College

U.S. to Corinthian Colleges: Forgive $500 million in student loans

The CFPB is suing Corinthian for "illegal predatory lending" and is demanding that the school forgive more than $500 million in private loans that it loaned to students since July of 2011 so they could enroll.  More

Student debt over $50K is on the rise

More Americans are taking out 'mega loans' to go to college. It's costly, but they still say it's worth it.  More

Colleges with the highest-paid grads

Graduates with bachelor's degrees from these U.S. colleges earn some of the highest salaries in the country, according to a report from PayScale.  More

Senior citizens owe $18 billion in student loans

Student loan debt among seniors has shot up by more than 600% since 2005, according to a new government report.  More

40 million Americans now have student loan debt

Student loan debt has increased 84% to $1.2 trillion since 2008, with a record number of Americans now carrying at least one student loan, according to new analysis from credit bureau Experian.  More

Princeton once again tops list of best schools

Ivies League colleges and private universities continue domination of national higher education rankings.  More

Help wanted: College degree not needed

Hiring of recent college grads has flatlined, but the degrees are still worth it, says New York Fed report.  More

School-hopping alumni aren't giving back to colleges

As more students jump from school to school, it's becoming harder for colleges and universities to solicit the all-important alumni donations.  More

Big student loans? Consider life insurance

If you're taking out big student loans, it might make sense to purchase life insurance while you're at it.  More

I'm 57 and owe $152,000 in student loans

Rosemary Anderson represents the 50-and-over crowd, who owns 17% of the $1.2 trillion outstanding student loan debt -- a 30% increase since 2005.  More

University president takes $90,000 pay cut to give 24 workers a raise

It will boost pay for 24 low wage workers on campus, including custodians, grounds keepers, and clerical workers. They will now earn $10.25 an hour, up from Kentucky's minimum wage of $7.25 an hour.  More

Students and parents borrowing less to pay for college

While college costs and student loan bills have soared in the past decade, some students and their families are finding ways to spend (and borrow) less.  More

Grieving parents drowning in $200,000 student loan debt receive relief

The Mason family, which has been struggling to pay the $100,000 student loan bill they were left with when their daughter passed away five years ago, is now seeing an outpouring of support.  More

Weddings? Babies? Now college kids are registering for gifts too

Gift registries aren't just for weddings and baby showers. More and more college-bound students are directing family and friends to their online registries.  More

Grieving parents hit with $200,000 in student loans

Steve Mason, a pastor from California, inherited more than $100,000 in student loan debt when his 27-year-old daughter died suddenly in 2009. With interest and late penalties, the debt has since ballooned to $200,000.  More

Want to study pot? There's a school for that

The Northeastern Institute of Cannabis, located in Natick, Mass., plans to begin accepting applications in July and to open its doors in September.  More

Employers value skills over college degrees, workers say

Your college degree is less important to your employer than the skills you've picked up post-graduation, according to Glassdoor's quarterly employee confidence survey.  More

Chinese students found cheating to get into U.S. colleges

As the number of Chinese students seeking admission to U.S. colleges and universities explodes, admissions officials are encountering a large number of fraudulent applications, essays and transcripts.  More

Investors help the rich pay off student loans

Another sign that credit is only available to those who may need it the least? Bond investors can buy pools of loans backed by student debt of graduate students from Harvard.  More

Millennial-driven housing boom seen on the horizon

A Harvard study says economic gains may mean the boomerang generation is ready to head out their parents' homes for good.  More

Fewer parents helping to pay for college

Even though a college degree is still extremely important, fewer parents say they are planning to shell out their own money to help their kids attain one.  More

Starbucks workers could pay $23,000 for 4-year tuition

Starbucks and Arizona State University will share much of the costs for employees of the coffee retailer who are admitted to ASU's online program.  More

'Poor' tweet by federal lender prompts backlash

Posting a meme from the film Bridesmaids prompted the Federal Student Aid office to apologize  More

Drowning in student loan debt

Last week, President Obama proposed some relief for graduates with student loans. But for too many, decisions made in college on student loans continue to haunt them. Edited for clarity.  More

5 hourly jobs that'll help pay your tuition (besides Starbucks)

Starbucks CEO Howard Schultz said this week that he's the first to offer all employees free tuition. But there's plenty of other companies already offering their hourly workers money for their education.  More

Yes, a college degree is still worth it

Going to college still makes economic sense. A new report by Federal Reserve Bank of New York economists shows a big rate of return from a bachelor's degree.  More

Starbucks offers workers 2 years of free college

Coffee merchant says it will offer both full- and part-time employees a generous tuition reimbursement benefit that covers two full years of classes.  More

In-state students getting squeezed out at public universities

Coveted for the higher tuition they pay, the percentage of non-resident students admitted at major public universities has been on the rise, while the percentage of in-state students is shrinking.  More

Millennials 'overwhelmed' by debt

Student loans. Credit cards. Four out of 10 millennials feel as if they are drowning in debt, according to a recent Wells Fargo survey.  More

Half of college grads still relying on parents' money

Students who graduated college amid the throes of the recession are still struggling to make it on their own.  More

Few benefit from Obama's student loan program

Repayment plans that cap monthly payments and forgive loans after 10 to 25 years have existed on the books since the 1990s. But only about 9% of eligible borrowers have used the program.  More

Obama expected to promise student loan relief

President Obama will announce on Monday an expansion of a program that helps student loan borrowers manage their debt, a White House official said.  More

Grandparents give big to grandkids' college funds

Even as they struggle to fund their own retirement dreams, many grandparents are making it a priority to help their grandkids pay for college.  More

Fewer students will have jobs on graduation day

The class of 2014 expects to make bigger bucks than those who graduated the year before, but fewer of them have actually gotten a job.  More

College grads in far deeper overall debt

Those who graduate with student loans are likely to rack up car loans and credit card debt too, and end up with almost twice the overall debt load than those who graduated debt free.  More

Military to get refunds on overcharged student loans

Some 60,000 active-duty service members could their get money back.  More