Financial Aid News

News about education financial aid, student loans, and scholarships.

Below is a list of the most recent posts in the Financial Aid News category. You can also search for posts by keyword, or check out the Archives page for a full list of categories.

States with the most student debt

July 31, 2014 | posted by College Money Insider.

According to the latest numbers the average student owes $25,000 in federal student loan debt.  According to data from the Department of Education, and there are 19 states where the average is higher but here are the top 10 states where borrowers owe the most:
Average Federal Student Loan Debt Per Borrower
10. New…

College Grads Taking Low-Wage Jobs Displace Less Educated

March 6, 2014 | posted by College Money Insider.

 

“The underemployment of college graduates affects lesser educated parts of the labor force,” said economist Richard Vedder, director of the Center for College Affordability and Productivity, a not-for-profit research organization in Washington. “Those with high-school diplomas that normally would have no problem getting jobs as bartenders or taxi drivers are…

Overture Partners with cuStudentLoans to Promote Private Loan Consolidation and Refinancing Offering

March 12, 2012 | posted by College Money Insider.

Transparent Private Student Loan Marketplace to Offer Graduates Refinancing Opportunity through Not-for-Profit Credit Unions
Overture Technologies’ Student Loan Marketplace, which is the only private loan comparison website that presents, side-by-side, the specific rates and terms students would see if they applied with each lender separately, today announced a partnership with cuStudentLoans, a private student loan program…

Texans to Vote on Amendment to Fund College Access Loans

October 5, 2011 | posted by College Money Insider.

Texas government officials are working to convince voters this November to pass an amendment to the state Constitution that will continue a low-interest student loan program run by the Texas Higher Education Coordinating Board.
Officials estimate that over half of Texas students use student loans to cover all or part of their higher education costs. This…

Tuition on the Rise at State Schools in California

September 27, 2011 | posted by College Money Insider.

For some students in the University of California system, the new school year has come with an unwelcome surprise: an increased financial aid funding gap. With the state facing severe budget issues, the U.C. system has been forced to increase its tuition, leading to a larger out-of-pocket cost for many students.

Faced with drastic cutbacks in…