Student finances

September 05, 2019 - 2:50 pm
The vast majority of applications for a student loan forgiveness program are still being rejected, even after Congress set aside $700 million to temporarily expand it, according to a federal report . The Government Accountability Office said Thursday that the Education Department has created a "...
Read More
President Donald Trump holds up a presidential memorandum that he signed that discharges the federal student loan debt of totally and permanently disabled veterans following his speech at the American Veterans (AMVETS) 75th National Convention in Louisville, Ky., Wednesday, Aug. 21, 2019. (AP Photo/Susan Walsh)
August 21, 2019 - 6:15 pm
LOUISVILLE, Ky. (AP) — Hundreds of millions of dollars in federal student loan debt owed by tens of thousands of disabled military veterans will be erased under a directive President Donald Trump signed Wednesday. Trump ordered the Education Department to "eliminate every penny of federal student...
Read More
In this June 20, 2019, photo a student walks past a mural in the library at Virginia Commonwealth University in Richmond, Va. College students working a summer job likely shouldn’t sweat how it will affect their financial aid: Dependent students can earn up to $6,660 before it increases their expected family contribution, or EFC. (AP Photo/Steve Helber)
July 18, 2019 - 10:30 am
Roughly one-third of teenagers have summer jobs, according to the Pew Research Center. Some of these jobs may make you very familiar with the letters "SPF." But every working student should know a different abbreviation to avoid getting burned: EFC. While you may be working to help pay for college...
Read More
Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., speaks at a campaign house party, Friday, June 14, 2019, in Windham, N.H. Candidates including Sens. Elizabeth Warren and Bernie Sanders have proposed plans to eliminate tuition at public colleges and universities, while former Vice President Joe Biden and others back plans for free community college. (AP Photo/Elise Amendola)
June 16, 2019 - 1:56 pm
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...
Read More
CORRECTS NAME FROM CHASTEN GLEZMAN TO CHASTEN BUTTGIEG FILE - In this May 20, 2019, file photo, Democratic presidential candidate Pete Buttigieg, the mayor of South Bend, Ind., left, is introduced by his husband Chasten Buttigieg, right, during a fundraiser at the Wynwood Walls, in Miami. Buttigieg knows firsthand the burden of six-figure student loan debt. He and his husband have loans of more than $130,000, placing them in the ranks of the 43 million Americans who owe federal student debt.(AP Photo/Lynne Sladky, File)
June 09, 2019 - 3:42 am
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...
Read More
Robert F. Smith, left, laughs with David Thomas, center, and actress Angela Bassett at Morehouse College on Sunday, May 19, 2019, in Atlanta. Smith, a billionaire technology investor and philanthropist, said he will provide grants to wipe out the student debt of the entire graduating class at Morehouse College - an estimated $40 million. Smith, this year's commencement speaker, made the announcement Sunday morning while addressing nearly 400 graduating seniors of the all-male historically black college in Atlanta. (Bo Emerson/Atlanta Journal-Constitution via AP)
May 19, 2019 - 11:40 pm
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...
Read More
In this May 16, 2019, photo, House Speaker Nancy Pelosi of Calif., speaks at the Capitol in Washington. Democrats in the House are poised to approve sweeping anti-discrimination legislation that would extend civil rights protections to LGBT people by prohibiting discrimination based on sexual orientation or gender identity. Dubbed the Equality Act, the bill is a top priority of Pelosi, who said it will bring the nation “closer to equal liberty and justice for all.’’ (AP Photo/J. Scott Applewhite)
May 17, 2019 - 1:07 pm
WASHINGTON (AP) — Democrats in the House approved sweeping anti-discrimination legislation Friday that would extend civil rights protections to LGBT people by prohibiting discrimination based on sexual orientation or gender identity. The protections would extend to employment, housing, loan...
Read More
FILE - In this May 3, 2017, file photo Education Secretary Betsy DeVos speaks during a school choice event in the Roosevelt Room of the White House in Washington. Education advocates say a Trump administration plan to use federal Pell Grant money to fund space exploration would jeopardize aid for future college students and could trigger a budgeting crisis within a few years. (AP Photo/Evan Vucci, File)
May 14, 2019 - 6:42 pm
Education advocates say a Trump administration plan to use federal Pell Grant money to fund space exploration would jeopardize aid for future college students and could trigger a budgeting crisis within just a few years. The plan aims to redirect $1.9 billion from a Pell Grant surplus to jumpstart...
Read More
FILE - In this Wednesday, April 10, 2019, file photo, Education Secretary Betsy DeVos testifies before the House Education and Labor Committee on Capitol Hill in Washington. A political battle is reheating over a federal program that was designed to cancel student loans for certain public workers but has largely failed to deliver that promise. The program, Public Service Loan Forgiveness, promises to erase federal student loans for public workers who make 10 years of payments while working for approved employers. (AP Photo/Manuel Balce Ceneta, File)
April 29, 2019 - 5:57 am
In 2007, the U.S. government made a promise to public service workers: Make 10 years of payments on their federal student loans and any remaining debt would be erased. But officials have largely failed to deliver. And that's left lawmakers questioning whether to end the program or try to fix it...
Read More
In this Sunday, March 24, 2019 photo a passer-by walks on a pedestrian walkway, in Boston's Seaport district. At the end of 2018, 18- to 29-year-olds carried over $1 trillion in debt, according to the Federal Reserve. That’s the highest level since 2007. “Understanding your options and making a plan is imperative,” says Billy Hensley, CEO of the National Endowment for Financial Education. “Anyone doing that is going in the right direction.” (AP Photo/Steven Senne)
March 26, 2019 - 9:05 am
The saying that debt is easy to get into and hard to get out of hits home for younger Americans: At the end of 2018, 18- to 29-year-olds carried over $1 trillion in debt, according to the Federal Reserve. That's the highest level since 2007. "Understanding your options and making a plan is...
Read More

Pages