Student financial aid

FILE - In this June 20, 2019, file photo students walk around a RAMS sign at Virginia Commonwealth University in Richmond, Va. Thinking of refinancing your student loans? Make sure you understand the pros and cons before deciding, and know how to make yourself look good to lenders. Here's how to check whether refinancing would make sense for you and how to improve your financial picture. (AP Photo/Steve Helber, File)
September 17, 2019 - 12:39 pm
Glossy mailers promising low rates and cleverly crafted ads on your favorite podcast might leave you wondering: Should you refinance your student loans? With over $1.6 trillion in student loan debt in America as of March 2019, student loan refinance companies have an incentive to entice you. And a...
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September 05, 2019 - 2:50 pm
The vast majority of applications for a student loan forgiveness program are still being rejected, even after Congress set aside $700 million to temporarily expand it, according to a federal report . The Government Accountability Office said Thursday that the Education Department has created a "...
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FILE - In this April 9, 2019, file photo, pedestrians walk on the campus at Stanford University in Stanford, Calif. College students who earned money this summer can make the most of it by including a few longer-term financial goals in their budgeting. (AP Photo/Jeff Chiu, File)
September 05, 2019 - 10:33 am
What you do with your paychecks in college can affect your financial life long after you toss your graduation cap. By saving money and repaying debt now, you're doing Future You a huge favor. Of course, you need to take care of Present You, too. Set aside what you've budgeted for this year's...
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August 30, 2019 - 6:54 pm
WASHINGTON (AP) — Education Secretary Betsy DeVos has issued a new rule on loan forgiveness for students defrauded by their colleges, a rewrite of Obama-era regulations that advocates say will make it tougher for students to get relief. DeVos says schools must be held accountable but that the Obama...
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FILE- In this Aug. 27, 2018, file photo a sign stands at the construction site for the Consumer Financial Protection Bureau's new headquarters in Washington. The Trump administration has hired a longtime student loan industry executive to be the federal government’s top watchdog for the $1.5 trillion student loan market. Robert Cameron will serve as the CFPB’s new student loan ombudsman, the bureau said Friday, Aug. 16, 2019. (AP Photo/Andrew Harnik, File)
August 16, 2019 - 3:40 pm
NEW YORK (AP) — The Trump administration has hired a longtime student loan industry executive to be the federal government's top watchdog for the $1.5 trillion student loan market. Robert Cameron will serve as the Consumer Financial Protection Bureau's new student loan ombudsman, the bureau said...
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FILE - This June 10, 2015, file photo shows a chip credit card in Philadelphia. On Wednesday, Aug. 7, the Federal Reserve releases its June report on consumer borrowing. (AP Photo/Matt Rourke, File)
August 07, 2019 - 3:19 pm
WASHINGTON (AP) — Consumer borrowing slowed in June to the smallest increase in three months as a jump in auto loans and student loans was offset by a big drop in borrowing on credit cards. Overall consumer borrowing increased by $14.6 billion in June after a $17.8 billion advance in May, the...
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July 30, 2019 - 8:46 pm
The U.S. Education Department is being urged to close a loophole that has allowed some wealthy families to get federal, state and university funding that's meant to help needy students. Federal authorities were notified last year that some parents in Illinois were transferring custody of their...
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In this June 20, 2019, photo a student walks past a mural in the library at Virginia Commonwealth University in Richmond, Va. College students working a summer job likely shouldn’t sweat how it will affect their financial aid: Dependent students can earn up to $6,660 before it increases their expected family contribution, or EFC. (AP Photo/Steve Helber)
July 18, 2019 - 10:30 am
Roughly one-third of teenagers have summer jobs, according to the Pew Research Center. Some of these jobs may make you very familiar with the letters "SPF." But every working student should know a different abbreviation to avoid getting burned: EFC. While you may be working to help pay for college...
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FILE - In this Sept. 17, 2018, file photo, Education Secretary Betsy DeVos speaks during a student town hall at the National Constitution Center in Philadelphia. One of the nation's largest teachers' unions sued the U.S. Education Department on Thursday, July 11, 2019, over a federal program that promises to forgive student loans for public workers but has been beset by problems. (AP Photo/Matt Rourke, File)
July 11, 2019 - 6:36 pm
One of the nation's largest teachers' unions sued the U.S. Education Department on Thursday over a federal program that promises to forgive student loans for public workers but has been beset by problems. The American Federation of Teachers filed a federal lawsuit in Washington alleging that the...
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June 25, 2019 - 9:50 pm
WASHINGTON (AP) — In a story June 24 about legislative proposals to cancel all student debt, The Associated Press erroneously reported that Sen. Bernie Sanders' College For All Act would cost $2.2 billion. It would cost $2.2 trillion. A corrected version of the story is below: Sanders, liberals,...
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