Inside Higher Education published a great piece on understanding "financial aid speak" from college financial aid offices. To the average parent, it can feel like college financial aid representatives are…
Read article: Decoding the language of financial aidOn Wednesday, July 31, 2013, the U.S. House of Representatives gave final passage to a compromised bill for student loan interest rates and the president is expected to sign. For…
Read article: House passes student loan interest rate fixThe good news? The government has finally come to an agreement on student loan interest rates and agreed to lower rates through the 2015 academic year. The bad news?After 2015,…
Read article: Senators (finally) reach deal on student loan ratesAs student loan debt tops $1 trillion dollars, the outcry to reduce student loan interest rates and help those already in debt grows stronger. In this video from Politico, Sen. Richard…
Read article: “We need to have a different concept of higher education”Today, the Senate failed once again to implement a one-year, retroactive fix that would keep rates at 3.4 percent on federal subsidized Stafford loans made from July 1, 2013, to…
Read article: Student loan vote fails Senate again, sticking borrowers with higher ratesThis commentary from the NY Post sums up the real way Congress has failed students perfectly. The problem is not just that Congress has hurt students by failing to keep…
Read article: Student loan interest rates aren’t the problemFunding for federal student aid programs was first authorized in the 1960s and 1970s and has increased dramatically to keep up with the skyrocketing costs of college. Yet, despite this…
Read article: The trillion dollar question: Reinventing student financial aid for the 21st centuryIn this insightful article from the Star-Tribune, writer Chris Farrell compares current student loan borrowers to the pilgrims that settled in Plymouth Bay in 1620. These pilgrims were backed by London merchant…
Read article: Are student loan borrowers the new pilgrims?Government representatives have recently made several proposals to prevent the interest rates on federal subsidized Stafford student loans from doubling to 6.8% on July 1. But it turns out that…
Read article: Student loan compromise by Democrats would raise borrowing costsWith the cost of college skyrocketing over the past 30 years, taking out student loans has become a necessary evil for many students to attend college. The problem is, many…
Read article: Don’t major in debt