In an open letter released Monday, the Council urged members of the New England House and Senate delegations to draft legislation that would increase the maximum award available to give to recipients displaying extreme financial need.
After almost a year of living under pandemic restrictions, experiencing a record drop in employment and witnessing an increase in mental health problems as a result, a minimum wage raise to $15 an hour, or higher, is more crucial now than ever before.
Some Democrats, including Massachusetts Sen. Elizabeth Warren, have called on Biden to cancel $50,000 of federal student loan debt for borrowers. Biden is considering debt cancellation, according to Senate Minority Leader Chuck Schumer.
Massachusetts public officials discussed possible solutions to the student loan crisis, including free public college and forgiving loans, during a panel Wednesday evening. The panelists said graduating in debt was an unavoidable reality.
The Massachusetts Senate passed a bill Wednesday that would give students a loan “bill of rights,” despite demands from President Donald Trump’s administration to not go forward with this type of legislation.
The Massachusetts Educational Financing Authority, a student loan servicer, separated its relations with the National Council of Higher Education Resources Wednesday, claiming that they are rolling back protections for student loan borrowers.
In order to structure MassHealth into smaller care organizations, $37 million was given to improve existing programs in primary care and behavioral health across Massachusetts. As a part of this, they will allocate a portion of their federal funding for a student loan repayment program for health professionals who are involved with this.
Many college-aged American students are blaming their institutions for their rising student debt, according to a recent study released to the Huffington Post by The Institute of Politics at Harvard University.
Forty-two...
Financial service provider Sallie Mae is introducing a student loan repayment plan that allows students of good standing at colleges such as Boston University to push back their loans an additional year...
As student loan debt totals $1 trillion, according to a recent report, the government must increase its efforts to decrease the cost of higher education nationwide to prevent students from opting out...
The Consumer Financial Protection Bureau launched a campaign Thursday to examine the effect financial products marketed through colleges and universities such as Boston University have on students, CFPB...
