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Student Loans

Latest Articles

Fixing the mess of student debt

On July 1, the interest rate on federal Stafford student loans is slated to jump from 3.4 percent to 6.8 percent. Luckily, the forces of common sense have an ace up their sleeve.
One Cent's Worth
By MARC MEWSHAW  |  June 08, 2013
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What your dollars need to know about maine accounts

When you move to a new city, you need your money as accessible as it can be — especially if you're lucky enough to get a refund from the finance office after your student loans come through.
Bank check
By CHELSEA COOK  |  September 14, 2012
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Student loans tying you down?

In late June DePaul University graduate student Marty Gleason went public about his mounting load of debt in an appeal to Congress to keep the interest rate on student loans at 3.4 percent.
Congress’s latest fix won’t give you much help
By DEANNA ISAACS  |  September 14, 2012
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General Strike of the Unemployed

Hopes of the hopeless.
Big Fat Whale
By BRIAN MCFADDEN  |  April 27, 2012

Breaking down the cost of Brown; birth control mirth; business as usual

Mayor Angel Taveras and Brown University are locked in a nasty fight over upping the school's payments to the city. And the university's governing board has announced it will hike tuition and fees by 3.5 percent next year.
Hill hiking
By PHILLIPE AND JORGE  |  February 17, 2012

Obama responds to the 99 percent

In announcements that could be interpreted as gifts to the Occupy movement, President Barack Obama recently introduced three measures to help struggling students, veterans, and homeowners.
Band-aids or benefits?
By DEIRDRE FULTON  |  November 11, 2011


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Sallie Mae not

If you have had to borrow money to pay for school, chances are good you've borrowed from Sallie Mae, the largest student-loan company in the US, which currently handles between 40 and 45 percent of the business.
As federally sponsored student-loan giant Sallie Mae prepares to go private, it’s squeezing every last penny from student borrowers while opening up scads of new businesses. How can you protect yourself?
By CATHERINE TUMBER  |  July 29, 2011
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Stay in the black

Some of you greenhorns are embarking on your academic careers. And some of you veterans are practically outta here. Remember all that advice about maintaining a good grade-point average? There's another number that might actually be more important: you
Graduate without financial ruin
By CLAUDE MORGAN  |  August 28, 2009
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The Loan Groan

Each month, with miserable certitude, the snail-mailboxes of middle-class twenty- and thirtysomethings are stuffed with student-loan bills, from both federal and private lenders. The balance seems to remain stagnant, even as we mail in check after chec
Never a borrower or a lender be dept.  
By DEIRDRE FULTON  |  July 10, 2009
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Loan Groan

Each month, with miserable certitude, the snail-mailboxes of middle-class twenty- and thirtysomethings are stuffed with student-loan bills, from both federal and private lenders. The balance seems to remain stagnant, even as we mail in check after check
A new federal program aims to help overburdened student borrowers
By DEIRDRE FULTON  |  July 10, 2009
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Loan Groan

Each month, with miserable certitude, the snail-mailboxes of middle-class twenty- and thirtysomethings are stuffed with student-loan bills, from both federal and private lenders. The balance seems to remain stagnant, even as we mail in check after check
A new federal program aims to help overburdened student borrowers
By DEIRDRE FULTON  |  July 10, 2009


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Public colleges get the shaft

When it came time to pick a college, Thomas Ahrens just couldn't pass up the relative affordability of a University of Rhode Island education.
Fewer teachers. Bigger classes. More applicants. Huge tuition hikes. the outlook for Rhode island higher ed is bleak .
By MEAGHAN WIMS  |  February 25, 2009
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Get over it

Okay, you survived the college-application process; you filled out the miserable FAFSA forms; you sweated out the wait for acceptance letters; and cut your best financial-aid deal.
What every freshman should know about going to college in Boston
By CLIF GARBODEN  |  September 02, 2008
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The devil in the details

