Student financial aid

FILE - In this Feb. 20, 2019, file logos for credit cards are visible on the cards in Zelienople, Pa. On Friday, June 7, the Federal Reserve releases its April report on consumer borrowing. (AP Photo/Keith Srakocic, File)
June 07, 2019 - 3:06 pm
WASHINGTON (AP) — Consumer borrowing accelerated in April to the fastest pace in five months as a rebound in credit card usage offset slower demand for auto and student loans. The Federal Reserve says borrowing increased by $17.5 billion. That is up from March's $11 billion advance and marks the...
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Robert F. Smith, left, laughs with David Thomas, center, and actress Angela Bassett at Morehouse College on Sunday, May 19, 2019, in Atlanta. Smith, a billionaire technology investor and philanthropist, said he will provide grants to wipe out the student debt of the entire graduating class at Morehouse College - an estimated $40 million. Smith, this year's commencement speaker, made the announcement Sunday morning while addressing nearly 400 graduating seniors of the all-male historically black college in Atlanta. (Bo Emerson/Atlanta Journal-Constitution via AP)
May 19, 2019 - 11:40 pm
A billionaire technology investor stunned the entire graduating class at Morehouse College when he announced at their commencement Sunday that he would pay off their student loans __ estimated at up to $40 million. Robert F. Smith, this year's commencement speaker, made the announcement while...
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FILE - In this May 3, 2017, file photo Education Secretary Betsy DeVos speaks during a school choice event in the Roosevelt Room of the White House in Washington. Education advocates say a Trump administration plan to use federal Pell Grant money to fund space exploration would jeopardize aid for future college students and could trigger a budgeting crisis within a few years. (AP Photo/Evan Vucci, File)
May 14, 2019 - 6:42 pm
Education advocates say a Trump administration plan to use federal Pell Grant money to fund space exploration would jeopardize aid for future college students and could trigger a budgeting crisis within just a few years. The plan aims to redirect $1.9 billion from a Pell Grant surplus to jumpstart...
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President Donald Trump speaks during a meeting with Hungarian Prime Minister Viktor Orbán in the Oval Office of the White House, Monday, May 13, 2019, in Washington. (AP Photo/Evan Vucci)
May 13, 2019 - 11:11 pm
WASHINGTON (AP) — The Trump administration wants to shift money for Pell Grants for college education to fund new spending, including a $1.6 billion bump for NASA to return American astronauts to the moon by 2024. Under a budget amendment sent to Congress Monday evening, the administration would...
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FILE - In this Wednesday, April 10, 2019, file photo, Education Secretary Betsy DeVos testifies before the House Education and Labor Committee on Capitol Hill in Washington. A political battle is reheating over a federal program that was designed to cancel student loans for certain public workers but has largely failed to deliver that promise. The program, Public Service Loan Forgiveness, promises to erase federal student loans for public workers who make 10 years of payments while working for approved employers. (AP Photo/Manuel Balce Ceneta, File)
April 29, 2019 - 5:57 am
In 2007, the U.S. government made a promise to public service workers: Make 10 years of payments on their federal student loans and any remaining debt would be erased. But officials have largely failed to deliver. And that's left lawmakers questioning whether to end the program or try to fix it...
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In this April 19, 2019, photo, Democratic presidential candidate South Bend Mayor Pete Buttigieg answers questions from employees during a campaign stop at a dairy company in Londonderry, N.H. Buttigieg’s presidential campaign has attention and money. Now he has to convert that into a sustainable operation that can keep him in the race well into next year. (AP Photo/Charles Krupa)
April 23, 2019 - 4:24 am
MANCHESTER, N.H. (AP) — The Latest on a series of town halls with five 2020 Democratic presidential candidates (all times local): Midnight South Bend, Indiana, Mayor Pete Buttigieg (BOO'-tuh-juhj) says President Donald Trump has "made it pretty clear that he deserves impeachment," but he will "...
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Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., speaks during a campaign rally Wednesday, April 17, 2019, in Salt Lake City. (AP Photo/Rick Bowmer)
April 22, 2019 - 8:38 am
COLUMBIA, S.C. (AP) — Democrat Elizabeth Warren is proposing the elimination of existing student loan debt for millions of Americans, part of a sweeping set of education funding proposals announced as she and other presidential candidates seek to differentiate themselves in a sprawling field. The...
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FILE- In this March 14, 2019, file photo students walk on the Stanford University campus in Santa Clara, Calif. Before student loans, people who couldn’t afford to go to college usually didn’t. Even though tuition was cheaper, it was still cost-prohibitive for many, who turned to solutions such as working through school, getting help from their parents or finding scholarships. (AP Photo/Ben Margot, File)
April 04, 2019 - 11:38 am
College tuition was less than what today's students pay for textbooks when Caron and Jack Knopoff attended Chicago's Wright Junior College in the mid-1960s. Tuition at what is now Wilbur Wright College was $24 per credit hour, Caron Knopoff says. To cover this cost, the couple, who were dating at...
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In this Sunday, March 24, 2019 photo a passer-by walks on a pedestrian walkway, in Boston's Seaport district. At the end of 2018, 18- to 29-year-olds carried over $1 trillion in debt, according to the Federal Reserve. That’s the highest level since 2007. “Understanding your options and making a plan is imperative,” says Billy Hensley, CEO of the National Endowment for Financial Education. “Anyone doing that is going in the right direction.” (AP Photo/Steven Senne)
March 26, 2019 - 9:05 am
The saying that debt is easy to get into and hard to get out of hits home for younger Americans: At the end of 2018, 18- to 29-year-olds carried over $1 trillion in debt, according to the Federal Reserve. That's the highest level since 2007. "Understanding your options and making a plan is...
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President Donald Trump speaks before signing an executive order on "improving free inquiry, transparency, and accountability on campus" in the East Room of the White House, Thursday, March 21, 2019, in Washington. (AP Photo/Evan Vucci)
March 21, 2019 - 9:37 pm
President Donald Trump signed an executive order Thursday requiring U.S. colleges to protect free speech on their campuses or risk losing federal research funding. The new order directs federal agencies to ensure that any college or university receiving research grants agrees to promote free speech...
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