The federal government has grown in importance for higher education for decades. The most long-lasting effect could be its status as the lender of first resort for student loans. The … Continue reading “Did You Know? Majority of Federal Funding for College Is for Student Loans”
Editor’s Note: The Council for Christian Colleges and Universities will provide a rebuttal in the near future. I am counseling a young married couple experiencing serious financial hardship. Their financial … Continue reading “Are Christian Colleges Worth the Debt Burden?”
For years I have railed against the dysfunctional federal student loan program. The availability of cheap federal student loans has enabled universities to increase tuition fees aggressively, helping fund an … Continue reading “New Research Shows Federal Student Aid Is Worse than We Thought”
When students take federal loans to pay for college, the government declares them to be in default if a student doesn’t make a payment for 9 months. According to the … Continue reading “Did You Know? The North Carolina Colleges with High Student Default Rates”
When students are late making a monthly payment on their federal student loans, the loan becomes delinquent. And if they don’t make any payments for 270 days, most types of … Continue reading “Did You Know? Student Loan Defaults Are Most Common in West Virginia, New Mexico”
With the rising number of student loan defaults, the federal government has reaped what it has sown. A government policy to give virtually any student a loan has pushed tens … Continue reading “Student Loan Defaults Reveal the True Cost of Student Loans”