It’s hard to imagine stopping to look at drawings that don’t coalesce till you let them pull you in and spin you around a bit.
‘Drawn to Detail’ and ‘Laylah Ali’ at the DeCordova, Esteban Pastorino Díaz at the SMFA, and Student Loan Art Program at MIT
By RANDI HOPKINS  |  August 28, 2008
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MEFA madness

On July 28, news broke that the Massachusetts Educational Financing Authority had fallen on hard times.
No need to panic over student loans. Just pay more.
By KARA BASKIN  |  August 13, 2008

Stay away from me, baby

Imagine a Maine in which almost everybody is over the age of 40.
Politics and other mistakes
By AL DIAMON  |  November 14, 2007


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School for scandal

Lending institutions have been buying the favor of sticky-fingered college administrators for some time now.
An Emerson College dean becomes the first Boston casualty of the national student-loan fiasco
By DAVID S. BERNSTEIN  |  June 27, 2007
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Lender bending

It should come as little surprise that financial institutions resort to heavy-handed and ethically shady tactics to increase their share of the student-loan business.
It’s time to rein in the student-loan industry. Plus, trying to make sense of the horror at Virginia Tech.
By EDITORIAL  |  April 18, 2007
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Opportunity Maine — missing the target?

Why are college students leaving Maine after graduation?
Numbers
By EMILY PARKHURST  |  April 04, 2007
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Student loan scandal

Are students getting screwed, and will anybody stop it?
Is your college getting paid to steer you in the wrong direction?
By DAVID S. BERNSTEIN  |  March 28, 2007

Young and dumb

Consider two mildly mythical Maine citizens.
Politics and other mistakes
By AL DIAMON  |  March 07, 2007


Schoolyard bully

Can you imagine the uproar if homeowners were suddenly unable to refinance their home with a different lender? Or worse, if they could not refinance at all?
Letters to the Boston editor: December 29, 2006
By BOSTON PHOENIX LETTERS  |  December 27, 2006
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Manhandled no more

A few years ago, if you googled student-loan giant Sallie Mae and the word “lawsuit,” a live-journal blog called Southern Girl Babbling would turn up.
 Running with a PAC
By CATHERINE TUMBER  |  December 14, 2006
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The unfaithful scholar

Perhaps you were lured by the promise of original Abraham Lincoln speeches (Boston College) or a castle (Emerson’s Kasteel Well, a 12th century landmark in the Netherlands).
Advice for transfer students, or how to dump your college
By JESS MCCONNELL  |  October 23, 2006
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MECA slims down

To achieve its $15 million capital campaig goals, the Maine College of Art must first deal with declining enrollment and an administrative exodus.
Bodywork
By SARA DONNELLY  |  July 12, 2006

Federal anti-drug provision hits RI students hard

Rhode Island has been hit hard by an anti-drug law that bars college students with drug convictions from receiving federal grants and loans, according to US Department of Education statistics.
Drug wars
By STEVEN STYCOS  |  May 17, 2006


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Second time around

If you are thinking of going back to school, you will want to do four things before making that commitment.
Meeting the high costs of going back to school
By MICHAEL BRONSKI  |  May 08, 2006
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Quotes and numbers, April 7, 2006

33.3 Percentage of Four-year public-College students in Massachusetts who would have unmanageable student-loan debt if they took teaching jobs in this state.
Debt, guns, gas and more  
By  |  April 05, 2006

Q is for quagmire

In response to your recent coverage of the president’s policy in Iraq, I would like to point out that the House of Representatives passed an amendment to the 2006 Supplemental Appropriations Act which forbids the Pentagon from entering into any basing ag
Letters to the Boston editor: March 31, 2006
By EDITORIAL  |  March 29, 2006
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No money, mo problems

There are more than 4000 degree-granting higher-education institutions in the United States.
Screwed students get heard
By DEIRDRE FULTON  |  March 22, 2006