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How the Government Calculates the Cost of Student Loans
Tweet Share on Facebook June 19, 2013 CommentA couple of weeks ago, the Student Loan Ranger detailed some of the proposals Congress is pondering to provide short- and long-term fixes to the imminent doubling of interest rates on subsidized federal direct loans. Part of that debate is data released last month by the Congressional Budget Office that shows a fiscal year 2013 "profit" of $50.6 billion for the Department of Education.
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Bankruptcy Case Offers Hope for Student Borrowers
Tweet Share on Facebook June 12, 2013 CommentA 10-year court battle waged by Michael Hedlund, a graduate of Willamette Law School, to discharge his student loans has recently ended with a 9th U.S. Circuit Court of Appeals decision partially discharging his loans.
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Examine Student Loan Proposals as Rates Set to Double
Tweet Share on Facebook May 29, 2013 CommentIn a deja vu moment, the interest rates on subsidized Federal Direct loans are set to double on July 1 and Congress is scrambling to find a fix.
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Service Members Battle Student Loan Debt at Home
Tweet Share on Facebook May 22, 2013 CommentMany of our service members return home to combat other adversaries, from suffering post-traumatic stress to struggling to find employment. Many also shoulder a heavy burden of student loan debt.
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Ways Congress Can Simplify Federal Student Loans
Tweet Share on Facebook May 8, 2013 CommentToo complex, poorly targeted, too arbitrary: These are some of the criticisms The Institute for College Access and Success levels against the federal student loan program in a comprehensive white paper, "Aligning the Means and the Ends: How to Improve Federal Student Aid and Increase College Access and Success."
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How Student Debt Affects Women, Minorities
Tweet Share on Facebook May 1, 2013 CommentThe estimated $1 trillion in student loan debt affects individuals from all walks of life. However, according to two studies, women and minorities are two groups experiencing some of the greatest repercussions of student debt. So, how deep is the disparate impact on these groups, why does it exist and what can be done?
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New Report Suggests Ways to Fix Legal Education
Tweet Share on Facebook April 24, 2013 CommentA combination of rising law school tuition, underemployment and the work done by policy organization Law School Transparency, authors and educators Paul Campos and Brian Tamanaha and many others – coupled with a marked decline in law school applications – is slowly forcing legal education to change.
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What Obama's Budget Could Mean for Student Borrowers
Tweet Share on Facebook April 17, 2013 CommentPresident Barack Obama submitted his budget proposal for the 2014 fiscal year to Congress last week and, once again, he suggests a number of reforms that would affect grants and student loans. While all aspects of the president's proposal will remain just that – a proposal – unless and until Congress approves the budget, here's a rundown of some of his major recommendations regarding student debt.
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Explore Congress Members' Student Loan Debt
Tweet Share on Facebook April 10, 2013 CommentThe Student Loan Ranger has documented how the increased cost of college has affected people across the socioeconomic spectrum. Students from poor, working class, middle class and even well-off families are finding that grants, scholarships and federal programs like work-study and Pell grants don't go as far as they used to.
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How the Student Loan Fairness Act Could Benefit Borrowers
Tweet Share on Facebook April 3, 2013 CommentThe Student Loan Ranger's original post about the Student Loan Forgiveness Act garnered almost 300 comments, which we tried to sum up in a follow-up post that also answered some common questions and gave an overview of some relief options that currently exist.
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