The Backstory Having arrived at a solution that both the Democrat-led Senate and Republican-dominated House can support, the student loan crisis appears to be on the way to a successful resolution. In fact, the compromise, which ties the interest rate on subsidized student loans to the market rate of 10-year Treasury notes but also puts…
The Issue A bipartisan compromise from the Senate promises to resolve the student loan interest rate increase that went in effect earlier this month. Thanks to congressional inaction, the interest rate borrowers pay on government-subsidized student loans doubled from 3.4% to 6.8% on July 1. Though all parties agreed that something should be done, neither…
Attention US students: Key negotiators in the Senate announced late Wednesday night that they had reached a tentative deal to resolve the recent jump in student loan interest rates. Though the legislation exists on paper only at the moment, because the agreement came from a round of talks between key Senators from both sides of…
Though the darkest days of the Great Recession may be over, the lessons it taught are still valuable. Indeed, it remains just as true now as in 2008 that college-educated workers are less likely to be unemployed than their lesser-educated peers and even if the United States unemployment rate is now well below its 2008…
Canada has long been one of the world’s most popular destinations for international students but international student recruitment may soon become official government policy if the authors of a new report have their way. The report – which is entitled International Education, a Key Driver of Canada’s Future Prosperity – was compiled by the Advisory…
Breaking News: The date, long dreaded by college students and campus administrators around the US, has finally arrived. Thanks to congressional inaction, students who take subsidized government loans after Monday, July 1st will see their interest rates double from 3.4% to 6.8%. Bottom Line: That means that the already high burden of student loan debt…
Though everyday purchases like groceries and gasoline are still accessible to cash-carrying consumer, nowadays there are many things which cannot even be paid for in cash. As a result, a bank account which allows consumers to pay for services like electricity, rent, and tuition with a check or check card is becoming increasingly necessary for…
With all of the unique sights, sounds, and tastes that life in America has to offer, as an international student studying in the United States you have a lot to look forward to during your time abroad. Unfortunately, along with the excitement comes a few mundane tasks that, though less thrilling, are nevertheless necessary in…
Between the intimidating coursework you have to complete, the complicated campus layouts you have to learn, and the new culture you have to navigate, being an international student can be as hard as it is exciting. To make matters worse, between travel, tuition, and housing, the cost of studying overseas is higher than ever. Happily,…
Summer break is here – plan ahead! As temperatures rise life at many college campuses around the country are starting to wind down. Though summer break may seem like an ideal time to embrace a carefree attitude, because the summer term brings with it many changes to the normal pace of collegiate life, to best…
