college debt http://tpr.org en The Source: Expanding Debt Relief For Students http://tpr.org/post/source-expanding-debt-relief-students <p>Yesterday President Obama signed a presidential memorandum that, when implemented, expands access to a repayment cap of 10 percent of income to an additional 5 million federal borrowers.</p><p>The action takes a law passed in 2010 applying to new loans and applies it to loan holders who borrowed before October 2007.</p><p>College affordability and the ability to go and then pay off your debt are of great concern across the country as the average college graduate, from 2012, owed $29,000 and the costs keep rising.&nbsp;</p><p>What can we do to make college more affordable?&nbsp;</p> Tue, 10 Jun 2014 19:50:33 +0000 Paul Flahive 33156 at http://tpr.org The Source: Expanding Debt Relief For Students When Money Trumps Need In College Admissions http://tpr.org/post/when-money-trumps-need-college-admissions At some schools, the admissions process itself can work against low-income students, according to Georgia Nugent, former president of Kenyon College and a senior fellow at the Council of Independent Colleges.<p>Nugent says during her tenure at Kenyon, there were low-income students at the bottom of the admissions list who sometimes weren't accepted so the school could make room for more affluent students.<p>"Approximately 90 percent of the class, we really did try to meet their full financial need," she says. Thu, 24 Apr 2014 07:37:00 +0000 NPR Staff 30569 at http://tpr.org When Money Trumps Need In College Admissions Senator Warns Of A Student Loan Bubble http://tpr.org/post/senator-warns-student-loan-bubble Each year, the federal government provides more than $150 billion in grants and loans to help students pay for college. And while <a href="http://www.pewsocialtrends.org/2014/02/11/the-rising-cost-of-not-going-to-college/" target="_blank">a bachelor's degree has become increasingly valuable</a>, young people are taking on record levels of debt to earn that degree.<p>That's the backdrop for a Senate hearing Thursday on reauthorization of the Higher Education Act, the 1965 law that governs the federal financial aid system. Thu, 27 Mar 2014 06:56:00 +0000 editor 28993 at http://tpr.org Senator Warns Of A Student Loan Bubble Some Common Misconceptions About Paying For College http://tpr.org/post/some-common-misconceptions-about-paying-college In reporting on students <a href="http://www.npr.org/2014/03/25/293870089/maze-of-college-costs-and-aid-programs-trap-some-families">navigating the maze</a> of college costs and financial aid, I kept running into misconceptions about paying for a degree. Here are some of the most common ones:<p><strong>Low-income students get most of their college financial aid needs met and rich kids don't have to worry, so it's mainly the middle class that gets squeezed. Tue, 25 Mar 2014 17:46:43 +0000 Eric Westervelt 28878 at http://tpr.org Some Common Misconceptions About Paying For College