Latest Student loans News

Students keep driving protests demanding change in Chile

Dec. 8, 2019 12:01 AM EST

SANTIAGO, Chile (AP) — Nearly two months ago, Catalina Santana jumped a turnstile in the Santiago metro and helped launch a movement that changed the course of Chilean history. Student protests over a fare hike morphed into a nationwide call for socioeconomic equality and better social services that...

Correction: CNS-Student Debt story

Dec. 7, 2019 11:15 AM EST

A Dec. 5 correction to a Capital News Service story that ran Dec. 3 about student loan debt incorrectly said the interest rate for federal student loans increased by 10.3% in 2019. The interest rate decreased by 10.3%. The correction also said federal student loans are usually based on financial need. While...

Correction: NerdWallet-These Employers Pay story

Dec. 6, 2019 3:38 PM EST

In a story Nov. 14 about companies’ student loan repayment help, The Associated Press — in an article supplied by the personal finance website NerdWallet — reported erroneously what Raytheon employees can receive through the program. The program does not allow employees to use the company...

DeVos calls for making financial aid unit a separate agency

Dec. 3, 2019 4:24 PM EST

Education Secretary Betsy DeVos says Congress should consider splitting her department’s financial aid operation into a separate federal agency with the flexibility to operate like a private bank. DeVos made the comments Tuesday in Reno, Nevada, at an annual conference hosted by the Education...

Editorials from around New England

Nov. 29, 2019 11:42 AM EST

Editorials from around New England: CONNECTICUT Protest put sports in proper perspective The Connecticut Post Nov. 27 On this much, everyone can agree. When it comes to the halftime protest at the 2019 Harvard-Yale football game, the protesters chose their time and venue well. Students and other activists drew...

What to do when your first student loan payment is due

Nov. 28, 2019 9:01 AM EST

The first student loan bills are arriving for the Class of 2019. If the grads are able to stick to the standard plan, they'll make payments every month for the next 10 years and be done with it. But not all borrowers will knock out their loans so quickly. Among federal loan borrowers who began taking on debt in...

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...

Millennial Money: Vanquish these 5 financial fears

Oct. 22, 2019 10:32 AM EDT

Fear can consume you. The anxiety of the unknown can drive you to pull the blanket over your head, whether you're worried about a rustling sound outside your bedroom window or that you won't have enough retirement savings. Financial fears — not wanting to check your credit, confront your debt or even...