Student finances

FILE - In this Sept. 17, 2018, file photo, Education Secretary Betsy DeVos speaks during a student town hall at the National Constitution Center in Philadelphia. One of the nation's largest teachers' unions sued the U.S. Education Department on Thursday, July 11, 2019, over a federal program that promises to forgive student loans for public workers but has been beset by problems. (AP Photo/Matt Rourke, File)
July 11, 2019 - 6:36 pm
One of the nation's largest teachers' unions sued the U.S. Education Department on Thursday over a federal program that promises to forgive student loans for public workers but has been beset by problems. The American Federation of Teachers filed a federal lawsuit in Washington alleging that the...
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Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., speaks at a campaign house party, Friday, June 14, 2019, in Windham, N.H. Candidates including Sens. Elizabeth Warren and Bernie Sanders have proposed plans to eliminate tuition at public colleges and universities, while former Vice President Joe Biden and others back plans for free community college. (AP Photo/Elise Amendola)
June 16, 2019 - 1:56 pm
After receding from the national stage, the free college movement is resurfacing as a central rallying point for Democrats as they set their sights on the White House. At least 18 of the party's 23 presidential contenders have come out in support of some version of free college . Sen. Elizabeth...
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CORRECTS NAME FROM CHASTEN GLEZMAN TO CHASTEN BUTTGIEG FILE - In this May 20, 2019, file photo, Democratic presidential candidate Pete Buttigieg, the mayor of South Bend, Ind., left, is introduced by his husband Chasten Buttigieg, right, during a fundraiser at the Wynwood Walls, in Miami. Buttigieg knows firsthand the burden of six-figure student loan debt. He and his husband have loans of more than $130,000, placing them in the ranks of the 43 million Americans who owe federal student debt.(AP Photo/Lynne Sladky, File)
June 09, 2019 - 3:42 am
PROVIDENCE, R.I. (AP) — Democratic presidential candidate Pete Buttigieg knows firsthand the burden of six-figure student loan debt. He and his husband, Chasten, are far from alone, though, and their personal college indebtedness is helping to keep the issue on the national stage. With loans...
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Robert F. Smith, left, laughs with David Thomas, center, and actress Angela Bassett at Morehouse College on Sunday, May 19, 2019, in Atlanta. Smith, a billionaire technology investor and philanthropist, said he will provide grants to wipe out the student debt of the entire graduating class at Morehouse College - an estimated $40 million. Smith, this year's commencement speaker, made the announcement Sunday morning while addressing nearly 400 graduating seniors of the all-male historically black college in Atlanta. (Bo Emerson/Atlanta Journal-Constitution via AP)
May 19, 2019 - 11:40 pm
A billionaire technology investor stunned the entire graduating class at Morehouse College when he announced at their commencement Sunday that he would pay off their student loans __ estimated at up to $40 million. Robert F. Smith, this year's commencement speaker, made the announcement while...
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FILE - In this May 3, 2017, file photo Education Secretary Betsy DeVos speaks during a school choice event in the Roosevelt Room of the White House in Washington. Education advocates say a Trump administration plan to use federal Pell Grant money to fund space exploration would jeopardize aid for future college students and could trigger a budgeting crisis within a few years. (AP Photo/Evan Vucci, File)
May 14, 2019 - 6:42 pm
Education advocates say a Trump administration plan to use federal Pell Grant money to fund space exploration would jeopardize aid for future college students and could trigger a budgeting crisis within just a few years. The plan aims to redirect $1.9 billion from a Pell Grant surplus to jumpstart...
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FILE - In this Wednesday, April 10, 2019, file photo, Education Secretary Betsy DeVos testifies before the House Education and Labor Committee on Capitol Hill in Washington. A political battle is reheating over a federal program that was designed to cancel student loans for certain public workers but has largely failed to deliver that promise. The program, Public Service Loan Forgiveness, promises to erase federal student loans for public workers who make 10 years of payments while working for approved employers. (AP Photo/Manuel Balce Ceneta, File)
April 29, 2019 - 5:57 am
In 2007, the U.S. government made a promise to public service workers: Make 10 years of payments on their federal student loans and any remaining debt would be erased. But officials have largely failed to deliver. And that's left lawmakers questioning whether to end the program or try to fix it...
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FILE- In this March 14, 2019, file photo students walk on the Stanford University campus in Santa Clara, Calif. Before student loans, people who couldn’t afford to go to college usually didn’t. Even though tuition was cheaper, it was still cost-prohibitive for many, who turned to solutions such as working through school, getting help from their parents or finding scholarships. (AP Photo/Ben Margot, File)
April 04, 2019 - 11:38 am
College tuition was less than what today's students pay for textbooks when Caron and Jack Knopoff attended Chicago's Wright Junior College in the mid-1960s. Tuition at what is now Wilbur Wright College was $24 per credit hour, Caron Knopoff says. To cover this cost, the couple, who were dating at...
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In this Sunday, March 24, 2019 photo a passer-by walks on a pedestrian walkway, in Boston's Seaport district. At the end of 2018, 18- to 29-year-olds carried over $1 trillion in debt, according to the Federal Reserve. That’s the highest level since 2007. “Understanding your options and making a plan is imperative,” says Billy Hensley, CEO of the National Endowment for Financial Education. “Anyone doing that is going in the right direction.” (AP Photo/Steven Senne)
March 26, 2019 - 9:05 am
The saying that debt is easy to get into and hard to get out of hits home for younger Americans: At the end of 2018, 18- to 29-year-olds carried over $1 trillion in debt, according to the Federal Reserve. That's the highest level since 2007. "Understanding your options and making a plan is...
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Foto de abril del 2017 de la columnista de NerdWallet Liz Weston suministrada por esa firma. (NerdWallet via AP, File)
March 11, 2019 - 10:58 am
Millions of Americans get their health insurance and retirement accounts through their employers. Now some are getting help with their debt. Companies including insurer Aetna and accounting firm PwC help employees pay down student loans. Others partner with startups to offer debt solutions as an...
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FILE- In this June 15, 2018, file photo, twenty dollar bills are counted in North Andover, Mass. Default on your federal student loans and the government can take up to 15 percent of each paycheck to satisfy your debt. The Education Department can also withhold federal benefits like tax returns and Social Security payments. Garnishment is an effective tool to recoup unpaid loans, private collection agencies enlisted by the Education Department took in over $841.6 million via wage garnishment in the 2018 fiscal year, but it inflicts serious financial strain on borrowers who are already struggling. (AP Photo/Elise Amendola, File)
February 05, 2019 - 9:14 am
There's a dirty little secret of the student debt crisis. One that affects millions of borrowers, but isn't talked about at dinner tables, on social media or in think pieces about student loans. The taboo topic is wage garnishment and it works like this: Default on your federal student loans and...
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