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Biden Admin Forgives $6B in Debt for Former Art Institute Students

BestColleges

Many former Art Institute students will soon see their remaining federal student loan debt balance cleared. EDMC sold its Art Institute campuses in October 2017 and the remaining campuses shuttered in September 2023, according to ED. Loans used to attend a college or university other than the Art Institute will remain.

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The Rising Cost of College Tuition

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In fact, between 1987 and 2017, the cost of attending a public four-year college rose more than 200%, far outstripping the growth in household income. These figures represent a significant increase compared to previous years and outpace the rate of inflation, which stood at 3.2% for the same period.

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How Do Most People Pay for College?

BestColleges

41% borrowed federal student loans. About one-third (35%) received a state or local grant. But most people rely on a combination of sources, including scholarships, student loans, and help from their parents. Student Loans. Check Circle. Check Circle. Almost half (49%) received a grant from their college. Check Circle.

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Student Debt Forgiveness, Repayment Options for Social Workers

BestColleges

Many social workers may qualify for public service loan forgiveness (PSLF) if they work for a government agency or nonprofit. The downside, however, is that the pursuit of a social work degree can leave students with high student loan balances. A 2017 report to the Council on Social Work Education found that 34.3%

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Is a Business Degree Worth It? Key Facts and Statistics

BestColleges

Data Summary Check The average annual salary for a bachelor's in business administration is $73,000. [1] 1] Check The median starting salary for 2021 graduates with a bachelor's in business was $57,190. [2] 2] Check Some business schools report that grads from their bachelor's programs earn $80,000-$120,000 a year, net of debt payments. [3]

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How Much Does Grad School Cost?

BestColleges

This report covers average graduate student loan amounts, average costs by institution type and degree program, and earning potential for graduates with advanced degrees. Graduate Student Loan Debt Earnings Potential Sources Average Cost of Graduate School The average cost of graduate tuition and fees is $19,700 per year.

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UC Riverside Unveils Bachelor of Arts Program at Norco State Prison

BestColleges

The university is only the second UC campus to offer a bachelor's degree program inside a state prison. The University of California (UC), Riverside announced it will be offering a bachelor of arts degree program at Norco California Rehabilitation Center starting in fall 2024. UC Riverside estimates that only 1% of U.S.