Education Issues at the Republican National Convention
Come November, young voters (age 18-29) will again play a pivotal role in this year's presidential election, assuming that they show up to vote. While unemployment and the overall weak economy dominate the headlines, rising tuition costs and fewer grants and state aid for public universities and colleges are key concerns for this critical voting block, causing many of them to postpone major life decisions like the starting of a family or putting off college in lieu of job retraining programs to try to stay afloat. Paul Fain, writing for…
Department of Education Offers New Resources to Simplify Financial Aid
Kudos to the Department of Education for their recent efforts to demistify and explain the sometimes confusing world of financial aid. For the "visual learners" in your life or those new to the financial aid process, this video may just do the trick. For seasoned student loan borrowers, visit our tools page for a number of resources to help you navigate the sometimes tricky world of loan repayment.
Student Debt - It’s Not Just For Poor Kids Anymore!
Think that lower income families are the only ones racking up significant student loan debt? Well, think again. According to a recent study in the Wall Street Journal, households with annual incomes of $94,535 to $205,335 saw the biggest jump in the percentage with student-loan debt from 2007 to 2010 and a sharp increase in the total amount of student debt they owed. Fortunately, Heather offers a number of tools to help rich and poor kids alike manage their student debt.
New Federal Data on College Costs is Released
The Department of Education published a new report yesterday on student financial aid, including the average price of attendance at the Nation's public & private colleges and universities. [Drum roll please....] Private colleges and universities are more expensive than their public counterparts... GASP! Actually everyone pretty much already knew that, but the numbers are still sobering for student loan borrowers. Want to go to a four-year college or university with your state's name in its title? That will most likely…