Latest Student financial aid News

Editorial Roundup: Mississippi

Jun. 29, 2022 23:54 PM EDT

Greenwood Commonwealth. June 25, 2022. Editorial: Success Mixed On Teen Births As with a lot of indicators about the well-being of people in Mississippi, this state has made significant progress in reducing the number of teen births, but it still has a long way to go....

Settlement would forgive $6B for defrauded college students

Jun. 23, 2022 16:37 PM EDT

The Biden administration has agreed to cancel $6 billion in student loans for about 200,000 former students who say they were defrauded by their colleges, according to a proposed settlement in a Trump-era lawsuit. The agreement filed Wednesday in San Francisco federal court would...

Is 'learn now, pay later' just another student debt trap

Jun. 23, 2022 11:43 AM EDT

The “ buy now, pay later ” transaction is simple: Shoppers are offered an installment loan at the point of purchase, spreading the cost of the product across several payments. They’re often available without a credit check. Buy now, pay later financing has become a go-to...

Dartmouth to eliminate loans for undergraduate students

Jun. 20, 2022 11:51 AM EDT

HANOVER, N.H. (AP) — Dartmouth College is removing all federal and institutional loans from its undergraduate financial aid awards and replacing them with expanded scholarship grants, beginning with the current summer term, the school's president said. Currently, Dartmouth...

This is how a higher Fed rate could affect your finances

Jun. 15, 2022 16:46 PM EDT

WASHINGTON (AP) — Record-low mortgages are long gone. Credit card rates will likely rise. So will the cost of an auto loan. Savers may finally see a noticeable return. The unusually large t hree-quarter point hike in its benchmark short-term rate that the Federal Reserve announced...

Debt wiped for Corinthian students as bigger decisions loom

Jun. 02, 2022 17:51 PM EDT

WASHINGTON (AP) — As college graduates wait to see whether President Joe Biden will wipe out some of their student loan debt, his administration is taking a more limited step to address a fraud scandal at Corinthian Colleges, a for-profit chain that collapsed nearly a decade ago. ...

Former Corinthian students get federal student debt erased

Jun. 01, 2022 18:51 PM EDT

WASHINGTON (AP) — Hundreds of thousands of students who attended the for-profit Corinthian Colleges chain will automatically get their federal student loans canceled, the Biden administration announced Wednesday, a move that aims to bring closure to one of the most notorious cases of fraud in...

Biden administration canceling $5.8 billion in student loans still held by students who attended Corinthian Colleges

Jun. 01, 2022 18:36 PM EDT
WASHINGTON (AP) — Biden administration canceling $5.8 billion in student loans still held by students who attended Corinthian Colleges.

Obama, Airbnb's Brian Chesky launch $100M in scholarships

May. 16, 2022 13:24 PM EDT

NEW YORK (AP) — The co-founder and CEO of Airbnb, Brian Chesky, has donated $100 million to the Obama Foundation to fund scholarships for students pursuing careers in public service and includes multiple stipends for travel. The Voyager Scholarship will grant $50,000 to rising...

Editorial Roundup: New England

May. 06, 2022 07:13 AM EDT

Hearst Connecticut Media. May 3, 2022. Editorial: CT positions itself as an abortion sanctuary An editorial we published on the 25th anniversary of Roe v. Wade in 1998 predicted “the debate over abortion will be just as passionate in 2023 as it was in 1973.” ...