Education costs

FILE - In this June 20, 2019, file photo students walk around a RAMS sign at Virginia Commonwealth University in Richmond, Va. Thinking of refinancing your student loans? Make sure you understand the pros and cons before deciding, and know how to make yourself look good to lenders. Here's how to check whether refinancing would make sense for you and how to improve your financial picture. (AP Photo/Steve Helber, File)
September 17, 2019 - 11:39 am
Glossy mailers promising low rates and cleverly crafted ads on your favorite podcast might leave you wondering: Should you refinance your student loans? With over $1.6 trillion in student loan debt in America as of March 2019, student loan refinance companies have an incentive to entice you. And a...
Read More
September 05, 2019 - 1:50 pm
The vast majority of applications for a student loan forgiveness program are still being rejected, even after Congress set aside $700 million to temporarily expand it, according to a federal report . The Government Accountability Office said Thursday that the Education Department has created a "...
Read More
FILE - In this April 9, 2019, file photo, pedestrians walk on the campus at Stanford University in Stanford, Calif. College students who earned money this summer can make the most of it by including a few longer-term financial goals in their budgeting. (AP Photo/Jeff Chiu, File)
September 05, 2019 - 9:33 am
What you do with your paychecks in college can affect your financial life long after you toss your graduation cap. By saving money and repaying debt now, you're doing Future You a huge favor. Of course, you need to take care of Present You, too. Set aside what you've budgeted for this year's...
Read More
President Donald Trump holds up a presidential memorandum that he signed that discharges the federal student loan debt of totally and permanently disabled veterans following his speech at the American Veterans (AMVETS) 75th National Convention in Louisville, Ky., Wednesday, Aug. 21, 2019. (AP Photo/Susan Walsh)
August 21, 2019 - 4:14 pm
LOUISVILLE, Ky. (AP) — Hundreds of millions of dollars in federal student loan debt owed by tens of thousands of disabled military veterans will be erased under a directive President Donald Trump signed Wednesday. Trump ordered the Education Department to "eliminate every penny of federal student...
Read More
FILE- In this Aug. 27, 2018, file photo a sign stands at the construction site for the Consumer Financial Protection Bureau's new headquarters in Washington. The Trump administration has hired a longtime student loan industry executive to be the federal government’s top watchdog for the $1.5 trillion student loan market. Robert Cameron will serve as the CFPB’s new student loan ombudsman, the bureau said Friday, Aug. 16, 2019. (AP Photo/Andrew Harnik, File)
August 16, 2019 - 2:40 pm
NEW YORK (AP) — The Trump administration has hired a longtime student loan industry executive to be the federal government's top watchdog for the $1.5 trillion student loan market. Robert Cameron will serve as the Consumer Financial Protection Bureau's new student loan ombudsman, the bureau said...
Read More
FILE - This June 10, 2015, file photo shows a chip credit card in Philadelphia. On Wednesday, Aug. 7, the Federal Reserve releases its June report on consumer borrowing. (AP Photo/Matt Rourke, File)
August 07, 2019 - 2:06 pm
WASHINGTON (AP) — Consumer borrowing slowed in June to the smallest increase in three months as a jump in auto loans and student loans was offset by a big drop in borrowing on credit cards. The Federal Reserve says overall consumer borrowing increased by $14.6 billion in June after a $17.8 billion...
Read More
In this June 20, 2019, photo a student walks past a mural in the library at Virginia Commonwealth University in Richmond, Va. College students working a summer job likely shouldn’t sweat how it will affect their financial aid: Dependent students can earn up to $6,660 before it increases their expected family contribution, or EFC. (AP Photo/Steve Helber)
July 18, 2019 - 9:30 am
Roughly one-third of teenagers have summer jobs, according to the Pew Research Center. Some of these jobs may make you very familiar with the letters "SPF." But every working student should know a different abbreviation to avoid getting burned: EFC. While you may be working to help pay for college...
Read More
July 11, 2019 - 5:16 pm
One of the nation's largest teachers' unions sued the U.S. Education Department on Thursday over a federal program that promises to forgive student loans for public workers but has been beset by problems. The American Federation of Teachers filed a federal lawsuit in Washington alleging that the...
Read More
July 11, 2019 - 3:07 pm
SEATTLE (AP) — Billionaire industrialist Charles Koch's powerful network that's known for influencing state policy is now targeting education issues like school choice as the movement battles a new wave of hostility from Democrats who oppose charter schools and private school vouchers that use...
Read More
In this undated image provided by NerdWallet, Ray Robertson and his wife Bailey pose for a photo. As newlyweds, Ray and Bailey paid off over $33,000 in consumer debt in 18 months. Their strategy? Aggressive payments, a lean lifestyle and plenty of communication. Now they're working on paying off their mortgage, accruing wealth and raising their son.(Amelia Campbell Photography/NerdWallet via AP)
July 02, 2019 - 8:44 am
In this series, NerdWallet interviews people who have triumphed over debt. Responses have been edited for length and clarity. BAILEY AND RAY ROBERTSON HOW MUCH: $33,456 in 18 months Ray Robertson's debt-payoff journey involves two fateful conversations across the ocean from where he grew up. The...
Read More

Pages