Latest Student financial aid News

AP FACT CHECK: Claims from the Democratic debate

Nov. 21, 2019 12:15 AM EST

WASHINGTON (AP) — Ten Democrats seeking the presidency vied for advantage Wednesday night in a debate just over two months before the primary voting begins. How some of their claims from Atlanta stack up with the facts: BERNIE SANDERS: “What the scientists are telling us is if we don’t get...

These employers chip in on your student loans

Nov. 14, 2019 12:11 PM EST

Trilogy Health Services, a Louisville, Kentucky-based operator of senior living facilities, has paid $100 a month toward each eligible worker’s student loans over the past four years. Its total outlay: roughly $3 million. That money has made a big difference for Trilogy’s nurses, therapists and...

Millennial Money: You lost your job. Now what?

Nov. 12, 2019 10:01 AM EST

It doesn't matter if you were fired or laid off, whether you saw it coming or were completely blindsided: Losing your job is disorienting. You'll feel like you're in a fog. And yet, in that fog you still need to answer some important questions: How will you pay rent? Put gas in your car? What about your student...

Champion hunter's winnings to go toward wife's student loans

Nov. 11, 2019 5:40 AM EST

ASHFORD, W.Va. (AP) — A West Virginia school teacher who won $50,000 in a hunting competition says he plans to use the winnings to pay off his wife's student loans. The Charleston Gazette-Mail reports Andrew Lowe bagged a Kansas buck this fall that earned him first place in the inaugural Bone Collector...

Facing lawsuit, DeVos erases student loans for 1,500

Nov. 8, 2019 6:31 PM EST

Facing a federal lawsuit and mounting criticism, Education Secretary Betsy DeVos on Friday said she will forgive certain student loans for more than 1,500 borrowers who attended a pair of for-profit colleges that shut down last year. Students who attended the Art Institute of Colorado and the Illinois Institute...

Consumer borrowing rises, led by more auto and student loans

Nov. 7, 2019 5:09 PM EST

WASHINGTON (AP) — Consumer borrowing rose in September at a modest pace, driven by more student and auto loans, though a category that mostly includes credit cards fell for the second straight month. The Federal Reserve said Thursday that overall consumer borrowing increased 2.8% to $4.15 trillion. A...

More employers offer workers help paying off student loans

Oct. 29, 2019 1:49 PM EDT

Americans collectively owe nearly $1.5 trillion in student loans — more than twice the total a decade ago. It's a burden that weighs on millions of adults, shaping their life choices and often stunting their financial growth. Now a small but growing number of employers are stepping in to help. About 8% of...

Study: Few Michigan residents try to get convictions erased

Oct. 27, 2019 10:49 AM EDT

LANSING, Mich. (AP) — Few Michigan residents are taking advantage of a legal option that allows people to erase their criminal convictions, even though an expungement can open doors to housing, student loans and employment, a study has found. A University of Michigan law school study estimated that 6.5% of...

DeVos held in contempt of court in loan forgiveness dispute

Oct. 25, 2019 3:40 PM EDT

WASHINGTON (AP) — Education Secretary Betsy DeVos was held in contempt of court after a federal judge said she violated an earlier order to stop collecting loans from former students of a defunct for-profit college chain. U.S. Magistrate Judge Sallie Kim issued the ruling Thursday in San Francisco, saying...

Editorials from around Pennsylvania

Oct. 23, 2019 4:40 PM EDT

Recent editorials of statewide and national interest from Pennsylvania's newspapers: Gov. Wolf should step on the gas to clean up PA's power sector, labeled the 5th dirtiest in the nation Harrisburg Patriot News/Pennlive.com Oct. 20 Now that Gov. Tom Wolf has signed an executive order for Pennsylvania to join...