The Consumer Financial Protection Bureau, in a rule issued Tuesday, is expanding its oversight to Sallie Mae and other nonbank companies that collect student loan payments.
New Mexico scholarships could be scaled back as soon as next year if a solvency
fix is not approved during next year's 30-day legislative session, according to Higher
Education Secretary Jose Garcia.
Many young Americans are so deep in debt that they may foresee themselves dying before they
pay it off -- and a new study suggests the debt itself might kill them.
The White House and a bipartisan group of senators have reached a deal to lower student loan interest rates, which jumped from 3.4 percent to 6.8 percent.
This is a prime marketing season for banks and other credit card issuers that
are trying to pick up business from college students and other 20-somethings.
College students taking out loans for the fall term will see
interest rates double unless Congress fulfills its
promise to restore lower rates.
Interest rates on some new federal student loans seem ready to double next
week, with a Monday deadline looming and the Senate going on recess Friday.
Hundreds of thousands of taxpayer returns have been delayed by problems with how H&R Block and other software providers submitted a form claiming education credits to the Internal Revenue Service.
Alarming financial statistics -- $1 trillion in student loan debt; 70% of Americans living paycheck to paycheck; 43% spending more than they make -- prompted Gene Natali Jr. to co-author a book on financial literacy. "The Missing Semester" is a breezy, 65-page read that teaches high school and college students how to manage a paycheck, save and use credit responsibly.
Media giant Pearson is axing a raft of jobs as part of a major new reorganisation at the Penguin books-to-Financial Times owner.
Colleges adapt to Twitter, Facebook, social media platforms.
The University of Colorado Board of Regents voted 7-1 on Wednesday to approve a doctoral degree program in comparative ethnic studies and unanimously approved a new master's and doctoral program in material sciences.
The outcomes-based system that President Barack Obama has touted would award colleges in Texas more funding that hinges on several factors that translate to a high-performing college.
The state Quality Jobs Program will award a Tulsa engineering and design company with up to $2.36 million in payroll tax rebates if it employs an extra 20 people over several years, the Oklahoma Department of Commerce announced Thursday.