Student Loans : Blog, News and Updates

Do Colleges Provide Adequate Disclosures to Student Consumers?

David Levy — Fri, 14 Feb 2014 19:45:59 +0000

The U.S. Government Accountability Office (GAO) has released a study that describes the growing number of colleges and universities who have entered into arrangements with financial institutions to market bank accounts, prepaid cards, debit cards and other financial services (including disbursing financial aid) to students. While the Consumer Financial Protection Bureau (CFPB) has encouraged financial […]

Setting the (Education Loan) Record Straight

David Levy — Wed, 22 Jan 2014 01:58:18 +0000

While average education loan debt at graduation continues to increase every year, the percentage of students graduating with student loan debt is also growing. How many students and their families are borrowing to finance a college degree and how much are they borrowing? Mark Kantrowitz, Senior Vice-President and Publisher of Edvisors.com, recently analyzed data from […]

Take a Deep Breath and Beware of the Annual U.S. News College Rankings

David Levy — Tue, 17 Sep 2013 16:17:32 +0000

Now that the college rankings season has resumed, it's a good idea to take a deep breath and consider the timely advice offered by Dr. John Tierney in The Atlantic.

Converse College Slashes Tuition

David Levy — Wed, 11 Sep 2013 22:48:25 +0000

Converse College, a small independent women's liberal arts college in Spartanburg, South Carolina, announced that it is cutting its tuition by 43% for the 2014–15 academic year. The one-time tuition reduction or "reset" from $29,124 in the 2013–14 academic to $16,500 in the coming academic year affects both continuing and incoming full-time undergraduate students.

Why More Parents Might be Planning to Pay for College: The Rest of the Story

David Levy — Tue, 27 Aug 2013 21:09:38 +0000

An annual survey commissioned by Discover Student Loans shows that the number of parents who plan to help their children pay for college is up from last year.

Obama Proposes to Shake-up Higher Education

David Levy — Fri, 23 Aug 2013 16:34:26 +0000

Citing "higher education as the single most important investment students can make in their own futures," the Obama administration offered a plan to make college more affordable for American families.

Federal Government Reports More Students Receiving Financial Aid

David Levy — Wed, 21 Aug 2013 19:28:05 +0000

The U.S. Department of Education’s National Center for Education Statistics (NCES) released new data showing that more than seventy percent of undergraduates received some type of student aid (including student loans) during the 2011-12 academic year.

On vs. Off-Campus Housing

samantha b — Wed, 14 Aug 2013 16:27:31 +0000

With the fall semester of college starting up in a few weeks, college students are working towards finalizing their housing situation for the upcoming year. Unfortunately, you're running out of time to answer the looming question: "Do I want to live on campus or off campus?" To help you to answer this question, we've weighed some of the crucial factors to consider while making this decision.

Top Twelve Tips for Repaying Student Loans

Mark Kantrowitz — Mon, 12 Aug 2013 14:22:22 +0000

These 12 helpful tips will help you manage your student loan repayment, making the the whole process hassle-free!

Student Loan Servicer Transfer

samantha b — Wed, 07 Aug 2013 17:44:28 +0000

Last week, the United States Department of Education released a newsletter informing students and their schools that federal student loans handled by four nonprofit servicers would soon be transferred to new servicers. Over the next two months, the majority of loans that are currently serviced by COSTEP, EDGEucation, and EdManage will be transferred to MOHELA, while those serviced by KSA Servicing will be transferred to Aspire Resources Inc.