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Education Department proposes rules to loosen requirements for obtaining a PLUS Loan. Black college advocates hail the changes, but consumer advocates worry the loans can be risky for low-income borrowers.
Community colleges ask Washington for help on a federal loan-default measure they say is snagging colleges where relatively few students borrow.
New snapshot shows that borrowers are taking out more loans to pay for their advanced degrees across a range of disciplines.
Compromise would tie federal student loan interest rates to financial market, cap them, and direct some savings to reducing the deficit. Senate approval is not a sure thing.
After a slew of complaints about federal and private loan processing and collection, Consumer Financial Protection Bureau seeks oversight of the largest servicers.
Examining the results of the Gates Foundation's efforts to change the conversation around federal financial aid.
If mandatory spending cuts go into effect Jan. 1, many federal higher education programs will lose about 8 percent of their funding.
Sociologists' research on different borrowing patterns of men and women, and of those from different wealth levels, illustrate ways that opportunity may be endangered.
Data from the New York Fed show student borrowers are increasingly over 40, including some still paying back their own loans while borrowing for their children's education.
Federal court finds that Education Dept. lacked adequate justification for one key measure in new regulations.
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