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student loans

Higher ed’s hefty price tag forces students to reconsider its value

College leaders need to communicate the true cost of a college degree, a new report declares. Here's where your potential applicants need more understanding.

Biden moves back on the offensive on student loans, targets “runaway interest”

President Joe Biden is following through with a plan B to alleviate the country's student loan crisis, pivoting away from blanket relief for all borrowers to focus on those struggling with growing balances.

Grand Canyon University, Feds rumble after for-profit slapped with $38 million lawsuit

"I've talked to literally thousands of people in group and individual settings, and I'm getting the same message: This is government overreach, this is the weaponization of a department that has an opinion that isn't shared by anybody else," GCU President Brian Mueller said.

One in three grad schools leave students with more debt than when they started

The HEA Group and Student Defense found that graduate schools leave students with over $100 million more in debt than what they entered repayment with.

More than 80% of students are at least as stressed as last year with fall semester looming

The Supreme Court's rulings this summer had strong implications for a recent survey by TimelyCare. More than half of students reported stress or anxiety around its decisions on striking down affirmative action (53%) and denying Biden's student loan forgiveness (60%). Students submitted responses in July 2023, when the rulings were still top of mind.

Public confidence in higher education plummets by 20% in 8 years

Confidence in the higher education system has dropped by double-digit numbers among all groups, except for Democrats, who were one point shy, Gallup found.

How colleges can leverage time to lower costs and improve student success

As college prices rise, there is one issue affecting the cost of college that neither side can argue with and which postsecondary institutions can readily address: Time.

Education espionage: FSA “secret shoppers” to monitor higher ed for unethical practices

“Schools that engage in fraud or misconduct are on notice that we may be listening, and they should clean up accordingly,” said Kristen Donoghue, FSA’s chief enforcement officer in the Department's announcement.

For-profit colleges, be warned: DOE is set to hold leaders personally liable for reckless spending

To curb the deepening student loan crisis, the Department of Education aims to impede the abuse of federal funding at for-profit colleges by forcing school leaders to assume personal liability for unpaid institutional debt.

1 in 6 college students are literally gambling with their financial aid

Also concerning is that nearly a third of college gamblers reported spending less on food or running up credit card debt to fund their gambling habits.

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