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Report Reveals ‘Weak Connection’ Between Debt and Earnings Outcomes for Graduate Students

BestColleges

Between 2004 and 2016, the percentage of graduate students who borrowed $80,000 or more rose from 1% to nearly 11%. Earnings have remained mostly stagnant for graduate degree-holders over the last 20 years, when adjusted for inflation.

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Republican Proposal Would Double Pell Grants, Set Student Loan Caps

BestColleges

It aims to overhaul the federal student loan system by removing the Parent PLUS and Grad PLUS loan programs. A high-ranking Republican lawmaker introduced legislation that would overhaul many aspects of the federal student loan system. Foxx framed the legislation as an answer to the student loan debt crisis.

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Supreme Court Loan Forgiveness Ruling Confirms Mistrust Among College Students

BestColleges

The Supreme Court rules against Biden's student loan debt forgiveness plan in a 6-3 decision. A BestColleges survey found over half of the students would be angry or disappointed if the court overruled the program. Less than one-third (32%) said they trusted the Supreme Court to make the right decision on loan forgiveness.

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Johns Hopkins University Graduate Students File to Form Union

BestColleges

Over 3,000 graduate student workers signed union cards to support the unionization effort. Among other things, organizers hope to negotiate a living wage for all student workers. Students at Johns Hopkins University hope to be the next in a wave of graduate student unions across the U.S.

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Biden Admin Forgives $6B in Debt for Former Art Institute Students

BestColleges

Former students need not take any further action to qualify for debt forgiveness. Many former Art Institute students will soon see their remaining federal student loan debt balance cleared. Borrowers will see complete forgiveness of all federal student loans taken out to attend an Art Institute campus.

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Most College Students Would Feel Angry If SCOTUS Blocks Student Loan Forgiveness

BestColleges

The majority of all college students (65%) support some form of large-scale student loan forgiveness. Support for loan forgiveness is especially high among women (68%) and LGBTQ+ students (75%). Around 14% of students disagree with large-scale loan forgiveness, and 21% answer that they feel neutral.

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A Guide to How to Pay for Grad School

College Essay Guy

That number you just read is the average debt balance among graduate students with federal student loans in 2023, according to the Education Data Initiative. Here’s some good news: you may not need to take out any student loans to go to graduate school. In fact, loans should be your last resort.

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