Student Loan Interest Rates Were Just Lowered. Why Does the Government Charge Interest in the First Place?
The federal government isn't a private bank, but it has reasons for charging interest on student loans.
Browsing Tag
Student Loans
28 posts
To Understand the High Cost of Colleges, Think of Them as Investment Banks
A growing endowment generates wealth. A small part of that wealth is invested to bolster an administration tasked with generating prestige, and, as students rush to take out federal loans, raising tuition and fees.
Financial Aid Letters Are Really, Really Confusing
And that makes it hard for kids to choose the right school.
A Federal College Loan Program Is Exacerbating the Racial Wealth Gap
A new report points to troubling flaws with the Parent PLUS loan program.
Brown University Plans to Eliminate Loans From Student Aid
Brown hopes to raise $30 million by December in order to eliminate loans starting in the 2018–19 academic year.
Department of Education to Roll Back More For-Profit College Regulations
The regulations sought to protect student loan borrowers.
Head of Federal Student Financial Aid Office Resigns
James Runcie submitted his resignation following an apparent disagreement with Betsy DeVos over his scheduled testimony on improper aid payments.
Americans Are Drowning in Student Debt—Can Trump Save Them?
In 2016, total U.S. student debt hit a record high for the 18th year in a row. Trump…
Why Student Loans Don’t Work for Native American Students
Few tribal colleges allow their attendees to take out federal student loans because of how hard they are…
‘Loan Repayment Should Not Be a Life Sentence’
A New Jersey commission is making moves to reform the state’s student loan agency, one small step toward…