Tag Archives: Student

Ash, a 34-year-old accountant from Connecticut, graduated from college in 2009 year with more than $100,000 in private loans, she says. Still, she thinks of herself as relatively lucky. With the help of her husband, who didn’t have his own student loans, they managed to pay them off in March 2022, after 12 years of making sacrifices so they could afford the monthly loan payments. Even if Ash, who asked Fortune not to share her last name to protect her privacy, hadn’t completely paid off her… Source link

Sheila Bair is former FDIC chair and senior fellow, Center for Financial Stability. President Biden has finally made a decision about student debt cancellation, going significantly beyond the $10,000 in forgiveness that he embraced as a presidential candidate. Of the 43 million borrowers eligible for his plan, 27 million Pell grant recipients will qualify for $20,000 of relief, with the remainder qualifying for $10,000. Conservative estimates put the cost at about a half trillion dollars. But… Source link

President Biden’s move to cancel student debt was long-expected — but the scope of the effort was not. The expectation of $10,000 in student loan cancellation was widely reported in the lead-up to Wednesday’s news, but the final package included an additional $10,000 in forgiveness for Pell Grant recipients. The administration also laid out a cap on income-based repayments that could be felt for decades to come. “It’s a game-changer,” President Biden said Wednesday in unveiling the… Source link

Matthew Lei is at it again. For the third time, Lei is the Oregon winner of the annual Doodle for Google contest, where students compete to redesign the Google logo for a day. Lei, who attends Lincoln High School in Portland, has entered the competition every year since he was in third grade at Forest Park Elementary School, when his private art teacher Wanda Ng encouraged the budding doodler to give it a shot. He won Oregon’s state competition that year–and again as a sixth-grader at West… Source link

FREEPORT, Ill. (WIFR) – Freeport School District Student Amelia Winter is a finalist in Google’s national Doodle for Google contest. This contest is open to students in grades K-12 all around the country, with just one drawing picked for each state per category. Students are invited to create their own Google Doodle for the chance to have it featured on Google.com. Amelia is representing the Land of Lincoln in the K-3rd grade category. Amelia’s fantastic drawing was selected from… Source link

Burdened by almost $90,000 in federal and private student debt, Alphi Coleman says the loan freeze has afforded her time to unplug and invest in herself. “I’m always going to be able to make money; I’m not always going to be able to make more time,” she says. “I am able to create experiences and create space and time for the people that I love.” A report from the Federal Reserve last month showed almost 60% of student borrowers made zero payments on their federal loans between August… Source link

Google for Education has announced a new partnership with Figma. The companies will bring Figma’s design and prototyping platform as well as its collaborative whiteboarding app FigJam to education Chromebooks. Schools can apply now to the beta program, which will begin over the summer. Verge reporter Dami Lee described Figma as “Google Docs for design.” Like Google’s software, Figma is primarily web-based and is a lighter load for a computer to run than many industry-standard… Source link

The 285 graduates of the Otis College of Art and Design in Los Angeles received an extra special graduation gift Sunday when Evan Spiegel, Snap CEO and co-founder, and his wife Miranda Kerr, founder of beauty brand KORA Organics, announced they will pay off all of the Class of 2022’s student loan debt through a donation to the school. While the amount of Spiegel and Kerr’s donation was not disclosed, the college said it’s the largest single gift it has ever received, surpassing the previous… Source link

This year marks 10 years since Keona Tranby graduated from college. A major milestone, to be sure. But after a decade of slowly chipping away at her student loans, Tranby’s still paying for her education, and progress is painfully slow. Although the 32-year-old has paid off roughly $28,800 over the past 10 years, her total balance owed has increased to around $62,000. Tranby, who works as a marketing director for a Minneapolis-based nonprofit, is hopeful she may get some relief in the coming… Source link

When John Isom turned down an opportunity to go to the University of Utah to study computer science and take on an income-share agreement (ISA) to finance the education, he was aware of the risks. “I created a mock budget… and saw how much debt I was going to have to take on,” Isom said in an interview with Yahoo Finance. “Even with a little bit of a scholarship, it honestly didn’t do much — it’s still wildly expensive. You have no choice but to take out a federal student… Source link