Student financial aid

Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., speaks during a campaign event, Sunday, Jan. 12, 2020, in Marshalltown, Iowa. (AP Photo/Patrick Semansky)
January 14, 2020 - 6:00 am
WASHINGTON (AP) — Presidential candidate Elizabeth Warren says she'd order her secretary of education to cancel up to $50,000 in college debt for about 95% of student borrowers on her first day in office, effectively erasing outstanding loans for about 42 million Americans. The Democratic senator...
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FILE - This undated file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)
December 02, 2019 - 4:41 am
Many of us feel bad about our debt. Most of us probably shouldn’t. Three-quarters of U.S. households owe money, but the vast majority pay their bills on time and have debt loads that are reasonable given their incomes. But many people still report being embarrassed about owing money. In one study,...
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This Sunday, Aug. 11, 2019, photo shows credit cards in New Orleans. On Thursday, Nov. 7, the Federal Reserve releases its August report on consumer borrowing for September. (AP Photo/Jenny Kane)
November 07, 2019 - 2:08 pm
WASHINGTON (AP) — Consumer borrowing rose in September at a modest pace, driven by more student and auto loans, though a category that mostly includes credit cards fell for the second straight month. The Federal Reserve said Thursday that overall consumer borrowing increased 2.8% to $4.15 trillion...
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Former Vice President and Democratic presidential candidate Joe Biden speaks at the SEIU Unions For All Summit on Friday, Oct. 4, 2019, in Los Angeles. (AP Photo/Ringo H.W. Chiu)
October 08, 2019 - 11:35 am
Democratic presidential candidate Joe Biden wants to make community and technical college free and federal college loan programs more generous as he shifts leftward but not as far as his 2020 rivals. The former vice president's $750 billion higher education plan represents a major expansion of the...
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FILE - This Aug. 11, 2019, photo shows a Chase Bank Slate credit card in New Orleans. On Monday, Oct. 7, the Federal Reserve releases its August report on consumer borrowing. (AP Photo/Jenny Kane, File)
October 07, 2019 - 12:07 pm
WASHINGTON (AP) — Consumer borrowing increased at a solid pace in August, helped by the biggest jump in auto and student loans in three years. The Federal Reserve says total credit rose $17.9 billion after a $23 billion increase in July. The August strength came from a $19.8 billion increase in the...
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September 17, 2019 - 5:02 am
Glossy mailers promising low rates and cleverly crafted ads on your favorite podcast might leave you wondering: Should you refinance your student loans? With over $1.6 trillion in student loan debt in America as of March 2019, student loan refinance companies have an incentive to entice you. And a...
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FILE - In this April 9, 2019, file photo, pedestrians walk on the campus at Stanford University in Stanford, Calif. College students who earned money this summer can make the most of it by including a few longer-term financial goals in their budgeting. (AP Photo/Jeff Chiu, File)
September 05, 2019 - 7:33 am
What you do with your paychecks in college can affect your financial life long after you toss your graduation cap. By saving money and repaying debt now, you're doing Future You a huge favor. Of course, you need to take care of Present You, too. Set aside what you've budgeted for this year's...
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FILE - In this April 10, 2019 file photo, Education Secretary Betsy DeVos testifies before the House Education and Labor Committee at a hearing on 'Examining the Policies and Priorities of the U.S. Department of Education' on Capitol Hill in Washington.DeVos has issued new rules on loan forgiveness for students defrauded by their colleges, a rewrite of Obama-era regulations that advocates say will make it tougher for students to get any relief. DeVos says schools that defraud students must be held accountable but that the Obama rule, which was aimed at for-profit colleges, wasn’t working. (AP Photo/Manuel Balce Ceneta, File)
August 30, 2019 - 4:45 pm
WASHINGTON (AP) — Education Secretary Betsy DeVos late Friday issued a new rule on loan forgiveness for students defrauded by their colleges, a rewrite of Obama-era regulations that advocates say will make it tougher for students to get relief. DeVos said schools must be held accountable but the...
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FILE- In this Aug. 27, 2018, file photo a sign stands at the construction site for the Consumer Financial Protection Bureau's new headquarters in Washington. The Trump administration has hired a longtime student loan industry executive to be the federal government’s top watchdog for the $1.5 trillion student loan market. Robert Cameron will serve as the CFPB’s new student loan ombudsman, the bureau said Friday, Aug. 16, 2019. (AP Photo/Andrew Harnik, File)
August 16, 2019 - 12:40 pm
NEW YORK (AP) — The Trump administration has hired a longtime student loan industry executive to be the federal government's top watchdog for the $1.5 trillion student loan market. Robert Cameron will serve as the Consumer Financial Protection Bureau's new student loan ombudsman, the bureau said...
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In this June 20, 2019, photo a student walks past a mural in the library at Virginia Commonwealth University in Richmond, Va. College students working a summer job likely shouldn’t sweat how it will affect their financial aid: Dependent students can earn up to $6,660 before it increases their expected family contribution, or EFC. (AP Photo/Steve Helber)
July 18, 2019 - 7:30 am
Roughly one-third of teenagers have summer jobs, according to the Pew Research Center. Some of these jobs may make you very familiar with the letters "SPF." But every working student should know a different abbreviation to avoid getting burned: EFC. While you may be working to help pay for college...
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