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What Betsy DeVos wants to do to your student loans

The tide is turning at the Department of Education. The Obama administration put rules in place to strengthen the rights of student borrowers and make debt repayment easier. But Education Secretary Betsy DeVos has already impeded some...
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21 state AGs denounce DeVos for ending student loan reform

More than 20 Democratic state attorneys general denounced Education Secretary Betsy DeVos in a letter Monday over her decision to end the department’s efforts to reform the student loan industry, according to a Reuters report. Her decision...
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Student Loans: You’ve Got Questions, We’ve Got Answers

With student debt at a staggering $1.3 trillion, many families are facing a huge financial dilemma: Their final springtime decisions about college enrollment and acceptance. The NPR Ed team teamed up with Weekend Edition to answer some...
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The U.S. Makes It Easy for Parents to Get College Loans—Repaying Them Is Another Story

The federal Parent Plus loan program has millions of borrowers, many with subprime credit ratings; its default rate exceeds the rate for U.S. mortgages at the peak of the housing crisis Millions of U.S. parents have taken...
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DeVos Halts Obama-Era Plan to Revamp Student Loan Management

With the stroke of a pen this week, Betsy DeVos, President Trump’s new education secretary, thrust the future of the government’s system for managing federal student loans into confusion. It was a high-stakes move: Her department administers...
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Student Loan Borrowers: Don’t Panic About Forgiveness Eligibility

The majority of borrowers pursuing Public Service Loan Forgiveness are fully eligible – and this won’t change. Last week, we heard from a lot of panicked student loan borrowers who had read about a lawsuit that several...
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New York Is Now the First State to Offer Free College Tuition

Getting a college education for free — sounds like a pipe-dream right? Well, New York state lawmakers have decided to make it a reality for students in their state thanks to a new state budget bill they...
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How I paid off nearly $48,000 of student loan debt in 14 months

Here are the talks to people who’ve paid off their student loans, breaking down how they did it and what they learned. Amanda Page is student-loan-free, but it was far from an easy road. She earned a...
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What JPMorgan CEO Dimon gets wrong about the student debt crisis

JPMorgan Chase CEO Jamie Dimon, in his annual letter to investors, blamed the federal government for the rise in default rates for student loans. Since 2010, when the government took over student lending, direct government lending to...
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A New Look At The Lasting Consequences Of Student Debt

Recent college graduates who borrow are leaving school with an average of $34,000 in student loans. That’s up from $20,000 just 10 years ago, according to a new analysis from the Federal Reserve Bank of New York....
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