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$100,000 per Year! Rising College Costs and Student Loans

Discovery College Consulting

Much of this increase is due to a drop in funding from states following the 2008 financial crisis. declines in state and local funding. In a segment on Last Week Tonight with John Oliver ,* the former head of Louisiana State University, F. At the same time that states reduced funding, colleges began spending more money.

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Can You Discharge Federal Student Loans Through Bankruptcy?

BestColleges

It has historically been difficult to discharge student loans through bankruptcy. Bankruptcy can erase many different kinds of federal student loans, not just Direct Loans. Contrary to popular belief, many federal student loan borrowers can erase some or all of their student debt through bankruptcy.

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Report: Education Dept. Illegally Took Wages From Student Loan Borrowers

BestColleges

Wage garnishments are withheld wages from loan borrowers who have defaulted. The report claims the Department of Education has lost control over the garnishment collection system, saying it is riddled with invalid addresses and gaps in contact information. Garnishment became illegal after the CARES Act of 2020. How Did This Happen?

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Best Online Doctorate in Information Technology Programs

BestColleges

Are you ready to push the boundaries of human knowledge in the information technology space? program in information technology can shape your research, prepare you for a leadership role, or qualify you to teach information technology at the university level. in Information Technology Program? An online Ph.D.

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Biden Student Loan Forgiveness Update: Where Things Stand Currently

BestColleges

President Biden last August proposed a highly anticipated plan to erase millions in student loan debt. Millions of federal student loan borrowers continue to wait patiently — sometimes impatiently — for promised loan forgiveness. 21 that the lawsuit involving six Republican-led states had legal standing.

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Fundamentals of Financial Aid for 2024

Admissions.Blog

If one sentence could sum up the state of financing an American college education in 2024 it would be, “The more things change the more things stay the same.” Students with significant financial need may receive need-based aid in the form of grants, scholarships, work-study programs, and subsidized loans.

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Update: What the Federal Student Loan Servicing Shake-Up Means for Borrowers

Admitted

In 2010, the federal government eliminated the bank-based student loan program (formerly the Federal Family Education Loan Program, or FFELP) in favor of originating loans directly from the Department of Education). As a result, some companies have decided not to continue serving as student loan servicers.

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