Plans start at just $39.95/month!
Call Us Today! 413-773-3333

Finance

Project on Student Debt

How much debt do students graduate with in your state or at a particular college? Use the interactive map below and the other links on this page to explore those questions and more for the Class of 2017.

For more information about student debt by state and college, along with policy recommendations to reduce the burden of student debt, see our full report, Student Debt and the Class of 2017.

Click on a state for in-depth information, or select a state here:

Soon, you may get your federal student aid on a debit card

Every year, the U.S. Department of Education gives over $120 billion in federal grants, loans and work-study funds to more than 13 million college students, making it the largest provider of student financial aid in the country. Now, students may be given some of these funds on a debit card.

According to The Hill, the Department of Education plans to launch a pilot program which would place financial aid dollars onto debit cards for up to 100,000 students. Earlier this month the department began searching for a contractor to help with the program.

Student loan giant sues Connecticut over its crackdown on student debt

A battle brewing between states, student loan companies and Betsy DeVos’s Department of Education looks like it will come to a head in a courtroom in the coming months.

The Pennsylvania Higher Education Assistance Agency, or PHEAA, one of the large firms that manages federal student loans on behalf of the Department of Education, sued Connecticut’s department of banking, it’s banking commissioner and the federal Department of Education on Thursday over the state’s student loan laws.

Teachers say grants from Ed Dept were wrongly converted into loans

Some teachers who received a special grant from the Education Department to help pay for their own tuition are saying their grants were wrongly converted into loans, NPR reported.

The department’s Teacher Education Assistance for College and Higher Education (TEACH) grants are awarded to college students who teach in “high-need” fields like math and science at low-income schools.

The Department Of Education Cuts Off A Student Loan Watchdog

The letters "CFPB" may not be much more than alphabet soup to your average student loan borrower. They stand for Consumer Financial Protection Bureau, a new-ish federal agency — created in 2011 — with a unique mission and a big effect on student lenders and for-profit colleges accused of defrauding or otherwise mistreating Americans.

The student debt crisis threatens the American way of life. Washington can't keep ignoring it.

Students and their families have struggled to build their dreams on top of student debt. Since the start of the Great Recession, student loan debt in the United States has doubled, with every graduating class owing more for their college degree than the class before. More than 44 million people — or the population of 20 states combined — owe a total of $1.4 trillion (more than the nation’s credit card debt) for their college educations.

The surge in student debt may be linked to the wreckage in the housing market

Even as the financial crisis and Great Recession receded, student debt began to mushroom, presenting a new credit dilemma for the U.S.

The explosive rise of student debt – from half a trillion in 2007 to $1.3 trillion in 2017 – has been blamed for holding back homeownership, for dampening discretionary spending throughout the economy, and for saddling young people with burdens they couldn’t appropriately evaluate or prepare for.

What I Wish I Knew About Student Loans As A First-Year Attorney

I can’t believe I have already been an attorney for about five years!

Top 25 Highest Paying Majors (Hint: Get a Degree in Engineering!)

There's nothing wrong with earning a college degree that will actually help you make money. For students who are interested in earning a good salary without pursuing a graduate degree a major from this list is a good place to start.

Which Majors Lead to the Most Well-Paid Jobs? Examining the Long Game

In our report on the Top 25 Highest Paying Majors, we found that the list was dominated by engineering majors. However, this list was based on entry-level salaries, or how much these undergraduate majors earn for their first job right out of college.

A high entry-level salary, however, does not always equate to the best-paying job at the mid-career level. Why? For one reason, some jobs have caps in place that limit how much you can make without going on to get a master’s or Ph.D.

Pages

The road to success is always under construction
– Lily Tomlin
"There is scarcely anything that drags a person down like debt."
– P. T. Barnum
“What I would like to do... once I take care of all my kids' student loans, is buy a red 1965 Mustang and fully restore it.”
– Mike Quigley
"If we don't change direction soon, we'll end up where we're going."
– Irwin "Professor" Corey
"Nothing in life is to be feared. It is only to be understood."
– Marie Curie
"Bankruptcy laws allow companies to smoothly reorganize, but not college graduates burdened by student loans."
– Robert Reich
“This would be a much better world if more married couples were as deeply in love as they are in debt.”
– Earl Wilson