Student loans are growing at astronomical rates and experts warn the rate of growth may be unsustainable. Experts have started calling it the ‘education bubble’ and warn that unless colleges take steps to control cost, future U.S. economic growth may be adversely affected by the loan crisis. In the past decade, cumulative growth in student…
Missouri State officials are proposing to cap the cost of payday loans. They will put the measure before voters this November. Opponents and supporters of the ballot measure filed lawsuits this week challenging the legality of sections of the proposed law. Critics of the measure filed their lawsuit challenging the ballot measure because it does…
As recent college graduates grapple with massive student loans, poor economic and employment conditions, it is time to start thinking about the best ways to manage the student loans. Most graduates who took out loans while in college owe tens of thousands of dollars and are worried that they may never pay it off.…
Undergraduate students who need Pell grants to help pay for college education received a boost this week when President Barack Obama signed the Budget Control Act of 2011 into law. The new compromise agreed to by the president and congressional leaders would increase the funds available to Pell grants, which offer financial aid to help…
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