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The U.S. Department of Education will offer a contract to a single loan servicer to manage its $1.2 trillion student loan portfolio, which contains over 43 million borrowers. Instead of keeping its current contract with four different services, the ED will award Navient, GreatNet or the Pennsylvania Higher Education Assistance Agency (PHEAA) the contract. What exactly does this mean for borrowers?

Department of Education Seeking Single Loan Servicer

May 23, 2017 10:23 AM
by Susan Dutca
The U.S. Department of Education will offer a contract to a single loan servicer to manage its $1.2 trillion student loan portfolio, which contains over 43 million borrowers. Instead of keeping its
New York's free college scholarship program is being met with heavy criticism as more details have emerged and it is set to start in fall of 2017. Though lauded for being the first of its kind to offer free college tuition at public colleges and universities, many European countries already offer free college, regardless of family income level...and at the tax payers' expense.

New York Free College Scholarship Program Not So "Free"?

April 18, 2017 11:23 AM
by Susan Dutca
New York's free college scholarship program is being met with heavy criticism as more details have emerged and it is set to start in fall of 2017. Though lauded for being the first of its kind to
The Princeton Review’s 2017 College Hopes & Worries survey reveals that biggest worry for students and parents is the level of debt I/my child will take on to pay for the degree. While this concern doesn’t come as a surprise, it differs greatly from the average woe a decade ago; not getting in to [a] first-choice college.

College Debt the Main Woe for Students, Parents

March 28, 2017 10:30 AM
by Susan Dutca
The Princeton Review’s 2017 College Hopes & Worries survey reveals that biggest worry for students and parents is the "level of debt I/my child will take on to pay for the degree." While this concern
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