community college participation in federal student loan program mandatory. The non-participating community colleges say [...] Read more »
Student Loans Are Still a Good Bet?
In the mid-and late 1960s, there was no doubt among American policymakers that the federal government should encourage more citizens to attend and to graduate. Encouraged by the success of the very popular GI Bill (http://www.gibill.va.gov/), which paid fees for military veterans, federal student loans have been praised as a “GI Bill for all Americans.” [...] Read more »
Minn. Poll Shows Impact of Recession on Student Loan Debt
The Minnesota State University Student Association has published the results of a survey released in September 2010 to help the impact of student loan debt to its members to assess. Since the survey the number of responses is small – just 46 responses so far – the results do not hold enormous scientific value, they [...] Read more »
The Consumer Law Report Explosion for-Profit Private-Label Colleges for Student Loans
A new report issued in January by the National Consumer Law Center accused for-profit colleges of saddling their children with an uncontrolled private-label loans for students that these students are forced to high interest rates, excessive debt, and predatory lending terms make it difficult for these students to succeed The report, entitled “Piling It On: [...] Read more »
Paying for College: Student Loans or Credit Cards?
Research conducted by student loan company Sallie Mae shows that in 2010 approximately 5 percent of the students an average of more than $ 2,000 in tuition and other educational expenses paid with a credit card to avoid taking loans. The same study showed that 6 percent of parents used credit cards at an average [...] Read more »
Paying for College Without the Use of Student Loans
Paying for college can be tricky, especially when the cost of a college education far exceeds inflation. Approximately two thirds of the college students of today take student loans (http://www. nextstudent.com / student loans /) or the like, and the average student loan debt load at graduation is more than $ 23,000 and according to [...] Read more »
Student Loan Default Rates on the Rise
Updated statistics released by the U.S. Department of Education show that students are defaults. According to the latest figures rising, the default rate for federal student loans that the reimbursement is recorded in 2008 was 13.8 percent, up 2 percent, default rates on federal student loans that the reimbursement is included in 2007 (http://www.nextstudent.com/student-loans/). current [...] Read more »
Study: New Student Loan Worries Affect College Students’ Mental Health
Researchers from the Higher Education Research Institute at the University of California at Los Angeles say that concerns about student loans have a measurable negative impact on the mental health of first year students. latest results seen in the autumn of 2010 the long-standing annual study “The American Freshman: National norms (http://www.heri.ucla.edu/pr-display.php?prQry = 55) show [...] Read more »