student loans goverment

For-Profit Colleges Could Lose Federal Aid

Some for-profit colleges may lose access to U.S. government aid as the Department of Education works to improve oversight of the sector. Colleges that pay recruiters based on how many students they sign up could be disqualified from participating in federal-aid programs, Bloomberg News reported. The student aid is worth $26.5 billion and can account for as much as 90% of company revenue.

College Finance: Why Student Loans Should Be Pay as You Go

President Obama's national deficit panel sparked an uproar from student advocates with its proposal to end the in-school interest subsidy on school loans. I'd go even further, and end the deferral of repayment until after graduation. Here's why.

Are Student Credit Cards Really That Big of a Deal?

card companies, leading some to wonder if college students are being exploited by the industry. But here are the real numbers: The average college student graduates with about $4,100 in credit card debt, and $24,000 in student loans. Which is the bigger problem?

Citigroup May Sell Student Loan Corp. to Sallie Mae Consortium

Citigroup (C) plans to sell its student-lending unit Student Loan Corp. to a consortium including Sallie Mae as early as today, The New York Post reported. Citigroup owns 80% of the company, with another 20% being publicly traded. It is the country%u2019s second-largest student lender, after Sallie Mae.