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Update: What the Federal Student Loan Servicing Shake-Up Means for Borrowers

Admitted

In 2010, the federal government eliminated the bank-based student loan program (formerly the Federal Family Education Loan Program, or FFELP) in favor of originating loans directly from the Department of Education). As a result, some companies have decided not to continue serving as student loan servicers.

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When the Math Isn’t Mathing: How College Affordability Impacts Student Choices and Your Enrollment

Niche

But the truth is, college enrollment has been declining since 2010 and has continued to fall since the start of the pandemic. After increasing for decades, traditional undergraduate college student enrollment peaked in 2010 at around 18.1 million students , according to data from the National Center for Education Statistics (NCES).

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Law School Can Pay Off, but Not for Everyone

BestColleges

Graduating from a top law school pays significant dividends , often earning you enough money to quickly repay student loans. Toward the bottom of that list, among the 33 lowest-ranked law schools, which collectively educate about 12% of law students, graduates' net annual earnings fall between $22,000 and $55,000.

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College Financing: Meeting Family Needs While Meeting Your Enrollment Goals

Ruffaloni

If you have college-aged students, you know that communication around financing your child’s education is often confusing, even for those of us who work in the industry. For students and families who are not accustomed to higher education’s rules and processes, this could be the moment that they decide higher education isn’t worth it.

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Should You Go to Law School?

BestColleges

High tuition typically leaves law graduates with significant loan debt. Plenty of law school graduates find themselves in the corporate world, nonprofits, banking, higher education, consulting, journalism, and nongovernmental organizations, among other pursuits. Law school enrollment has dropped almost 21% since 2010.

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How Do Most People Pay for College?

BestColleges

According to recent data from the Department of Education (ED), about 8 in 10 bachelor's degree students (82%) have had help from their parents to pay for college. [1]. Almost one-third of parents (32%) contributed more than $10,000 a year to their child's college education. [2]. 41% borrowed federal student loans. Check Circle.

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Average Cost of College Textbooks: Full Statistics

BestColleges

Note Reference [2] Check The percentage of college faculty using free open educational resources grew from 5% in 2015-2016 to 22% in 2021-2022. [3] How College Students Pay for Textbooks Open Educational Resources: Free College Books Sources How Much Are College Books and Supplies? 12% rely on student loans. November 2021.

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