Details Released from Dept. of Education on Federal Student Loan Interest Waiver
Today U.S. Secretary of Education Betsy DeVos announced how the office of Federal Student Aid is executing on providing relief during the COVID-19 national emergency. As promised, here is a summary of the announcement. All borrowers with federally held student loans...
National Student Debt is $1.6 Trillion
Student loan debt has tripled in just 14 years. It’s the largest form of household debt after mortgages. According to Moody’s, 49 percent of borrowers who took out loans from 2010-12 haven’t paid down their debt at all. Student Debt has Highest...
Nontraditional College Students are More Common Now
According to the most recent data from the U.S. Census Bureau’s Current Population Survey School Enrollment Supplement, 18.9 million people were enrolled in 4-year colleges in 2018, compared to 20.4 million enrolled students in 2011. Two-year institutions also...