Tag: student loans

May 1, 2024

The Art Institutes — which at one time had more than 50 locations — closed its eight remaining colleges last fall following several troubled years.. The first Art Institute was founded in Pittsburgh in 1921 and was acquired by Education […]

December 1, 2022

New America Foundation has released a report, “In Default and Left Behind,” based on focus group interviews with 50 borrowers who went into default on their student loans before the pandemic. “Before they defaulted, many did not receive the benefits […]

November 29, 2022

College pricing can devolve into an opaque mix of terminology — tuition, fees, net price, funded financial aid, unfunded financial aid, federal student loans, private student loans, scholarships, grants, work-study — contributing to a system that even higher education experts […]

June 21, 2022

Colleges that have dropped loan requirements argue that doing so helps recruit more students from low-income backgrounds, as they would otherwise pay high tuition and fees. No-loan practices have been shown to help those from modest means, to an extent. […]

August 27, 2021

The Department of Education is providing closed-school discharges to 115,000 borrowers who attended the now-defunct ITT Technical Institute, canceling more than $1.1 billion in student loans. The department said Thursday that the decision was based on “a new review of […]

August 16, 2021

The Department of Education is planning to continue addressing reforms to the administration of the student loan program — based partly on the input of two Democratic senators, according to a letter sent by Secretary of Education Miguel Cardona earlier […]

November 1, 2018

At a time of economic growth, low unemployment, and high demand for workers, a survey released on Thursday suggests that at least some student-loan debtors are not seeing that rosy scenario. The survey, conducted by Student Debt Crisis, an advocacy […]

June 1, 2017

The departure last week of James W. Runcie, who was chief operating officer of the Federal Student Aid office in the U.S. Education Department, sparked headlines — but one paragraph in his resignation letter flew relatively under the radar. Mr. […]

May 30, 2017

Whether the speaker at your college graduation is the Apple chief executive Tim Cook (M.I.T.) or the actress Eva Longoria (Knox College), the event signals the end of your undergraduate career — and moves you that much closer to having […]