According to a new report from student loan servicer Sallie Mae, parents are shelling out less money for their kid's college tuition. Before you break out the champagne, let's explore those numbers.
The proposal would link interest rates to financial markets — specifically the 10-year Treasury note — and cap rates at 8.25 percent for undergraduate loans and 9.5 percent for graduate loans.
Adjunct and non-tenure track professors are joining unions, hungry for benefits and job security they currently lack. And in a twist, they're not always joining the unions you might expect.
Librarians and marriage counselors need more than three times as long to pay off college loans than lawyers, or those in advertising/marketing careers.
Boston-based start-up Boundless, which provides free educational materials online, says it's looking to help cash-strapped students find an alternative to expensive textbooks.
Despite some movement in Congress to alter the trajectory of what you might consider an incoming personal finance missile, interest rates on some government backed student loans are set to double on July 1.