student loans

Education
5:54 pm
Tue July 15, 2014

Federal Loans Tough To Come By For Community College Students

Tuition and fees at most community colleges these days are pretty reasonable but according to a new report, students in a fifth of these schools do not have access to federal student loans.
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Originally published on Wed July 16, 2014 8:50 am

Tuition and fees at most community colleges are pretty reasonable these days, about $3,500 a year. Which is why the vast majority of community college students don't take out loans to cover their costs. But, according to the Institute for College Access and Success, a non-profit advocacy group based in California, nearly a million community college students who do need help paying for school don't have access to federal student loans.

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Education
3:44 am
Fri June 28, 2013

Student Loan Rates Set To Double On July 1

The interest rate on new Stafford loans is going to jump from 3.4 percent to 6.8 percent Monday.
iStockphoto.com

Originally published on Thu March 20, 2014 3:00 pm

The interest rate on government-backed student loans is going to jump from 3.4 percent to 6.8 percent Monday.

Republicans, Democrats and the Obama administration could not agree on a plan to keep it from happening. Lawmakers say a deal is still possible after the July 4 recess. But if they don't agree on a plan soon, 7 million students expected to take out new Stafford loans could be stuck with a much bigger bill when they start paying the money back.

It has been one of the more heated debates in Washington this year.

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