Latest Student finances News

Teachers union sues DeVos over embattled loan relief program

Jul. 11, 2019 6:37 PM EDT

One of the nation's largest teachers' unions sued the U.S. Education Department on Thursday over a federal program that promises to forgive student loans for public workers but has been beset by problems. The American Federation of Teachers filed a federal lawsuit in Washington alleging that the department has...

Supreme Court to review Montana school choice program

Jun. 28, 2019 5:50 PM EDT

WASHINGTON (AP) — The Supreme Court will consider reviving a Montana program that gives tax credits to people who donate to private-school scholarships. The state's highest court had struck down the program because it violated the Montana constitution's ban on state aid to religious organizations. The...

2020 race brings free college back to the national stage

Jun. 16, 2019 1:57 PM EDT

After receding from the national stage, the free college movement is resurfacing as a central rallying point for Democrats as they set their sights on the White House. At least 18 of the party's 23 presidential contenders have come out in support of some version of free college . Sen. Elizabeth Warren of...

DOJ supports lawsuit demanding religious tuition payments

Jun. 11, 2019 5:13 PM EDT

PORTLAND, Maine (AP) — The U.S. Department of Justice is backing three families who are suing to force the state of Maine to pay tuition for some students to attend religious high schools. The "Statement of Interest" filed Monday supports a lawsuit that targets the state's longstanding tuition policy for...

Buttigieg's high college debt draws attention to the issue

Jun. 9, 2019 7:20 AM EDT

PROVIDENCE, R.I. (AP) — Democratic presidential candidate Pete Buttigieg knows firsthand the burden of six-figure student loan debt. He and his husband, Chasten, are far from alone, though, and their personal college indebtedness is helping to keep the issue on the national stage. With loans totaling more...

Missouri students suing for-profit college for false claims

Jun. 6, 2019 7:27 PM EDT

KANSAS CITY, Mo. (AP) — Two former Missouri college students are suing a for-profit school, alleging they were deceived into borrowing thousands of dollars in student loans with false assurances about the quality of the education and their job prospects after graduation. Shayanne Bowman, of Lee's Summit,...

Virginia Tech wants to pay inbound class to delay attendance

May. 30, 2019 8:33 AM EDT

BLACKSBURG, Va. (AP) — Virginia Tech wants to pay incoming in-state students to delay their start date and not attend the university for up to a year. The Roanoke Times reports the school budgeted $3.3 million to quell the expected 7,500-student freshman class, which officials have said would strain the...

Millennial Money: Making 'good enough' choices can pay off

May. 28, 2019 11:28 AM EDT

Sometimes good enough is good enough. In a world of information overload, it's common to feel angst when making choices. You never know whether you're making the best one. Call it optimizer guilt. And it can be especially prominent in choosing financial products, which can be opaque and confusing: Do I have the...

Speaker stuns 2019 Morehouse grads, to pay off student debt

May. 19, 2019 11:40 PM EDT

A billionaire technology investor stunned the entire graduating class at Morehouse College when he announced at their commencement Sunday that he would pay off their student loans __ estimated at up to $40 million. Robert F. Smith, this year's commencement speaker, made the announcement while addressing nearly...