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"The Origins of the Student Loan Industry in the United States: Richard Cornuelle, United Student Aid Funds, and the Creation of the Guaranteed Student Loan Program." Journal of American History 110(4): 667–688. Loonin, Deanne. Student loan law: Collections, intercepts, deferments, discharges, repayment plans, and trade school abuses.
Colleges attempt to provide students with enough financial aid to meet all student need, but in most cases are unable to do so completely. The result is "unmet need". Under federal law, if there are special circumstances such as loss of a job or large medical expenses, college financial aid offices have considerable liberty to lower a student's ...
Three in 10 U.S. adults say they approve of how Biden has handled the issue of student loan debt, while 4 in 10 disapprove, according to a new poll from the University of Chicago Harris School of ...
It’s October, and for millions of Americans, a familiar interloper has slid its way back into that pile of monthly bills: The federal student loan payment, which is resuming after a three-year ...
After a three-year-long payment pause on federal student loans, Americans say they aren't ready to start making payments again. See: Student Loan Pause Ends June 30 -- Here's Why You May Not Have ...
Education level. Currently have student debt. Had, but paid it off. Never took on student debt. No high school, High school graduate. 8%. 9%. 82%. Some college, 2-year degree
In the 1980s, federal student loans became the centerpiece of student aid received. [48] From 2006–2012, federal student loans more than doubled and outstanding student loan debt grew to $807 billion. [48] One of the consequences of increased student borrowing is an increase in the number of defaults. [49]
The clock is ticking on the resumption of federal student loan payments after a payment pause that began more than three years ago. Payments are set to resume in October 2023 -- and a lot of people...