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No one has stated publicly where the settlement money will come from. Much of the university's endowment is restricted, so it may not be available to cover payments.
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It is no secret that the United States is heavily bogged down with student debt. A recent Federal Reserve study on debt showed that there more than 44 million Americans with student debt. The tally...
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Nearly half of college dropouts are in default on the loans they took out to attend college and 15% have no plans to repay that debt.
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For-profit schools Strayer and Capella have agreed to a merger valued at about $1.9 billion. The combined company will change its name to Strategic Education when the deal closes in the third quarter...
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Hackers have increased their efforts to get into databases and email of schools and other educational organizations, attempting to get money in exchange for silence about student information.
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The high school class of 2017 left as much as $2.3 billion in federal grant money for college on the table, according to a new analysis by NerdWallet.
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Many huge endowments would be happy with an 8% return on their money during the course of a year.
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Women comprise more than half of those people who were enrolled in colleges and universities last year. However, their debt problems are much larger than the percentage of this population.
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Bright Scholar Education Holdings has amended its filing with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO).
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U.S. student loan debt topped $1.4 trillion at the end of the first quarter. A recent survey by LendEDU looks at the effects of that debt on students after they graduate.
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Bright Scholar Education has filed an F-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO).
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Have you ever wondered how cash-strapped college students manage to pay for those spring break trips to sunnier climes?
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Last year America's colleges and universities raised $41 billion, according to the Council for Aid to Education. Of the total, $1.2 billion was raised by what is already America's richest university.
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The bull market has not helped the value of college and university endowments. Those funds are at their lowest since the recession.
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A student who graduates with $30,000 in debt could take years to pay it off, or may not pay it off at all, falling into default.
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