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Student Loan Default Rate On the Rise
20 April 09 04:02 PM | Student Loan Girl | 0 Comments   

Weighed down by job losses, limited job availability, and lower salary wages, college graduates — who leave school owing an average of $22,500 in student loans — are defaulting on their federal student loans at the highest rate since 1998 (“ In Grim Job Read More...

Filed under: bankruptcy, college graduates, college loans, deferment, deferring student loans, extend student loan terms, federal student loan repayment options, federal student loans, forbearance, forbearing student loans, income-based repayment plan, limited job availability, New York Times, NextStudent, student loans

2009 College Grads: If You Can Find a Job, Expect a Lower Salary
16 April 09 02:14 PM | Student Loan Girl | 0 Comments   

Getting a decent job this spring is going to be tough: not only are employers projecting that they’ll hire 22 percent fewer college graduates, but they also plan to pay those graduates less than their peers were paid last year. Read More...

Filed under: 2009 salaries, accounting, accounting majors, business administration major, business major, business management major, BusinessWeek, Camille Luckenbaugh, career services, college, college financial aid, college graduates, college loans, college senior, computer science majors, employers, engineering, engineering major, finance major, financial aid, full time employment, internship, internship salaries, job prospects, Leslie Kohlberg, liberal arts major, Lindsey Gerdes, Madison, NACE, new hire, NextStudent, paying for college, Richard White, Rutgers University, student loans, The National Association of Colleges and Employers, tuition, University of Wisconsin

Gloomiest Job Outlook for New Grads in 25 Years
09 April 09 04:20 PM | Student Loan Girl | 0 Comments   

Recent college graduates face one of the worst job markets in years, making the prospect of finding a job that much more daunting at a time when America is experiencing the highest unemployment rate in a quarter century. Landing a job may be even more difficult, according to a survey by the National Association of Colleges and Employers, since companies have indicated they plan to hire 22 percent fewer graduates this spring. Read More...

Filed under: America, budget analysts, career counselors, career services, Colgate University, college, college campuses, college financial aid, college graduates, college loans, college recruiting, dismal job outlook, downsizing, Duke University, Elizabeth Alexander, entry level positions, federal government, finance, financial aid, firefighters, healthcare, hiring survey, hiring trends, historians, job market, job markets, job openings, job prospects, job search skills, Justin Pope, National Association of Colleges and Employers, New York, NextStudent, paying for college, potential employers, Sheila Curran, student loans, Teresa Olsen, The Associated Press, tuition, unemployment rate, University of Texas at Austin

Groups Say Forgiving Student Loan Debt Would Boost Economy
25 March 09 05:16 PM | Student Loan Girl | 0 Comments   

As student loan debt continues to rise — jumping to $20,098 per graduating student loan borrower in 2007 from $18,796 in 2006 — and employment prospects continue to worsen, college graduates are experiencing greater difficulty repaying their student loans, Read More...

Filed under: affordable student loan payments, bankrupcty debt discharges, Brooklyn District Attorney's Office, BusinessWeek, cancel student loan debt, canceling student loan debt. Alan Colinge, college, college graduates, college loans, discharge student loans, Educaiton Department, Facebook groups, federal student loans, FinAid.org, graduate debt, income based repayment plans, NextStudent, private student loanns, public services loan forgiveness, Robert Applebaum, student loan borrowers, student loan debt, student loan forgiveness, student loan justice, Student Loan Legislation, student loan system, student loans, U.S. Department of Education

Job Outlook for College Graduates Not Encouraging
04 December 08 02:20 PM | Student Loan Girl | 0 Comments   

Up-and-coming college graduates may soon face one of the toughest job markets in years as they encounter employers who are scaling back hiring and a job market flooded with hundreds of thousands of recently unemployed workforce veterans. Just last month, Read More...

Filed under: annual employment report, associate degree graduates, bachelors degree graduates, college, college financial aid, college graduates, college loans, Collegiate Employment Research Institute, economic uncertainty, employees, employers, financial aid, health care, hiring, hiring projections, job market, job outlook, job prospects, medical manufacturing, Michigan State University, NextStudent, nonprofit organizations, oil and gas industry, paying for college, Philip Gardner, science, student loans, technology, The Chronicle of Higher Education, tuition, U.S. Department of Labor, unemployment rate, workforce veterans

Teach for America Sees Surge in Applications
24 June 08 03:40 PM | Student Loan Girl | 0 Comments   

Teach for America, the nonprofit program that recruits graduates of elite colleges to become teachers at underserved public schools, is on a winning streak, according to U.S. News & World Report (“ Plenty of Praise for Teach for America ,” June 20, Read More...

Filed under: college, college graduates, college loans, higher education, math education, NextStudent, nonprofit programs, Princeton, science education, student achievement, student loans, Teach for America, teachers, TFA, Time magazine, Time magazine's 100 most influential people, Time's 100 Most Influential People, U.S. News &amp, UC Berkeley, undergraduates, University of California at Berkeley, University of Illinois, University of Michigan, University of Texas, Urban Institute, Wendy Kopp, World Report