In the US, interest on student loans started accruing again on Sept. 1. Soon, more than 40 million borrowers will have to resume their payments. The US is an outlier when it comes to high tuition and the debts that students take on.
The number of college graduates with debt is rising quickly, and some students have had enough. A group known as the Corinthian 15 say they’re going on a “debt strike,” hoping to force action to cancel the debts they owe to a for-profit education company — and spur broader change.
Are foreign students snatching up spots in college from American kids? Not according to a new report, which says foreign students are only 4 percent of the college student population, but contribute $27 billion to the economy — and valuable cultural knowledge for American students.
Many for-profit colleges have been frozen out of the federal student financial aid pipeline, because they feel to meet certain standards. But those standards don’t apply through funds veterans receive under the G.I. Bill. A pair of California legislators tried to change that, but they were batted down by a powerful politician — with ties to the for-profit college industry.
Many for-profit colleges have been frozen out of the federal student financial aid pipeline, because they feel to meet certain standards. But those standards don’t apply through funds veterans receive under the G.I. Bill. A pair of California legislators tried to change that, but they were batted down by a powerful politician — with ties to the for-profit college industry.