Latest Student finances News

FILE - In this May 10, 2019, file photo, Bowling Green's Neil Lambert bats during the team's NCAA college baseball game against Kent Sate in Bowling Green, Ohio. Bowling Green recently announced that it is dropping baseball. Colleges mulling whether to cut sports amid the coronavirus pandemic must ensure they remain compliant with the federal civil-rights law known as Title IX, which requires the equitable treatment of remaining men's and women's programs. (AP Photo/Rick Osentoski, File)

Title IX major factor for colleges looking at sports cuts

May. 27, 2020 4:14 PM EDT

Financially challenged schools considering cutting sports in the wake of the coronavirus pandemic are making difficult decisions of who gets to keep playing and who doesn't. The choices aren't just about money when they involve women's sports. And while Title IX doesn't prevent women's sports from being...

The Latest: Japan ending state of emergency in 3 prefectures

May. 21, 2020 1:30 AM EDT

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Japan approves lifting state of emergency in three...

FILE  - In this Dec. 8, 1938 file photo, Cambridge University students sit during a lecture in Cambridge, England. Cambridge has become the first university in Britain to cancel all face-to-face lectures for the 2020-21 academic year because of the coronavirus pandemic, after 800 years welcoming students to its cloisters, quadrangles and classrooms. (AP Photo, File)

Cambridge University scraps in-person lectures for 2020-2021

May. 20, 2020 10:33 AM EDT

LONDON (AP) — Cambridge has become the first university in Britain to cancel all face-to-face lectures for the 2020-21 academic year because of the coronavirus pandemic, after 800 years of welcoming students to its cloisters, quadrangles and classrooms. It likely won’t be the last, as the virus...

FILE - In this Aug. 13, 2019, file photo, students walk past the statue of John Harvard in Harvard Yard at Harvard University in Cambridge, Mass. U.S. Education Secretary Betsy DeVos on Wednesday, April 22, 2020, urged the nation's richest colleges, including Harvard, to reject federal funding that was allotted to them in the government's multi-trillion dollar coronavirus rescue package. (AP Photo/Charles Krupa, File)

Under pressure, Harvard says it will reject US relief aid

Apr. 22, 2020 10:26 PM EDT

CAMBRIDGE, Mass. (AP) — Harvard University announced Wednesday it will turn down $8.7 million in federal coronavirus relief, a day after President Donald Trump excoriated the wealthy Ivy League school over taxpayer money it stood to receive. Similar action was taken at Stanford, Princeton and Yale...

FILE - In this June 20, 2019, file photo students walk around a RAMS sign at Virginia Commonwealth University in Richmond, Va. Families with 529 college savings plans may have seen their totals tumble due to recent economic events caused by the coronavirus pandemic. But that downturn also has interest rates on undergraduate federal student loans potentially decreasing to less than 3%, the lowest rate in more than 15 years.  (AP Photo/Steve Helber, File)

Should college savers opt for student loans this fall?

Apr. 16, 2020 7:24 AM EDT

Undergraduate federal student loan interest rates could fall below 3% for the first time in more than 15 years this July, based on the most recent 10-year Treasury note auction. At the same time, parents with 529 college savings plans may have seen their account balances tumble during the coronavirus pandemic. ...

FILE - In this March 27, 2020, file photo, Education Secretary Betsy DeVos speaks about the coronavirus in the James Brady Press Briefing Room in Washington. The U.S. Education Department is promising to process student loan forgiveness claims for nearly 170,000 borrowers within 18 months as part of a proposed settlement announced Friday in a federal lawsuit filed in California. The lawsuit alleged that DeVos illegally stalled a program known as borrower defense to repayment, which forgives federal student loans for borrowers who are cheated by their colleges. (AP Photo/Alex Brandon, File)

DeVos reaches settlement in lawsuit over loan relief program

Apr. 10, 2020 5:11 PM EDT

The U.S. Education Department is promising to process student loan forgiveness claims for nearly 170,000 borrowers within 18 months as part of a proposed settlement announced Friday in a federal lawsuit. The suit alleges that Education Secretary Betsy DeVos illegally stalled a program known as borrower defense to...