Student Loan Blog

In response to a $274 million loss in state funds, Georgia’s Board of Regents voted unanimously to suspend its “Fixed for Four” program, which guaranteed freshmen entering the University System of Georgia a set tuition rate for four years of school, The Atlanta Journal-Constitution reports (“Regents Suspend Fixed Tuition Program,” April 14, 2009). ...

Judah Lakin, a Rhode Island high school teacher, spends much of his time trying to help his students prepare for college. But even if his students have what it takes to pursue a higher education, many of them are undocumented immigrants and will never step foot on a college campus because they don’t have access to federal financial aid or ...

College-age students who want a higher education without the hefty high price tag are heading to Canada, where a college education can cost nearly half of what it would cost in the United States, reports The Boston Globe (“Canada: Passport to Higher Ed, Lower Cost,” Dec. 25, 2008). The number of Americans attending Canadian universities has ...

A new report has found that last year’s increases in college tuition were more on pace with rises in the Consumer Price Index — the measure of the average price of consumer goods and services. But despite the relative steadiness of college affordability, students still received record amounts of financial aid and borrowed more in student loans, ...

Without additional taxpayer funds next year, the government’s “most important” federal financial aid program may be unable to provide Pell Grants to millions of eligible low-income students, likely pricing these students out of a higher education, according to an article in The New York Times (“Pell Grants Said to Face a Shortfall,” Sept. ...

In June, 6,000 MBA hopefuls saw their aspirations come crashing down when it came to light that their GMAT scores could be cancelled due to a cheating scandal that involved the illegal posting of live GMAT test questions on Scoretop.com. Most of those students named in the controversy can now breathe a sigh of relief. The Graduate ...

In an incident that mirrors the recent scandal at West Virginia University where an executive M.B.A. was improperly awarded to the governor’s daughter, an investigation found that Virginia Commonwealth University awarded the state’s police chief a bachelor’s degree despite his failure to complete certain degree requirements, according to an ...

Sales of new textbooks at some of the nation’s college presses are declining, and though many press directors are unsure why sales are slipping, others think it may have to do with online piracy of the books, according to an article in The Chronicle of Higher Education (“Textbook Sales Drop, and University Presses Search for Reasons ...

Several Texas colleges and universities are rolling out new classes and programs designed to help their students become more financially-savvy about everything from student loans to personal finances, reports Pamela Yip, business columnist for The Dallas Morning News (“Colleges Spending More Time Teaching Financial Literacy,” Sept. 1, ...

Zack Ketz, a University of Virginia studio art major, is not the first to use an eBay auction as a ploy for free tuition. Oklahoma Wesleyan University found a bidder to pay $18,669.99 for one year of tuition and room, and board — valued at $23,000 — on the site last year. However, Ketz’s effort was not as successful. His auction’s final ...