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N.C. Community Colleges Lobby Against Federal Student Loans

The presidents of 38 North Carolina community colleges have come together to oppose a new state law that requires them to offer federal student loans to their student bodies beginning July 1, 2011.

Private Student Loans Set to Stage a Major Comeback

Industry analysts speculate that the volume of private student loans, which had dropped in 2008-09 and 2009-10, is poised to make a comeback as federal funding for education declines, especially among private, for-profit institutions.

What You Need To Know About PLUS Loans for Graduates

A free overview of Federal PLUS loans for graduate students. Read this article to know the difference between PLUS loans for parents and PLUS loans for graduates and get advices from experts.

Private Student Loans Being Used More Often to Pay College Costs

According to a new report issued by The Project on Student Debt, one-third of all college students who graduated in 2009 were carrying private student loans, and private student loans accounted for nearly one-fourth of all student loan volume in 2007-08. College students who graduated with private student loans owed about $12,500 in private loan debt.

Obama Commission Recommends End to Subsidized Student Loans

The National Commission on Fiscal Responsibility and Reform has issued a report that recommends the elimination of subsidized federal student loans in order to reduce federal spending.

Falsifying Applications for Student Loans Could Bring Big Trouble

The need for student financial aid is ever-present, and today’s tough economy has left students scrambling for money to attend college.

Government’s PLUS Program Offers More Than Parent Loans

Although most undergraduate students must provide their parents’ financial information when applying for federal financial aid for college, not all parents may want or be able to help their children pay for college. Colleges and universities, however, typically do expect parents to make some financial contribution to their dependent children’s college costs.

Florida College Must Repay Over $3M in Wrongly Awarded Financial Aid

The State College of Florida has a student loan debt problem of its own. SCF must repay the U.S. Department of Education more than $3 million in federal student loans and grants that it mistakenly awarded to nearly 2,000 students during the 2008-09 school year.

Paying for College: 4 Tips for Parents

Going to college during a recession is getting more difficult for U.S. students.

Simple Facts About Direct Stafford Loans

A free article about Stafford loans. Read which benefits these loans have and how to apply easily.

Student Loans Now Outpace Revolving Consumer Debt

While many students were enjoying their summer vacations, something unusual happened: The amount of student loan debt overtook the amount of consumer debt for the first time in history.

Student Loan Debt Highest Among Middle-Income Students

According to a new report issued by the College Board, students from families whose median annual income falls between $60,000 and $90,000 leave school owing about $35,000 in student loans, compared to students from lower-income families, who graduate with about $25,000 in student loan debt.

Consolidating College Loans: The 4 Main Plans Available

By consolidating college loans, the financial strain on students is reduced by quite some margin. For those with federal loans, the pressure can also be relieved through a range of special plans.