What would you prefer: getting a tax break via the American Opportunity Tax Credit program or getting a Pell Grant for your college education? This is an important question, as the American Opportunity Tax Credit program would be phased out if Stephen Burd of Education Sector has his way. Burd [...]
So the Grand Old Party (aka the Republican Party) has blocked a Democratic bill to keep interest rates for student loans at 3.4%. Even if the Republicans say they do not wish to see interest rates double, they simply do not agree with the Democrats on how to finance the [...]
So the Democrats and Republicans have started throwing the first barbs about how to keep student loan interest rates at 3.4%. No surprise there, although it is still good news for college students that won’t see a rise in their interest payments. What we really need, however, is a comprehensive [...]
Let’s face it: the Free Application for Federal Student Aid can be a daunting piece of paperwork to fill out. There are so many questions steeped in legal and financial jargon that it can scare off a good number of people from applying – especially when you take the penalties [...]
Student loans were once the greatest things to happen for the average American. You get the opportunity to study a degree and then pay back the loan once you get a job. It should have stayed that way for a long time to come. Then things changed. Student loans became [...]
The millions of students graduating in 2012 are going to be in for a very rough time, especially since almost half of all graduates are either unemployed or working in positions that don’t completely use the skills they learned in college. We are finding more and more college grads working [...]
So student loan debt has reached in excess of $1 trillion. What are our presidential hopefuls going to do about it? Obama is proposing a whole truckload of reforms and easy repayment schemes for student loans. Romney is focusing on getting more jobs to the economy. Santorum is promoting for-profit [...]
Here’s a bit of good news: the federal government has now made it possible for anyone to check the FAFSA completion rates of high schools via the FAFSA Data Center. The Free Application for Federal Student Aid is one of the most useful financial tools at the disposal of the [...]
Two-term presidential hopeful Barack Obama is campaigning strongly for student loan interest rates to stay at the current 3.4% instead of letting it shoot up to its old rate of 6.8%. At least for one year, according to the White House. This proposal is indeed a welcome one for students [...]
Schools should be concerned with educating their students and giving them a future – not on advertising themselves like used car salesmen. This is the argument that Senators Tom Harkin (D-Iowa) and Kay Hagan (D-N.C.) use in a new proposition to restrict for-profit universities from spending federal money on marketing [...]