Jeff Mictabor
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Jeff Mictabor is an enthusiast on the topic of student loan issues in the news. He has been writing for the past 10 years for a variety of education publications. He now offers his writing services on a freelance basis.
Recent Activity
Today, two-thirds of college students leave school with at least some debt from college loans. The average debt is approaching $25,000, a figure that includes not just the original amounts borrowed but, for most students, accumulated interest as well.
Prospective college students who have filled out their applications for federal student aid (the application known as the FAFSA) should now be receiving information about their financial aid packages for the upcoming school year.
For high school students who are on the hunt for ways to reduce the cost of a college education, your local community college may look like a way to keep your expenses down and avoid the crush of debt from school loans.
The U.S. Department of Education is reporting that its current student loan debt collection contract produced more revenue in the first 15 months of operation than the previous debt collection contract did for the same period of time, but debt collection revenues are still below the department's projections.
A new report issued by the Institute for Higher Education Policy examines the issue of delinquency -- late payments -- as a factor in student loan defaults.
The state of California is taking a page from the U.S. Department of Education's playbook. In an effort to trim a nearly $27 billion budget deficit, lawmakers are exploring the possibility of limiting payouts from the state's Cal Grant college student financial aid program based on a school's student loan default rate.
Nashville State Community College is weighing the decision to eliminate federal student loans from its financial aid programs. The school is assessing the number of its students who have defaulted on their federal student loans.
For the majority of students, college loans are part of the reality of higher education. Two-thirds of bachelor's degree students who graduated in 2007-08 left college with debt from school loans, and their average student loan debt load was $23,186, according to FinAid.org.
If you're a senior in high school who's planning for college but you haven't yet picked your school, you're in the sweet spot.
For college students who are approaching graduation, the employment picture may be looking slightly better than it has in the past couple of years, as the country slowly recovers from the Great Recession.
