Minnesota Amps Up Oversight For Student Loan RepaymentsThe Minnesota Office of Higher Education has become more aggressive about taking student loan recipients to court when they fall behind on payments to keep its rates low.
Franken Introduces Bill To Allow Refinancing Of Federal Student LoansSen. Franken's proposal comes just one week after the state of Minnesota announced its own student loan refinancing program, and as college affordability has become a major topic in the presidential race.
Minnesota Ranked 5th In Nation For Student Loan DebtMinnesota has made another list, but it is not a good one to be on if you are heading to college. A new study from the Institute for College Access and Success says Minnesota ranks fifth on the list of the states with the highest student debt.
Good Question: How Do We Pay For College?According to Sallie Mae, the average American family will spend $24,164 this year on undergraduate college for 18-24 year olds. For four-year private institution, that number jumps to $41,875. For a two-year public college, it’s $13,531. So, how do we pay for college? Good Question.
A Look At Millennials: Education & College CostsMinnesota millennials face a tough challenge: a lot of jobs require degrees, but they don't come cheap. Minnesota millennials are smarter than ever, nearly 40 percent of young professionals in the state have a bachelor's degree or higher. That number puts Minnesota's youngest generation to join the work force seventh nationally.
Survey: Minnesota Has 5th Most Student Debt In USA new survey shows a lot of Minnesota college students are graduating with a lot of debt.
MN Office Of Higher Ed Gives College Financial Aid AdviceIt's that time of year when many high school seniors are getting their acceptance letters from colleges. And, just as importantly, details on the financial aid they've qualified for, or scholarships they've won.
Scholarships Available For Kids' Summer CampsIn about two months, schools will be closing for the summer. That means, the kids will need some activities to keep from getting bored.
Good Question: What Is The Best Way To Save For College?According to Fidelity’s annual College Savings Indicator study, about 69 percent of families say they've already started saving for college, up from 58 percent back in 2007. That’s a good thing, because Campus Consultants, Inc. estimates the average college tuition for public school 20 years from now to be close to $50,000 a year. For private school, it could be $85,000 a year.
Good Question: How Much College Debt Is Too Much?More Americans have college debt now than at any time in our history, according to a new report from the Pew Research Center.