WATERVILLE — A graduate of Colby College has given the school $2.5 million, which will be dedicated entirely to financial aid for Maine students.
In a news release from Colby, the college announced that Steve Ford, who graduated from the college in 1968 and is a native of Gardiner, has committed to providing the support for Maine students at Colby, where he received financial aid and has family ties.
The Connecticut House of Representatives gave final passage Wednesday night to legislation that opens financial aid in the state to “dreamers,” the undocumented immigrants brought here as children, only to find themselves priced out of higher education as they come of age.
It looks like things haven't improved much for student loan borrowers: 99.5% of people who applied for public service loan forgiveness have been rejected.
Here's what you need to know and what to do about it.
Student Loan Forgiveness: Debt Statistics
The U.S. Department of Education released the latest statistics for public service loan forgiveness:
As of September 30, 2018, 41,221 student loan borrowers submitted 49,669 applications for public service loan forgiveness.
Of that total, approximately 44,700 applications have been processed.
When it comes to determining a good SAT score for college applications, the answer depends on a student's ambitions.
The SAT, an admissions exam many colleges and universities require of applicants, is administered by the College Board and scores students on a scale of 200 to 800 for various sections. The new SAT was released in March 2016 and tests students on evidence-based reading and writing and math, with both sections worth a maximum score of 800 each. The essay portion is optional.
A few colleges and universities help students avoid crippling debt by offering generous financial aid packages.
When it comes to debt, last year's college grads who borrowed student loans took on nearly $30,000 in loans to pay for their education, according to data reported to U.S. News in an annual survey. For that reason, college affordability is a top concern among many prospective students.
Americans are shouldering around $1.48 trillion in student loan debt, and around 70% of college students who earn a bachelor’s degree borrow to attend college, according to research from Oliver Wyman, a consulting firm that focuses on banking. An employee benefit that’s gaining popularity could help ease that burden, but it may not be as good of a deal as employees think.
CLEP (the College-Level Examination Program®) offers 33 exams that cover intro-level college course material. With a passing score on one CLEP exam, you could earn three or more college credits at more than 2,900 U.S. colleges and universities.
Amid a massive shortage of nurses, hospitals and other medical facilities are offering big hiring bonuses and other incentives to attract and retain talent.
Five-figure signing bonuses, free housing, college tuition for employees and their children.
Hospitals and other medical facilities are getting so desperate to recruit and retain nurses they're offering all sorts of pricey perks and incentives.
HUG is NOT refinancing, consolidation, settlement or bankruptcy. It will not damage or freeze your credit. Our typical client will be debt-free in half the time or less, including mortgage, credit cards, student loans and other types of debt obligations, compared to their current schedule. Most clients will pay less than 3% interest over all.
Less than 10 minutes to learn if this may be the right solution for you.
No sensitive information or credit card required. For your security, we do NOT ask for account or social security numbers etc.
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No onslaught of solicitations! As financial coaches, we know long lasting relationships are built on trust. We will never sell or share your information with other companies without your permission.
Plans start at just $39.95 monthly!
The road to success is always under construction
– Lily Tomlin
“This would be a much better world if more married couples were as deeply in love as they are in debt.”
– Earl Wilson
"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
"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."
