student loans goverment

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....

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.

American colleges took in $83 million from credit 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 (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's second-largest student lender, after Sallie...

When it comes to paying off student loans, desperate times call for desperate measures. That's the growing sentiment among cash-strapped Americans throughout the country who are taking drastic steps to eliminate college debt. The typical U.S. college graduate now leaves school with more than...

The combination of soaring student debt loads and a tough job market has a lot of companies and colleges looking to help students who are struggling financially.BridgeSpan Financial introduced a cynical new product called SafeStart this week and let me tell you: It is horrible. Here's how it works....