Tag: Student Loan Debt: Page 3

Students

Report Links ‘Disadvantaged’ Students, Quality Schools to Higher Loan Repayment Rate

Authors of a new study say that low-income or “disadvantaged students — and taxpayer money that is used to support them — should be steered away from low-quality institutions and toward institutions that have high “economic mobility” to put the student in better position to pay back their student loans.

February 6, 2017

Students

DeVry University to Pay $2.5M in New York Settlement

NEW YORK — New York’s attorney general says DeVry University will pay $2.25 million following allegations that it exaggerated graduates’ job and salary prospects. Eric Schneiderman said Tuesday that a settlement also requires the school – which operates locally as DeVry College of New York – to pay $500,000 in penalties and fees. Graduates eligible […]

January 31, 2017

Students

$5M Lawsuit Lodged Against For-profit Nursing School

PORTLAND, Maine — Aspiring registered nurse Stephanie Kourembanas says she first heard of for-profit InterCoast Career Institute through a friend, and liked the nursing program’s rolling admissions policy and its apparent accreditation. But colleges she’s applied to won’t accept her credits, she says in a recently filed federal lawsuit, because the licensed practical nursing program […]

January 25, 2017

Students

Ex-ITT Students Want to be Creditors in Bankruptcy Case

CARMEL, Ind. — Former students of ITT Educational Services Inc. are asking to be considered creditors in the for-profit college operator’s bankruptcy case. The Indianapolis Business Journal reports that five former students filed the motion Tuesday asking that they and thousands of other students be recognized as creditors as the bankruptcy case moves forward. The […]

January 5, 2017

Students

Student Loan Debt for Graduates Up 4 Percent in 2015

When students graduated from college in 2014, those who borrowed money to pay for college owed an average of $28,950. Now the average debt is $30,100 — 4 percent higher — for those who graduated in 2015.

October 17, 2016

Students

Tuition, Debt Increase at Technical Colleges in Wisconsin

APPLETON, Wis. ― Tuition and debt have jumped at Wisconsin’s technical colleges, which are supposed to provide a more affordable option for career training than four-year universities or for-profit schools. The Post-Crescent reported that U.S. Department of Education figures show many tech school students are facing bigger financial challenges than a few years ago. At […]

September 28, 2016

Students

Policy Analysts Propose ‘Rule of 10’ to Refocus on Students’ Financial Needs

Policy analysts unveiled a new paper Tuesday that espouses a “Rule of 10”in an effort to refocus the student financial aid system on student needs and limitations.

July 12, 2016

Students

Restructuring Student Loans May Prove Problematic

While income-based repayment systems for student loans have evidently worked in other countries, implementing such a system on a broad basis here in the United States could prove problematic.

June 14, 2016

Students

Payroll Withholding Offers New Path for Income-Based Repayment by Student Loan Borrowers

Enrolling Americans with student loan debt in an automatic Income-Based Repayment system and automating their repayments through employer payroll withholding has potential, a new policy paper contends.

December 17, 2014