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Rising Grad School Debt Is Decreasing Students’ ROI

BestColleges

Despite these rises, median earnings have mostly remained steady for graduate degree-holders since 2003, when adjusted for inflation. Ten years after graduating with their bachelor's degree, the average median earnings for any graduate degree-holder was $83,372 in 2003 and $83,778 in 2018 — only a $406 increase in 15 years.

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How to Get Your Money From the ‘568 Cartel’ Lawsuit

BestColleges

The Class Period is defined as follows: For Chicago, Columbia, Cornell, Duke, Georgetown, MIT, Northwestern, Notre, Rice, Vanderbilt, Yale — from fall term 2003 through the date the court enters an order preliminarily approving the Settlement. According to the website, here's who is eligible to receive cash awards ("claimants"): All U.S.

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College Tuition Inflation Statistics

BestColleges

The cost of college makes a difference in who can access higher education and how much student loan debt individuals take on. in 2003 and just 3.7% Note Reference [1] In recent years, tuition inflation has slowed somewhat, but tuition prices keep climbing. It rose 0.3%

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Student Loan Default Rate: Facts and Statistics

BestColleges

Data Summary Check As of 2022, the three-year student loan default rate was 2.3%. [1] 1] Check The recent student loan default rate is the lowest it's been in years. Note Reference [1] Check At the end of 2021, roughly 3 million people — close to 7% of all student loan borrowers — were in default. [2] billion at the end of 2021.

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These States Offer College Scholarships, Financial Aid to Former Foster Youth

BestColleges

Nine states have scholarship or grant options to help lessen the need for student loans. Whether students qualify, however, often depends on at what age they were in foster care and for how long. Ten states, meanwhile, offer no state support for SEFC. Chafee Foster Care Program. .

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Report Reveals ‘Weak Connection’ Between Debt and Earnings Outcomes for Graduate Students

BestColleges

The large percentages of programs with unaffordable debt at for-profit institutions are particularly worrisome for Black graduate students who disproportionately attend these schools and already face significant student loan debt. ED's report suggests that the value of obtaining an advanced degree may have fallen over the last 20 years.

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Supreme Court Rules to Block Biden’s Student Debt Forgiveness Plan

BestColleges

President Biden announced a plan in August 2022 to cancel up to $20,000 in debt for most student loan borrowers. Supreme Court ruled on Friday that President Joe Biden’s plan for student loan debt forgiveness is unconstitutional. The court's majority opinion stated such a debt relief program would need to be approved by Congress.

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