Tag Archives: financial aid

Federal Student Loan Debt Burden of Noncompleters

Six Graphs on Federal Student Loan Debt Burden of Noncompleters 1. 2. 3. 4. 5. 6. Reference Wei, Christina Chang; and Horn, Laura. (2103). Federal Student Loan Debt Burden of Noncompleters. Stats in Brief. US Department of Education.

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Delinquency in Repaying Student Loans has Increased 70% in 8 Years

In a recent post, “Scariest Study I’ve Read for a Long Time: Demand for High Skill, High Cognitive Occupations Reverse Course,”  I worried about poor labor markets producing conditions where college graduates with student debts wouldn’t have the financial ability to … Continue reading

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Total Student Loan Balances Now Total Nearly $1 Trillion, Tripling in Nine Years

The Federal Reserve Bank of New York has found student loan balances now total nearly $1 trillion, tripling in nine years. The following graph depicts total student loan balances by age group. The great majority of loan balances are found in … Continue reading

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Student Debt Crisis in One Graphic

Source: The Week

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Upper-Middle Class Families in Higher Education Cost Squeeze

The Wall Street Journal captures the dilemma of upper-middle class families. They desire higher educational achievement for their children but enjoy higher incomes, disqualifying them for college discounts, need-based scholarships or federal grants.  With ever increasing college tuition they have … Continue reading

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U.S. Senate Committee’s Scathing Report on For-Profit Colleges

A scathing report on the for-profit higher education sector was released by the U.S. Senate Committee on Health, Education, Labor and Pensions on July 29. I have followed this issue for years and I have several posts on this subject. I … Continue reading

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Rising Student Loan Debt and Increased Delinquencies

The Wall Street Journal documents rising student loan debt and increased delinquencies. One of key factors, but not the only one, associated with rising student debt was lenders bypassing college financial aid offices and marketing directly to students, according to … Continue reading

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Financial Aid Deal: A Win and Several Losses for Students

Congress reached a deal for keeping student loan rates low for at least a year but there are many costs in reaching the agreement: It’s going to be more difficult to qualify for the maximum Pell grant and Congress has … Continue reading

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193 Vocational Programs Fail ‘Gainful Employment’ Test: All in For-Profit Sector

The Department of Education has released data indicating 193 vocational programs fail the ‘gainful employment’ test, all of them in the for-profit sector of higher education. Earlier the DOE established three key benchmarks that will be utilized to establish institutional  … Continue reading

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Incredible Share of Consumer Credit Due to Student Loans

I found the following graph about consumer credit very illuminating, especially the huge share of consumer credit due to student loans. There are three panels to this graph. Be sure to examine the third panel — “Consumer Credit Less Student … Continue reading

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