In a country where rising student debt grabs national headlines, efforts to make college “free” can also get attention. In truth, a large part of tuition costs are already subsidized in the U.S. through a combination of grants, tax breaks and loans. What causes waves is the ever-increasing sticker price, rather than what students actually pay.
Before Trump turned the Republican nominating contest into a battle of boasts and bullying, right-wing extremists had dominated the party. Their platform, not surprisingly, goes even further to the right than what’s even been heard from Trump.
After a few congressional tweaks, it’s worth it to explore the credits and deductions you could be missing.
Consolidation is not a straightforward decision. You have to think beyond simplicity to how a new loan might affect your finances over time.
By Maura Lerner, Star Tribune (Minneapolis) MINNEAPOLIS — Ashley Hall remembers clicking “yes” on the loan application and, inexplicably, laughing. Maybe it’s because the number seemed so surreal. Or because no one else in her family had done this before. But there she was, borrowing nearly $75,000. For her first year of veterinary school at […]
WASHINGTON — What if they held an election and nobody talked about how to improve people’s lives? The 2014 campaign is being waged against a backdrop of national news dominated by everything except the core economic worries of most Americans. Benghazi and Sgt. Bowe Bergdahl have been getting more attention than job opportunities and student […]
By Stephanie Haven, McClatchy Washington Bureau WASHINGTON — Divided along mostly partisan lines, the Senate refused Wednesday to take up a Democrat-backed bill that would have enabled individuals to refinance existing student loans to the lower interest rate Congress approved last year for new borrowers. Among the roadblocks: Democrats proposed paying the $55.6 billion price for […]
By Christi Parsons, Tribune Washington Bureau WASHINGTON — President Barack Obama on Monday signed an executive order that lets millions of college graduates cap their student loan payments at 10 percent of their income, a move he says will help “open the doors of opportunity for all.” By amending student loan regulations to put the […]
by Marian Wang, ProPublica. Parents are increasingly struggling to repay federal loans they’ve taken out to help cover their children’s college costs, according to newly released federal data. The Parent Plus program allows parents to take out essentially uncapped amounts to cover college costs, regardless of the borrower’s income or ability to repay the loan. […]