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Tag Archives: Higher education

DeVos rescinds rule forcing colleges to disclose debt and salary data

File photo of an ITT Technical Institute campus in Anaheim, California. Susan Goldman | Bloomberg | Getty Images At a recent financial aid conference, Education Secretary Betsy DeVos said that every school should help its students graduate with high-quality career prospects and minimal debt. Students should be equipped, DeVos added, …

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Democrats’ student debt proposals mean more for those in blue states

Democratic presidential candidates New York City Mayor Bill De Blasio (L-R), Rep. Tim Ryan (D-OH), former housing secretary Julian Castro, Sen. Cory Booker (D-NJ), Sen. Elizabeth Warren (D-MA), former Texas congressman Beto O’Rourke and Sen. Amy Klobuchar (D-MN) take part in the first night of the Democratic presidential debate on …

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It’s time for colleges to require mandated financial literacy courses

In a new report, the U.S. Financial Literacy and Education Commission “recommends that institutions of higher education require mandatory financial literacy courses.” It is about time. The average student loan debt in the U.S. stands at $33,310. In fact, overall student loan debt is about $1.5 trillion, which means student …

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