Several for-profit colleges have moved to drop out of the business, in favor of a more traditional approach. The New York Times reports.» Read More
Millions of parents who have taken out loans to pay for their children’s college education have since fallen on tough times because of the recession, health problems and job loss.
So what will President Obama and Mitt Romney say they'll do about education if they're in the White House in the next four years? Take a look at their positions.
Critics say President Obama’s policies on expanding aid to college students are too costly, often assist the wrong people and could have the paradoxical effect of driving up tuition prices.
America's student loan debt has hit a new record. CNBC's Scott Cohn reports on the real cost of college and provides a look at some of the ugly numbers.
The average college student who graduated in 2011 had $26,600 in student loans, according to a new report, which estimates two-thirds of last year’s college graduates had student loan debt.
A new quarterly survey of U.S. banks’ risk managers finds that more than six in 10 expect student loan debt delinquencies to increase in the next six months. Only about 13 percent expect delinquencies to decrease.
Student loan debt topped a trillion bucks this year, and the price of higher education is soaring. Derek Thompson, sr. editor at The Atlantic, discusses why college costs are so high.
According to Campus Grotto's just-released report on the 2012-2013 year, the top 10 colleges all have an average total cost of more than $55,000 per year.
Read any letter from a university president these days and you will inevitably find the words “entrepreneurial” or “entrepreneurship.”
The percentage of U.S. consumers with two or more outstanding loans has nearly doubled since 2005, and the amount of debt is up more than 50 percent, according to new figures from FICO — the company that calculates credit scores for the major credit bureaus.
The default rate on student loans is more than 4 times the defaults on mortgages, reports CNBC's Scott Cohn.
Higher One is battling three proposed class action suits by students and their parents alleging excessive fees, inadequate disclosures and deceptive marketing.
While the country’s higher education system is plagued by the student debt crisis, one college has instituted a policy that will eliminate or dramatically decrease the debt that students graduate with. Will others follow?
Mad Money host Jim Cramer speaks to Campus Crest Communities co-founder & CEO Ted Rollins, about its dividend plans, and the state of college enrollment and its competitive advantage in the construction space.
The Department of Education last year paid $1.4 billion to collection agencies to hunt down defaulters, a group that includes nearly one in six borrowers with a loan balance. The NYT reports.
Paying back the minimum means it can take years to make a significant dent. But is it smart to pay off student loans as aggressively as one Harvard MBA did?
Investing in housing for your college student may reduce his or her room-and-board bill, provide a revenue source, and in some cases a tax deduction.
The magnitude of the debt that is frightening. In many cases, their middle class parents are broke and now they are starting their careers broke as well. By some measures, the total student debt outstanding is over $1 trillion.
As student debt explodes, private lenders, credit rating agencies, and nonprofits have begun offering consumer-friendly programs to take the financial anxiety out of college loans.
Securitization of student loans led to more aggressive underwriting for borrowers who could not possibly afford the debt they took on.