Student financial aid

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 "...
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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...
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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...
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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...
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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...
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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...
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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...
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In this June 20, 2019, photo a student works in the library at Virginia Commonwealth University in Richmond, Va. Those who graduate college with student loans owe close to $30,000 on average, according to the most recent data from the Institute for College Access & Success. (AP Photo/Steve Helber)
June 27, 2019 - 9:48 am
Those who graduate college with student loans owe close to $30,000 on average, according to the most recent data from the Institute for College Access & Success. But they'll likely repay thousands more than that because of interest. One key to limiting interest cost is choosing the right...
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Democratic presidential candidate Sen. Bernie Sanders, I-Vt., pauses while speaking during a forum on Friday, June 21, 2019, in Miami. (AP Photo/Brynn Anderson)
June 24, 2019 - 2:42 am
WASHINGTON (AP) — Days before the first Democratic presidential debates, Sen. Bernie Sanders and House progressives are unveiling legislation cancelling all student debt, going further than a signature proposal by Sen. Elizabeth Warren as the two jockey for support from the party's liberal base. By...
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Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., speaks at a campaign house party, Friday, June 14, 2019, in Windham, N.H. Candidates including Sens. Elizabeth Warren and Bernie Sanders have proposed plans to eliminate tuition at public colleges and universities, while former Vice President Joe Biden and others back plans for free community college. (AP Photo/Elise Amendola)
June 16, 2019 - 12:56 pm
After receding from the national stage, the free college movement is resurfacing as a central rallying point for Democrats as they set their sights on the White House. At least 18 of the party's 23 presidential contenders have come out in support of some version of free college . Sen. Elizabeth...
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