Students say they trust their peers’ advice more than financial advisers’, a new survey found. But experts say students need to do their own research.
Category: Financial Aid (Education)
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Some Borrowers Are Moving Abroad and Abandoning Their Student Loans
The New York Times – Business:A record number of student loan borrowers are in delinquency and default. Some are making the drastic decision to leave the country and abandon their loans.
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Record Number of Student Loan Borrowers Are in Delinquency and Default
The New York Times – Business:Recently released data from the Education Department showed that by the end of last year, 7.7 million borrowers had defaulted on $181 billion in federal student loans.
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Big Changes Are Coming to Student Loans. Here’s What to Know if You’re Struggling.
Millions of borrowers who are behind can expect the government to tighten the options in 2026. Experts say take action now to get help.
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Did Charlie Javice’s 147-Member Legal Team Expense $529 in Gummy Bears?
JPMorgan has had to pay tens of millions in legal costs for the convicted fraudster. It wants the public to see a newly unredacted list of itemized expenses.
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JPMorgan Had to Pay for Charlie Javice’s Legal Fees — and Her Restaurant Bills
When prosecutors accused Charlie Javice of fraud, JPMorgan was forced to pay for her defense. The bank is not happy about her “shocking” spending.
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How Helpful is Niche’s College Cost Comparison Tool?
Niche is the latest company to help families predict what they might pay. If only colleges would do more.
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Republicans Demand Information From the College Board and Firms That Help Set College Prices
In letters to consultants and the College Board, House and Senate Judiciary leaders invoked antitrust law and asked how student data feeds pricing algorithms.
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Charlie Javice Sentenced to 85 Months in Prison for Fraud
A federal jury in March had found Ms. Javice guilty for faking customer lists during JPMorgan Chase’s $175 million acquisition of her start-up.
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Why Won’t Some Colleges Publish Their Common Data Sets?
The Common Data Set can help prospective students know how much aid they could get to pay for college. Why don’t all schools provide it?
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The FAFSA Form Is Coming on Time This Year. For a Change.
The federal form, used to determine financial aid, will be available to the public on Oct. 1. Technical glitches that delayed the form for the past two years are said to have been resolved.
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Good News for College Students: You May See a Dip in Student Loan Rates
A small decline in interest rates on federal loans for next school year is the first in five years. It comes amid turmoil in student loan and financial aid programs.