Monthly Archives: September 2011

Gainful Employment Update

Check out this news letter about gainful employment reporting: http://ifap.ed.gov/nsldsmaterials/attachments/NSLDSNewsletter34.pdf Advertisements

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Should Uncle Sam forgiving student-loan debt the answer to fix the ailing economy?

A current petition movement at SignOn.org is pushing the idea of amnesty for student loans as a solution to the current economic woes that the United States — and the world — is finding itself in. For college students — … Continue reading

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Hard Truth for Borrowers

More people are defaulting on their student loans — and discovering the consequences are far-reaching. By ANNAMARIA ANDRIOTIS, Smart Money As many students and parents struggle to make payments on their student loans, many are finding this debt comes with … Continue reading

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3 Year Cohort Default Rates

Consistent with the new rules, an institution’s CDR is the percentage of the institution’s former students who entered repayment on a FFEL/Direct Loan during the relevant cohort year who defaulted before the end of the second fiscal year following the … Continue reading

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Official default Rates Released

On September 12th, the US Department of Education released the official FY 2009 cohort default rates on student loans.

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Default Rates Jump

The number of borrowers defaulting on federal student loans has jumped sharply, the latest indication that rising college tuition costs, low graduation rates and poor job prospects are getting more and more students over their heads in debt.

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Gaining Control of Your Student Loan Debt

Your largest debt may be your student loans. The average graduate exits school with $24,000 in student loan debt, according to a study on 2009 graduates conducted by the Project on Student Debt. However. "Usually you can get a lower … Continue reading

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