On Wednesday, July 31, 2013, the U.S. House gave final passage to a compromised bill for student loan interest rates. The president signed it into law on August 9, 2013.…
Read article: A breakdown of the new student loan lawOn August 9, President Obama signed into law the student loan deal that lowers rates on new federal student loans. There's still more work to be done to make college…
Read article: 6 things you should know about the new student loan ratesInside 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”After adjusting for inflation, students are borrowing twice the amount they borrowed a year ago. Congress' recent neglect to keep student loan interest rates from doubling to 6.8% could cost…
Read article: Millennials: a generation in debtToday, 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 problemDid you know over 2.2 million adults over age 60 in the U.S. have student loan debt? Despite being painted as strictly a problem for young adults, the average debt…
Read article: Student loan debt: as American as apple pie