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Stories Tagged as

Student loans

Rates on Treasury notes just went up. So will the cost of federal student loans.

by Stephanie Hughes
May 11, 2022
Interest on new federal student loans is based on the 10-year Treasury yield. The pause on repayments will end Aug. 31.
Federal student loans will be getting more expensive as interest rates rise.
Jon Cherry/Getty Images
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"Canceling student debt is the quickest way to narrow the racial wealth gap"

by Amy Scott and Richard Cunningham
Apr 20, 2022
Proposals to reform the federal student loan system shed light on the relationship between student debt and economic inequality. UCLA's Hannah Appel joins us to discuss.
Borrowers owe more than $1.7 trillion in student loans, and those debts can delay major financial decisions.
Leigh Vogel/Getty Images for MoveOn & Debt Collective
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Stress persists 2 years into the pandemic economy

by Andie Corban and Kai Ryssdal
Mar 11, 2022
We talked with two people who were out of work in March 2020 about how the pandemic has affected their personal economies.
Life has changed: People continue to grapple with new economic conditions, including higher prices.
Jeenah Moon/Getty Images
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Community colleges hit hardest by higher-ed enrollment slump

by Samantha Fields
Jan 17, 2022
Low-income students are facing bigger barriers due to pandemic-related hardships.
COVID-19 has exacerbated some of the barriers low-income and first-generation students face when applying to college.
FatCamera/Getty Images
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What might the extended pause on federal student loan repayment mean for borrowers?

by Samantha Fields
Dec 23, 2021
The Biden administration says there are more than 40 million people with outstanding student loan debt.
The Supreme Court struck down President Joe Biden's loan forgiveness plan, but the Biden administration has announced some remedies that will provide some borrowers with relief.
zimmytws via Getty Images
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What will a $10,000 gift mean for students at Meharry Medical College?

by Blake Farmer
Dec 22, 2021
Students can use the money any way they want, but it could help them reduce debt, and pay for living costs.
Meharry master's student Andreas Nelson said being given $10,000 means the school trusts students to use the money in ways useful to them. Nelson hopes to attend dental school, which leaves the average Meharry student with $280,000 in loans.
Blake Farmer/WPLN News
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Payments and interest on federal student loans set to resume after nearly 2 years

by Samantha Fields
Dec 20, 2021
More than 40 million borrowers with federal student loans have had a respite through the pandemic. That ends Jan. 31.
Activists hold festive signs calling on President Joe Biden to cancel student debt.
Paul Morigi/Getty Images for We, The 45 Million
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EU student exodus may not hurt British universities after all

by Stephen Beard
Aug 11, 2021
Fewer EU students in the U.K. may bring some financial benefits to British universities but it raises some political concerns, too.
EU applicants to U.K. schools have dropped dramatically following Brexit and a steep rise in tuition fees. Above, a student walks on the University of Glasgow campus in Scotland in September 2020.
Andy Buchanan/AFP via Getty Images
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One of the nation's biggest student loan servicers is pulling out. Where does that leave borrowers?

by Andy Uhler
Jul 12, 2021
Seth Frotman, executive director of the Student Borrower Protection Center, says all student borrowers should be taking steps to protect themselves at this time.
Graduating students arrive for the Columbia University 2016 commencement ceremony in New York.
Timothy A. Clary/AFP via Getty Images
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A gift left the Morehouse Class of '19 debt-free. Here's how it's changing their lives.

by Samantha Fields
May 13, 2021
Billionaire investor Robert F. Smith paid off their student loans. Now they're trying to pay their good fortune forward.
Elijah Dormeus is “literally still in awe of the love that was given to the class, all 400 of us.” Above, Dormeus is surrounded by his family at his Morehouse graduation in 2019.
Courtesy Elijah Dormeus
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