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Adrian Bailey points to £10bn black hole in student loans sell-off

MPs have questioned George Osborne‘s claim that he will raise £12bn from the sale of the student loan book after the government’s advisers predicted it would raise just £2bn without significant taxpayer subsidy. Adrian Bailey, chairman of the Commons business … Continue reading

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The Next Massive Bailout: Student Loans

Christopher Futcher—Getty Images/Vetta A new repayment option is really about student debt forgiveness. It’s been popular, and is getting very expensive for taxpayers. A few years ago, I began interviewing adults at least 10 years out of college and who … Continue reading

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Fitch: Pay-as-You-Earn Growth Neutral for US ABS Student Loans

NEW YORK–(BUSINESS WIRE)– Link to Fitch Ratings’ Report: U.S. Private Student Loan ABS Index Report Card http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=742629 The rapid growth of the Pay-as-You-Earn (PAYE) plan to cap student loan obligations is neutral for U.S. student loan ABS, as it only … Continue reading

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Pros and Cons of Paying Off Your Student Loans Early

While paying off your student loans early seems like a no-brainer, it might not always be the best financial decision. In some cases, it could make better sense to put your money to work elsewhere. Here are some of the … Continue reading

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Letters: Education in England is already centralised, Mr Clegg

The government’s education reforms do not “carry the risk” of huge centralisation of power (Clegg calls for ‘middle tier’ of authority to run free schools, 25 October). That centralisation has already occurred. Michael Gove can now open, close or fund … Continue reading

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TSL Education Wins ASU + GSV Award for Teacher Support

SCOTTSDALE, Ariz.–(BUSINESS WIRE)– TSL Education (TSL), the largest single-profession social network in the world, with over 5.5 million registered members sharing hundreds of thousands of pieces of education content – has won the 2014 Return on Education (ROE) Award for … Continue reading

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DeVry Education Group Announces Third Quarter 2014 Results

DOWNERS GROVE, Ill.–(BUSINESS WIRE)– DeVry Education Group (DV), a global provider of educational services, today reported academic, operational and financial results for its fiscal 2014 third-quarter ended March 31, 2014. DeVry Group also reported enrollment results at Chamberlain College of … Continue reading

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IFS: rise in student fees 'will not save taxpayer money'

The disclosure threatens to cause fresh embarrassment for the Coalition which has faced allegations that the sheer scale of unpaid fees represents a “fiscal time bomb” for the public finances. Labour has accused the Government of bungling the introduction of … Continue reading

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Michelle Singletary: Just say no to co-signing on private student loans

Financial columnist Michelle Singletary knows parents often feel pressured to co-sign loans when their students need money for college, but she advises them to think about their own credit and future and say no. Current Subscribers – Activate Now Already … Continue reading

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Student loans may default if co-signer dies | Video

A new report released Tuesday by the Consumer Financial Protection Bureau is warning borrowers of a catch that is pushing private student loans into default even if the loan is in good standing.   The federal consumer agency said that borrowers … Continue reading

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