ADVANCING THE CONVERSATION ON DIVERSITY, EQUITY,
AND INCLUSION IN HIGHER EDUCATION AND BEYOND

Tag: student loans

Education Department Announces Major Changes to Public Service Loan Forgiveness Program

The U.S. Department of Education introduced an overhaul Wednesday to the federal Public Service Loan Forgiveness (PSLF) program in an effort to grant debt...

Elizabeth Warren Stalls Biden’s Higher Education Nominee Over Student Loan Policy...

Sen. Elizabeth Warren (D-MA) is actively stalling the confirmation of James Kvaal, President Joe Biden's nominee to oversee higher-education policy, in an effort to...

New Analysis Finds College Students Could Accumulate $37,200 in Loans

Personal finance company NerdWallet recently released an analysis showing that students currently pursuing a bachelor’s degree could graduate with approximately $37,200 in debt. An...

Education Department Cuts Devos’ Formula that Reduced Debt Relief for Defrauded...

The U.S. Department of Education announced during a Thursday press call that it is undoing a Trump-era formula that limited loan forgiveness for students...

Study Finds D.C. Has Highest Student Loan Debt in the Country

Washington, D.C. has the highest balance of student loan debt in the country, according to a Tuesday report from business insurance research company, AdvisorSmith. The...

Joe Biden to Ask Congress to Cancel $10,000 in Student Loan...

President-elect Joe Biden is planning to provide student loan relief by asking Congress to forgive $10,000 in student debt per borrower. Biden will also...

Billionaire Investor to Launch Alternative Student Loan Program for HBCUs This...

In fall 2021, junior and senior STEM college majors at select historically Black colleges and universities (HBCUs) will be eligible for a new student...

Sweepstakes, Game Shows, and Surprise Donations to Pay Off Student Loans...

The 2019 graduating class of Morehouse College reacted with joy and tears of gratitude last week when commencement speaker Robert Smith announced he would...

Higher Education Act, Student Debt Rules Need Reform to Provide Veterinary...

Veterinary medicine scholars are uniquely affected by the student debt crisis, largely due to a higher debt-to-income ratio for veterinarians compared with that of...

New Study Adds to Evidence that African American Student-Borrowers Are Experiencing...

African American college graduates are significantly more likely than their white and Hispanic peers to default on their student loans, according to a report...

Parent PLUS Loan Program Contributes to Racial Wealth Inequality, Report Says

A federal student loan program used by many low-income African American families to finance their children’s postsecondary education is exacerbating wealth inequality in the...

2018 Federal Budget Increases Funds to Higher Education

On Friday, President Donald Trump signed a $3.1 trillion federal spending bill that covers the remaining 2018 fiscal year. It includes several provisions that...

New GOP Tax Plan Places Heavy Financial Burden on Students and...

The new GOP tax plan proposes several cuts to higher education that amount to approximately $65 billion worth of tax benefits for individuals and...

Black and Low-Income Students Struggle the Most to Pay Off Student...

The National Center for Education Statistics (NCES) released a report earlier this month showing that African Americans and students from low-income families struggle the...

Proposed Budget Cuts to Department of Education Have Severe Consequences for...

The words “elimination” and “reduction” dominate President Donald Trump’s proposal for the U.S. Department of Education’s budget in fiscal year 2018. These cuts are...

Women Take on Disproportionate Amount of U.S. Student Loan Debt, Report...

Women made up 56 percent of higher education enrollment in the United States in fall 2016 but hold nearly two-thirds of the country’s $1.3...

Colleges with Largest Endowments Leave Low-Income Students with Most Debt

Many of the nation’s wealthiest private colleges and universities leave their poorest students with heavy debt loads, a ProPublica analysis of new data from...

Student Loan Cohort Default Rate Drops Across All Higher Education Sectors

The U.S. Department of Education announced on Wednesday that the official three-year federal student loan cohort default rate has declined to 11.8 percent for...

Diversity, Mentors Lead to Satisfaction Among Graduates, Poll Shows

In its second annual survey of college graduates, the Gallup-Purdue Index finds that only half of respondents “strongly agree” that their college education was...

Hillary Clinton Announces Plan to Increase Affordability, Improve Access to College

Democratic presidential candidate Hillary Clinton unveiled a $350 billion plan on Monday to make college more affordable in order to ease the financial burden...