Fidelity Investments(R) today announced the results of its second annual College Savings Indicator (CSI), which found that parents are projected to meet only 21 percent of the total cost of their children’s college education, a three percentage point decrease from last year. The CSI calculates how prepared parents are to pay for future college expenses, currently estimated at $120,000(1) for … Continue…
College students may continue to have easier access to federal student loans through July 2010, following a Sept. 17 vote by the U.S. Senate to extend the Ensuring Continued Access to Student Loans Act, first passed in April. Originally set to expire July 2009, the renewal passed by an overwhelming majority because of concerns about the current economic fallout. Continue…
The financial woes plaguing Wall Street could start to affect those on college campuses across the country. Continue…
Despite the many changes in the federal student loan industry, Student Lending Works continues to offer a solution for students and parents looking for ways to pay for college. Continue…
Continuing Resolution Continue…
In his column on Brown University and the Common Application (”Tragedy of the Common App,” September 25), Dan Davidson ‘11 downplays the benefits the Common Application provides for first-generation and low- and moderate-income students, as well as some of the ways in which the University is already, “[focusing] its resources on the pressing problems that income disparity in college admissions … Continue…
The student loan market is among the lenders that are being subsidized by the U.S. government, but experts say that students shouldn’t feel the sting of the current bailout and mortgage debt crisis when they look to land student loans. The uncharted waters of the financial landscape struck banks and lenders on and off Wall Street in a record-breaking fashion, just as residents scrambled to … Continue…
The Republican candidate for governor wants to use private donations to help pay for teacher bonuses and student scholarships. Continue…
The price of college continues to surge, and financial aid isn’t keeping up. The Wall Street meltdown has hammered the stock market and college savings. And a college degree is ever more essential for finding a good job. Continue…
Private loan funding for Southeast Michigan college students is on the line if Washington can t make progress on a proposed $700 billion federal bailout of the financial industry, local education administrators said. Continue…