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Tag: Debt
MSIs
Trinity Washington University Settles More than $1.8 Million in Balances for Nearly 400 Full-time Undergraduates
Using federal funds from the American Rescue Plan, Trinity Washington University—a Predominantly Black Institution and Hispanic Serving Institution located in the nation’s capital—has fully paid off $1,828,901 in balances for nearly 400 full-time undergraduate students who owe balances to Trinity, more than 40% of the full-time undergraduate student body. According to Trinity officials, the average […]
July 21, 2021
COVID-19
A Window for Change: 2020 Highlights Challenge to Fragile Community Residents
Americans love stories about unlikely heroes. We love to watch or read about individuals who flourish from humble beginnings, overcoming great odds.
August 7, 2020
Students
Policy Brief Suggests Reforms to Address Student Debt Crisis During the Pandemic
In the first draft of the $2 trillion United States federal government stimulus package, a cancellation of $10,000 for any loan borrower’s student debt was proposed. However, Congress ultimately voted to give each student borrower a six-month interest-free break on making payments on federal loans. Meaning, individuals do not have to make a student loan payment until October 2020 and there will be not an accrual of interest and penalties during this time.
April 22, 2020
Students
Wake Forest Supporting First-Generation Students Via Magnolia Scholars Program
With the rise in tuition costs, Wake Forest University looked to develop an opportunity for all students to be able to attend the institution without the financial burden. The establishment of the Magnolia Scholars program created an opportunity for first-generation students to receive financial aid, mentorship and college transition assistance.
January 15, 2020
Students
Warren Aims to End Student Debt, If Elected
If elected president, Senator Elizabeth Warren plans to forgive existing student loan debt on her first day in office. According to her plan, Warren will authorize the Secretary of Education to cancel up to $50,000 in debt for 95% of student loan borrowers which would impact around 42 million people, USA Today reported. Last year, […]
January 15, 2020
Students
UVA School of Nursing Receives $20M to Fund Scholarships and Increase Program Diversity
The University of Virginia School of Nursing received $20 million to fund scholarships and increase the program diversity, according to university officials. This is one of many donations given by Bill and Joanne Conway, whose previous grants totaled $15 million. Scholarships will be funded for 10-12 years with a goal of ensuring that nursing students […]
January 12, 2020
Students
Reports: Underrepresented Students at Illinois Institutions Impacted by Budget Cuts
A recent period of higher education cutbacks in Illinois has created affordability and equity gaps for underrepresented students.
October 30, 2019
Latest News
Improvements to FAFSA Eagerly Anticipated
Speaking at the National College Access Network (NCAN) conference earlier this week. Mark A. Brown, COO of Federal Student Aid (FSA), talked about the importance of making college accessible.
September 19, 2019
News Roundup
Study Finds Debt Differences Between Various Degree-Holders
A recent study found that those who have completed a four-year degree or, in some cases, no degree at all, faced less financial challenges than individuals with a two-year degree. The research, Diverging Paths: Youth Debt, College and Family Background, was carried out by the National Endowment for Financial Education (NEFE) alongside Ohio State University […]
August 12, 2019
News Roundup
University of Oklahoma President Says $1B Debt Not Uncommon
NORMAN, Okla.— The president of the University of Oklahoma says the school’s nearly $1 billion debt is large but comparable to similar public universities. The Oklahoman reports President David Boren’s Wednesday statement followed earlier remarks by his successor, who starts July 1. Incoming president Jim Gallogly said Tuesday that the school is losing $36 million […]
June 23, 2018
Opinion
Mizzou’s Policy May Disadvantage Low-Income Students
In an effort to curb student debt, the University of Missouri (Mizzou) has taken a controversial step: placing limits on what students can charge on their university accounts. Earlier this month, the university announced a new policy that will bar students from using a financing option known as “student charge” to make non-academic purchases. The […]
July 23, 2017
Home
NEA President Lily Eskelson GarcĂa ‎Advocates Educational Equality for All
Lily Eskelsen GarcĂa, president of the National Education Association has dedicated her career to making sure everyone has the same educational opportunities.
September 21, 2016
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