student debt

New England News
6:31 pm
Fri April 18, 2014

Report Offers Suggestions On Easing Student Debt Burden

Credit 401(K)2013/Flickr

As college student loan debt continues to climb nationally, lawmakers in Massachusetts are proposing some ways to help.

A subcommittee of the  legislature’s Joint Committee on Higher Education approved a report this week that contains nine recommendations including trying to decrease the time it takes to earn a college degree, increase state aid, and require all Massachusetts high school students to take a financial literacy course.

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New England News
6:26 pm
Mon December 9, 2013

MA Lawmakers Addressing Student Debt

State lawmakers heard from college students and administrators as well as higher education advocates addressing the issues and potential solutions regarding rising student debt.
Credit Jim Levulis / WAMC

A state committee addressing the rising costs of student loans held a hearing in western Massachusetts today.

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New England News
4:54 pm
Tue October 22, 2013

MA College Students Face Rising Debt

Credit Flickr/Andrew Magill

BOSTON (AP) — The state's higher education commissioner says more students at Massachusetts public universities and colleges are incurring larger amounts of debt to finance their educations, a trend that could have dire consequences for the region's economy.

The Boston Globe reports that Commissioner Richard Freeland told lawmakers Monday that the risk of incurring high debt could dissuade some people from attending college at a time when the state more needs graduates in science, high technology, and health care to compete in a global economy.

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New York News
12:30 pm
Wed June 19, 2013

Senator Sanders Calls for Action to Address High Average Student Loan Debt

From the report “The Causes and Consequences of Increasing Student Debt”
Credit Joint Economic Committee of the U.S. Congress

A new report from the U.S. Joint Economic Committee shows two-thirds of college graduates have student loan debt. It also finds that the amount of debt is more than 60 percent of the average annual income for recent graduates.

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New England News
4:03 pm
Wed June 5, 2013

Berkshire Lawmaker Leads Subcommittee On Student Loan Debt

The Massachusetts legislature has formed a subcommittee to gather data and hear from students and educators across the commonwealth on the real impact of student loan debt.

Democratic State Representative Paul Mark, of the Second Berkshire district, a member of the Joint Committee on Higher Education, is serving as co-chair of the five member subcommittee that is tasked with investigating the rapid rise of student loan debt among current students and recent graduates.

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Commentary & Opinion
3:45 pm
Thu May 3, 2012

Karen Hitchcock: The U.S. Student Debt Debate

Total student debt in America has hit the $1 trillion mark, exceeding, for the first time, national credit card debt.  Yet at this very moment, the airways and media outlets are alive with stories and opinion pieces regarding the imminent doubling of the interest rate on new Stafford Subsidized Loans to undergraduates.  While in college at least half-time, students holding such need-based, federally guaranteed loans pay no interest; rather, the government pays the interest which accrues during that time.

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Commentary & Opinion
3:24 pm
Thu May 3, 2012

Karen Hitchcock: Student Debt

Total student debt in America has hit the $1 trillion mark, exceeding, for the first time, national credit card debt.  Yet at this very moment, the airways and media outlets are alive with stories and opinion pieces regarding the imminent doubling of the interest rate on new Stafford Subsidized Loans to undergraduates.  While in college at least half-time, students holding such need-based, federally guaranteed loans pay no interest; rather, the government pays the interest which accrues during that time. These loans, currently at a  3.4% interest rate, represent a critical element in the to

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