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Understanding Obama’s New Student Loan Plan


Aug 15, 2014
With the final month of summer rapidly slipping away, now is the time to buckle down and finalize how you're going to fund your college education. Whether that entails a full-ride scholarship (way to go!), an impressive financial aid package or even necessary loans, it's important to understand your options. Some of you might even be considering President Obama's Pay As You Earn Repayment Plan...if you can figure out what it involves or if it's even an option. If you're confused about this plan, you're in luck: U.S. News and World Report has broken down the big questions you need answered below: Will these updates help me? If you have federal student loans, maybe. Starting in 2015, borrowers who took out loans before October 2007 or stopped borrowing by October 2011 will be [...]
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28 months ago 6 comments

In the wake of the recent scandal at Claremont McKenna College, one has to wonder if college rankings are all they’re cracked up to be. Colleges seem to think so – some administrators are willing to fudge standardized testing data in order to move up even one slot and bonuses have been offered to the presidents of schools that increase their positions – but what about the students? Do they care [...]

58 months ago 0 comments Read More

There are myriad reasons to attend a particular university – from prestige and academics to athletics and diversity. But if you’re in search for the universities with the top rated professors, CBS Money Watch has created the ultimate list for you. To compile the list, CBS relied on data from the Center for College Affordability and Productivity, which referenced information from [...]

72 months ago 0 comments Read More

Each year the Princeton Review releases its comprehensive list of colleges ranked by the extracurricular and social offerings on their campuses, how happy their students are, and which schools are the most religious or LGBT-friendly, among a number of other categories. The distinction that gets the most attention year after year, however, is the school the review dubs as the top “party school,” [...]

76 months ago 0 comments Read More

You’ve seen lists ranking the “greenest” colleges, those who are the most neighborly, and the schools most concerned about the social good. The latest list released this week from PayScale Inc. ranks colleges based on their Return on Investment (ROI), a calculation they came up with by considering the cost of college against the estimated median salary of a graduate from a particular school, 30 [...]

78 months ago 0 comments Read More

Just in time for the 40th anniversary of Earth Day, The Princeton Review has come up with a list of the 286 greenest colleges. The list is based on the notion that the environment has become so important to college students that some would base their college searches on whether or not a school is as concerned as they are about preserving the ecosystem. The Princeton Review partnered with the [...]

80 months ago 0 comments Read More

Whether you place much value on the lists that come out ranking colleges each year or not, it's never a bad idea to do your research and be informed when starting your college search. The latest, a ranking of the "100 Best Values in Public Colleges," comes from Kiplinger, which based its conclusions on a combination of academic quality - standardized test scores, retention and graduation rates, [...]

83 months ago 0 comments Read More

Most of you know what a college town looks like - a community dominated by the students, faculty and staff of the school that occupies the community there. While many students prefer to apply to the more insulated school environment that comes with a college town, others seek out educations in cities where there's more to the community than the college housed there. Something those students may [...]

86 months ago 0 comments Read More

From best dorm food to greatest contributions to the social good, regardless of the criteria you're using in your college search, there are likely lists available to help you find the best colleges to fit your needs. The latest college scorecard to emerge this college application season is the College Sustainability Report Card, an annual publication that grades public and private colleges and [...]

86 months ago 0 comments Read More

The Obama health plan isn't the only hotly debated controversy in which the of the social good is currently being invoked. College rankings also fall into this category with the release of Washington Monthly's annual rankings this month, which differ sharply from the better-known U.S. News and World Report rankings, and focus primarily on universities' contributions to the "social [...]

87 months ago 0 comments Read More

Back to school season is also college rankings season, and in addition to well-known lists like those published by U.S. News and Princeton Review, several other organizations publish their own college rankings based on often-overlooked criteria. One such list was released this week by G.I. Jobs Magazine, naming the top military-friendly schools in the United States. To make the list, a school [...]

88 months ago 0 comments Read More