Author: Jamie Johnson

CommonBond Offers Student Loan Refinancing to U.S. Immigrants With Work Visas

CommonBond, a student loan platform, recently announced it would offer student loan refinancing for U.S. immigrants with work visas.The financial technology company CommonBond announced it will offer student loan refinancing to U.S. immigrants with work visas. This means over 2 million Americans will have the opportunity to make their student loan debt more manageable.Student loan refinancing will now be available to immigrants with H1-B, J-1, L-1, E-2, and E-3 visas. To qualify, applicants must have earned an undergraduate or graduate degree at a nonprofit school in the U.S.CommonBond CEO David Klein issued a statement saying that the company believes...

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House Bill Would Require Student Loan Borrowers to Get Financial Counseling

The House recently passed through a bill that would require all federal student loan borrowers to participate in annual financial counseling. The House passed a bill on Sept. 5 that would require all federal student loan and Pell Grant recipients to participate in annual financial counseling. The bill is known as the “Empowering Students Through Enhanced Financial Counseling Act.”House Speaker Paul Ryan issued a statement saying that the bill will “support students as they make decisions about how to finance their education and begin to repay their loans.” He added that “students and parents enrolled in federal loan programs will...

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Study: Low-Income Working Students Face Many Challenges

A study completed by Georgetown's McCourt School found that low-income college students with jobs are more likely to quit college or take longer. Low-income college students who work are more likely to quit college or take longer to earn their degree, according to a new report.The report was based on a study conducted by the Center on Education and the Workforce at the McCourt School of Public Policy at Georgetown. The study found that nearly 70 percent of students work while earning their undergraduate degree. Out of the 14 million working learners, 43 percent (6 million) are low-income students who...

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College Fees Add Thousands of Dollars to the Final Tuition Bill

Many incoming college freshmen may be surprised to see additional costs on their tuition bill, such as a technology fee.As the fall semester kicks off, incoming freshmen may be surprised by some of the items included in their tuition bill. Tuition costs are pricey enough but are expected. Many students find financial aid award letters to be confusing, and it doesn’t help that most colleges add a number of fees onto the final bill. These unplanned expenses can quickly add up to thousands of dollars, according to the Boston Globe.There is some merit to these additional charges. For instance,...

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Colleges Offer Tuition Price Matching to Stay Competitive

In order to recruit high-performing students, it is becoming more common for private colleges to match the tuition rates at public schools.There is increasing competition among colleges to recruit high-performing students. In an attempt to remain competitive, many private universities are offering to match the tuition rates students would pay at a public college, The Wall Street Journal reported.For example, Oglethorpe University in Atlanta will match the tuition rates for all flagship universities for students who meet certain academic requirements. And Robert Morris University near Pittsburgh announced it will match the tuition price of the local public colleges for...

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