Student financial aid

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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FILE - In this Feb. 7, 2019, file photo, Ivanka Trump speaks during a roundtable on the Women's Global Development and Prosperity Initiative in the Eisenhower Executive Office Building on the White House complex in Washington. President Donald Trump’s 2020 budget proposal will include $100 million for a global women’s fund spearheaded by his daughter Ivanka Trump. (AP Photo/ Evan Vucci, File)
March 18, 2019 - 1:05 pm
The Trump administration is proposing new limits on student borrowing as part of a broader plan to curb the cost of college. White House officials announced the plan Monday amid a list of education priorities as Congress sets out to overhaul the Higher Education Act. The plan says Congress should...
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Foto de abril del 2017 de la columnista de NerdWallet Liz Weston suministrada por esa firma. (NerdWallet via AP, File)
March 11, 2019 - 10:58 am
Millions of Americans get their health insurance and retirement accounts through their employers. Now some are getting help with their debt. Companies including insurer Aetna and accounting firm PwC help employees pay down student loans. Others partner with startups to offer debt solutions as an...
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FILE - In this May 10, 2018, file photo, students walk past Sather Gate on the University of California at Berkeley campus in Berkeley, Calif. Choosing a college based on price can save you from overwhelming student debt, give your parents a break and increase the likelihood of a return on investment in your education. (AP Photo/Ben Margot, file)
February 28, 2019 - 1:40 pm
Many prospective students choose a college for its location, its reputation or even its campus vibe. Here are three reasons to choose a college based on price. YOU CAN AVOID HIGH STUDENT DEBT If you pick an affordable college, you're less likely to be burdened with high debt. Borrowing less now...
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FILE- In this Oct. 23, 2018, file photo, students walk on the campus of Miami Dade College, in Miami. The nine companies and organizations tasked with servicing the accounts of the nation’s 30 million student loan borrowers repeatedly failed to do their jobs properly over a period of years and their regulator neglected to hold them responsible, a new report finds. The report released Thursday, Feb. 14, 2019, by the Department of Education’s independent Inspector General’s office shows some borrowers weren’t getting the guidance and protection they needed as they sought the best plan for paying off their student loans. (AP Photo/Lynne Sladky)
February 14, 2019 - 1:04 pm
NEW YORK (AP) — The nine companies and organizations tasked with servicing the accounts of the nation's 30 million student loan borrowers repeatedly failed to do their jobs properly over a period of years and their regulator neglected to hold them responsible, a new report finds. The report...
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FILE- In this June 15, 2018, file photo, twenty dollar bills are counted in North Andover, Mass. Default on your federal student loans and the government can take up to 15 percent of each paycheck to satisfy your debt. The Education Department can also withhold federal benefits like tax returns and Social Security payments. Garnishment is an effective tool to recoup unpaid loans, private collection agencies enlisted by the Education Department took in over $841.6 million via wage garnishment in the 2018 fiscal year, but it inflicts serious financial strain on borrowers who are already struggling. (AP Photo/Elise Amendola, File)
February 05, 2019 - 9:14 am
There's a dirty little secret of the student debt crisis. One that affects millions of borrowers, but isn't talked about at dinner tables, on social media or in think pieces about student loans. The taboo topic is wage garnishment and it works like this: Default on your federal student loans and...
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January 23, 2019 - 8:00 pm
ALBANY, N.Y. (AP) — New York lawmakers voted Wednesday to extend state financial aid to students brought into the country illegally as children, a key liberal priority that had been blocked by Republicans for years until Democrats won control of the state Senate last fall. The so-called Dream Act...
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FILE - This April 2017 file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)
January 23, 2019 - 8:39 am
Tyler Luker of Plano, Texas, is a high school junior who already knows which college he wants to attend (University of Missouri), how much it costs ($43,300 for out-of-state residents) and how much he can expect his single mother to contribute: nothing. "That's protecting my retirement," says...
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FILE- This Jan. 8, 2015, file photo shows a row of chairs with the "Pitt" logo, for the University of Pittsburgh before an NCAA college basketball game in Pittsburgh. The University of Pittsburgh is offering graduating seniors up to $5,000 in federal student loan relief with one request: They pay it forward. The school’s new program, Panthers Forward, will help recent graduates chip away at student debt and introduce them to alumni mentors to encourage professional development. Students have no obligation to repay the gift, but the university is encouraging recipients to make financial contributions to sustain the program. (AP Photo/Keith Srakocic, File)
January 17, 2019 - 9:57 am
With collective U.S. student loan debt nearing $1.5 trillion, some colleges are testing innovative solutions to help reduce student borrowing. Using no-strings-attached student loan payoff-assistance programs, college loan alternatives and annual student debt letters, these three universities are...
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