December 17, 2015 by I Am Not A Loan
New Income-Driven Repayment Plan Now Available for ALL Federal Direct Student Loan Borrowers: REPAYE
Starting today, all borrowers with federal Direct student loans have access to a new repayment plan with monthly payments limited to 10% of your discretionary income. You can enroll regardless of when you borrowed. If you’re having trouble affording your monthly payments – or just want the assurance of payments based on your income – check out the Revised Pay As You Earn (REPAYE) plan and see if it’s right for you.
December 08, 2015 by Gail Zuagar
Today, we released a new analysis, looking at a decade of graduation rates at four-year, public institutions. The report — titled Rising Tide: Do College Grad Rate Gains Benefit All Students? — shows that the majority of institutions have made improvements in these last 10 years, but those improvements don’t always translate into gains for everyone. I spoke with Kimberlee Eberle-Sudré, one of the authors of the report, to learn more.
December 07, 2015 by I Am Not A Loan
More than 42 million Americans owe a total of $1.1 trillion in student debt, making it the second-largest liability on the national balance sheet. A generation ago, student debt was a relative rarity, but for today’s students and recent graduates, it’s a central fact of economic life that we don’t know much about. Mapping Student Debt is changing that.