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☆ Donald unchained: SCOTUS decision would give Trump the immunity to run rampant just in time for a possible 2nd term, experts say
▼ + stars: | 2024-07-01 | by ( Laura Italiano | Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "Most, if not all, of that conduct would fall on the 'presumptively-official' side of the line," said Michel Paradis, an attorney who teaches national security and constitutional law at Columbia Law School. AdvertisementUnder Monday's decision, "courts may not inquire into the President's motives" in deciding if a presidential act is official or unofficial. "And this opinion, more than any other in the Supreme Court's history, gives the president king-like powers," Sloan added. "Everybody was horrified" when Trump's lawyer first raised immunity in that circumstance as a possible consequence, Sloan said.

Persons: —, Richard Nixon, — Nixon, Michel Paradis, Paradis, Trump, Trump's, Rudy Giuliani, Neama Rahmani, Rahmani, Cliff Sloan, Sloan, Sonya Sotomayor Organizations: Service, FBI, CIA, Business, Columbia Law School, Department of Education, Environmental Protection Agency, Biden, Trump, West, Georgetown Law, Supreme Locations: Independence

☆ Student loan payments go on pause for millions of borrowers
▼ + stars: | 2024-06-28 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

The Biden administration is pausing student loan payments for about three million borrowers who are enrolled in its new repayment plan as it defends the program in court against Republican-backed lawsuits. The preliminary injunctions are a result of lawsuits filed earlier this year by Republican-led states, including Florida, Arkansas and Missouri. The states argued that the Biden administration was overstepping its authority and trying to find a roundabout way to forgive student debt after the Supreme Court blocked its sweeping plan last year. Under the SAVE plan, many borrowers pay just 5% of their discretionary income toward their debt each month, and its guidelines state anyone making $32,800 or less has a $0 monthly payment. It also expedited the timeline after which many borrowers receive the full cancellation of their debt.

Persons: Joe Biden, Education Miguel Cardona, Biden, Joe Biden's Organizations: Education, White, Republican, Valuable Education, U.S . Department of Education, CNBC, Finance, Social Security Workers, SAVE Locations: Washington, Kansas, Missouri, Florida , Arkansas

☆ These 13 states — including Florida and Texas — opted out of a $2.5 billion federal food program that would help feed low-income kids this summer
▼ + stars: | 2024-06-27 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +8 min

During the pandemic, the federal government covered the entire cost of the Summer EBT program, but starting this summer, states will be on the hook to split administrative costs 50/50. AdvertisementThirteen Republican-led states ultimately opted out of the program this summer, citing myriad reasons, including redundancy, insufficient support, and politics. AlabamaAccording to the state's Department of Health, one in four children in Alabama faces food insecurity. The state will reconsider joining the summer program once the backlog is dealt with, the outlet reported. Brian Kemp told local outlet 11 Alive that the state already has a summer food program in place.

Persons: —, Brian Kemp, Republican Sen, Cindy Carlson, Kim Reynolds, Reynolds, Kevin Stitt, Stitt, Biden, Henry McMaster, Scott Olson, Iran Fury, Kristi Noem, Chalkbeat, Fury, Megan Degenfelder, Degenfelder Organizations: Service, