RSI Corporate - Licensing

Defeated In Court, Education Dept. To Cancel $150 Million Of Student Loan Debt

NPR – Anya Kamenetz

“The U.S. Department of Education is sending emails to about 15,000 people across the country telling them: You’ve got money. These are former students — and some parents of students — who took out loans for colleges that shut down between Nov. 1, 2013, and Dec. 4, 2018. About half attended campuses run by Corinthian Colleges. They will get their money back or have their debt forgiven — an amount estimated at $150 million, all told — under a provision called Automatic Closed School Discharge. (more)

Preschoolers take on math with the help of college students

Ed Source – Ashley Hopkinson

“Instilling confidence in math skills from an early age is the mission of a new math program aimed at California preschoolers. With that in mind, the “Preschool Counts” program enlists undergraduate students to work one-on-one and in pairs with young children to boost their math skills through games and activities. The program began in 2013 on a pilot basis at Stanford University. Students at UCLA and San Francisco State University are also participating in the program.” (more)

The Benefits of Borrowing

Education Next – Benjamin M. Marx and Lesley J. Turner

“The number of undergraduates in the United States has increased by more than 30 percent since 2000, with two-year institutions absorbing the majority of new students. At the same time, outstanding student-loan debt has grown nationwide, reaching $1.4 trillion in 2018.” (more)

Financial education key to reducing student loan stress

Science Daily – Staff Writer

“It is estimated that a quarter of American adults currently have student loans to pay off, and most do not have the financial literacy to manage debt successfully. The average student in the Class of 2016 has $37,172 in student loan debt. Graduates from the University of Missouri have an average debt of $21,884.” (more)