Latest Education costs News

U.S. Secretary of Education Betsy DeVos speaks Thursday, Oct. 15, 2020, at the Phoenix International Academy in Phoenix. (AP Photo/Matt York)

Judge slams DeVos for rejecting 94% of loan relief claims

Oct. 21, 2020 2:15 PM EDT

Months after vowing to process a backlog of 160,000 requests for loan forgiveness from students who say they were defrauded by their schools, the U.S. Education Department has rejected 94% of claims it has reviewed, according to a federal judge who is demanding justification for the “blistering...

Robert and Dorothy Brockman attend an intimate al fresco dinner celebrating the Rice University groundbreaking of James Turrell's Rice University Skyspace project at the home of Phoebe and Bobby Tudor, Tuesday evening, May 17, 2011, in Houston. Federal prosecutors have charged Texas billionaire Robert Brockman in a $2 billion tax fraud scheme that they say is the largest such case against an American. (Dave Rossman/Houston Chronicle via AP)

DOJ charges Texas billionaire in $2 billion tax fraud scheme

Oct. 15, 2020 6:58 PM EDT

SAN FRANCISCO (AP) — Federal prosecutors charged Texas billionaire Robert Brockman on Thursday with a $2 billion tax fraud scheme in what they say is the largest such case against an American. Department of Justice officials said at a news conference that Brockman, 79, hid capital gains income over 20...

FILE - In this April 23, 2020, file photo,  a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak, is displayed in San Antonio. Stimulus checks, paused student loan payments and the need to stay at home may have helped you cut back on your debt for the first time. Keep that momentum going and take control of your finances. (AP Photo/Eric Gay, File)

Millennial Money: Use a crisis to build helpful money habits

Oct. 13, 2020 7:11 AM EDT

As millennials, we’ve learned about money the hard way. From the Great Recession to stratospheric student loan debt to a pandemic, there’s been no shortage of life giving us lemons. While the long-term economic effects of the pandemic are yet to be fully realized, you may have noticed one positive...

Missouri S&T announces 'transformative' $300 million gift

Oct. 12, 2020 10:27 AM EDT

ROLLA, Mo. (AP) — A St. Louis businessman and his wife have donated $300 million to a foundation to support Missouri University of Science and Technology in what the university said is believed to be the largest single gift to a higher education institution in Missouri. The school announced the gift Monday...

FILE - In this May 17, 2018, file photo, new graduates line up before the start of the Bergen Community College commencement at MetLife Stadium in East Rutherford, N.J. Many new college graduates are struggling to find work as their first student loan payments loom on the horizon. Fewer entry-level jobs are available during the pandemic, and unemployment benefits typically aren’t accessible. (AP Photo/Seth Wenig, File)

How to handle college loan debt as an unemployed recent grad

Oct. 7, 2020 7:01 AM EDT

Entry-level jobs are scarce for recent college graduates, which leaves the Class of 2020 in a precarious position as their student loan debt comes due. Taylor Cabrera has been job-hunting for months since graduating from the University of Mississippi last spring with dual bachelor’s degrees in biology and...

FILE - In this Sept. 19, 2020 file photo, a man looks at his phone while sitting in a park at twilight  in Kansas City, Mo. Has the whirlwind of 2020 left you with whiplash? Maybe you feel like the whole world is uncertain. While there is a lot that’s beyond your control, you can take steps to put your finances on more stable ground. Start by understanding what financial stability means to you.  (AP Photo/Charlie Riedel, File)

Millennial Money: Create financial stability in shaky times

Oct. 6, 2020 7:33 AM EDT

In a year that has thrown a pandemic, natural disasters and economic calamity at us while we lurch closer to a presidential election, stability can feel elusive. No matter how well laid your plans, some new crisis might be lurking around the corner, waiting to upend your life. While it’s never been more...

Georgia quarterback Stetson Bennett looks for a receiver during the second half of the team's NCAA college football game against Auburn, Saturday, Oct. 3, 2020, in Athens, Ga. (AP Photo/Brynn Anderson)

After bumpy road, The Mailman delivers for No. 3 Georgia

Oct. 5, 2020 10:06 PM EDT

ATHENS, Ga. (AP) — Stetson Bennett certainly has a sense of comedic timing. Asked if he really expected to become Georgia's starting quarterback when he arrived in Athens, Bennett quipped, “Which time?” Which time, indeed. After Bennett walked on at Georgia in 2017, his hopes of working his...

U.S. Sen. Lindsey Graham faces off in the South Carolina U.S. Senate debate with challenger Jaime Harrison at Allen University in Columbia, S.C., Saturday, Oct. 3, 2020. (Joshua Boucher/The State via AP)

Graham, Harrison both tout bipartisanship in 1st SC matchup

Oct. 3, 2020 10:46 PM EDT

COLUMBIA, S.C. (AP) — In their first debate in a race that has shattered fundraising records and become among the more closely watched Senate contests of this cycle, U.S. Sen. Lindsey Graham of South Carolina and Democratic challenger Jaime Harrison drew multiple contrasts between their campaigns but also...

Emad Abdeljawwad sells grilled hot dogs and beverages out of a converted van in the West Bank city of Ramallah, Wednesday, Sept. 23, 2020. With dine-in restaurants mostly closed due to health restrictions, food trucks have allowed entrepreneurial palestinian businessmen to find a way to keep working. (AP Photo/Nasser Nasser)

Food trucks provide rare bright spot in hard-hit West Bank

Sep. 28, 2020 2:05 AM EDT

RAMALLAH, West Bank (AP) — The coronavirus crisis has hit West Bank restaurants hard. But one part of the dining sector is bucking the trend: food trucks. With dine-in restaurants mostly closed due to health restrictions, food trucks have allowed entrepreneurial businessmen to find a way to keep working....

Democratic presidential candidate and former Vice President Joe Biden speaks about climate change and wildfires affecting western states, Monday, Sept. 14, 2020, in Wilmington, Del. (AP Photo/Patrick Semansky)

The Latest: Biden vows to 'restore dignity for everyone'

Sep. 14, 2020 8:33 PM EDT

WASHINGTON (AP) — The Latest on the U.S. presidential campaign (all times local): 8:20 p.m. Democratic presidential nominee Joe Biden is promising to “restore dignity for everyone, especially the poor” if he defeats President Donald Trump in November. Biden made his pledge Monday to an online...