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Government, schools to clarify loans for students

The Obama administration and 10 private colleges and state university systems are taking steps this week aimed at improving transparency about the cost of college, including loans and options for repaying them.

 

College dropouts have debt but no degree

As the nation amasses more than $1 trillion in student loans, education experts say a vexing new problem has emerged: A growing number of young people have a mountain of debt but no degree to show for it.

 

Republicans block Senate proposal to keep student loan rates low

Student Loans

The political battle over President Obama’s plan to keep student loan interest rates from skyrocketing escalated as Senate Republicans blocked a Democratic proposal to tax wealthier earners to pay for it.

 

A GOP ‘assault’ on women’s health?

Student Loans

At dispute is how to provide funding that would prevent a jump in the interest rates for subsidized loans made by the federal government to undergraduate college students. The House of Representatives voted last week to keep the rate from doubling, but funded it by eliminating the Prevention and Public Health Fund that is part of President Obama’s health care law. (The House measure has little chance in the Senate controlled by Democrats.)

Senh: It can be safe to say that Republicans are against keeping student loan interest rates low when they try to fund it by removing a part of Barack Obama's health care bill. They know that Democrats will not budge on that, so it's as good as saying no to students.

 

Analysis: Student loan agreement? Not so fast.

Student Loans

In the political campaigns still taking shape, President Barack Obama, Republican challenger Mitt Romney and lawmakers of both parties say they want to protect college students from a sharp increase in interest rates on federally subsidized loans....

 

GOP ignores veto threat, passes student loan bill

Republicans defied a veto threat and the House voted Friday to prevent federal loan costs from doubling for millions of college students. The vote gave the GOP a momentary election-year triumph on a bill that has become enmeshed in partisan battles over the economy, women's issues and President Barack Obama's health care overhaul.

 

Romney plays offense on Dem issues

Mitt Romney

For Republicans and certain presidential nominee Mitt Romney, the best defense appears to be a good offense on issues and themes being pushed by President Barack Obama and Democrats.

Senh: If you can't beat them, join them. Mitt Romney is now a Democrat. Etch-A-Sketch on full effect. He's the ultimate flip-flopper.

 

Romney agrees with Obama on student loan plan

They want Congress to temporarily extend the current low rate on subsidized undergraduate Stafford loans.

 

Obama to Congress: Don't raise student loan payments

President Obama kicked off a week of appeals to young voters on Saturday by urging Congress to maintain the interest rate on student loans, keeping the costs of college stable.

 

Recovery threatened by runaway student loan debt

Student Loan Debt

The federal student loan program seemed like a great idea back in 1965: Borrow to go to college now; pay it back later when you have a job.

 

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