Federal Reserve Bank Study: How young Americans view the value of a college degree
INSIDE HIGHER ED — Younger Americans and those with student debt are far less likely than their peers to believe the benefits of getting a higher education outweigh the costs.
Read More about Federal Reserve Bank Study: How young Americans view the value of a college degreeSurvey: Student loan debt relief has public support
INSIDE HIGHER ED — The political debate over whether President Biden should move to cancel some or all of the $1.7 trillion in student loan debt currently owed to the federal government is largely focused on perceptions of the role the government should take in making higher education affordable and accessible.
Read More about Survey: Student loan debt relief has public supportNational Association of Student Financial Aid Administrators develops recommendations to improve federal student loan system
HIGHER ED DIVE — The National Association of Student Financial Aid Administrators, along with a cadre of 21 higher education organizations, developed recommendations to improve the federal loan system. More than two-dozen resulting suggestions range from how to streamline loan plans to how to better oversee servicers.
Read More about National Association of Student Financial Aid Administrators develops recommendations to improve federal student loan systemHow widespread student loan forgiveness could affect student loan relief programs
FORBES — President Joe Biden is potentially weeks away from announcing historic student loan forgiveness for millions of student loan borrowers. While there is no guarantee that Biden will proceed with wide-scale student loan forgiveness, Biden could decide to cancel up to $10,000 or more of student loans for millions of student loan borrowers. What…
Read More about How widespread student loan forgiveness could affect student loan relief programsHow recent college graduates can manage their student loan debt
THE WALL STREET JOURNAL — Many new graduates are holding out hope they might not have to repay all of their student loans. But graduating without a plan to tackle your college debt can cause problems down the road.
Read More about How recent college graduates can manage their student loan debtColleges struggle to explain federal student debt cancellation plans with no clear policy in place
THE CHRONICLE OF HIGHER EDUCATION — After years stuck in limbo, the idea of widespread federal-student-loan cancellation has suddenly picked up momentum over the past week. But with the details yet to be determined, colleges are struggling to explain to current students what debt forgiveness could mean.
Read More about Colleges struggle to explain federal student debt cancellation plans with no clear policy in placeUCLA Law aims to reduce student debt by supporting students with career ambitions in public interest
UCLA LAW — “When you have a lot of student loans, it can be daunting to take on a public interest job after graduation. Many of our public interest students make a fourth or less of what they might make at a large law firm,” says Brad Sears, UCLA Law’s Associate Dean for Public Interest…
Read More about UCLA Law aims to reduce student debt by supporting students with career ambitions in public interestDuke Law enhances student loan repayment assistance for graduates in public interest jobs
DUKE LAW NEWS — Duke Law School is enhancing the benefits available through its Loan Repayment Assistance Program (LRAP), which reduces the cost of legal education for graduates who commit to careers in public service.
Read More about Duke Law enhances student loan repayment assistance for graduates in public interest jobsNew White House plan will forgive loans for 40,000 borrowers
NEWSWEEK — The Biden administration on Tuesday announced a new plan to address “long-standing failures” within federal student loan programs, and the changes are set to result in immediate debt forgiveness for some 40,000 borrowers.
Read More about New White House plan will forgive loans for 40,000 borrowersSchooling Colleges on Student Loan Repayment
INSIDE HIGHER ED — When President Biden extended the pause on student loan repayment again last week, it renewed the debate about the federal Public Service Loan Forgiveness program, in addition to complaints about inefficiencies in how PSLF is administered and inadequate efforts to inform those eligible for it.
Read More about Schooling Colleges on Student Loan Repayment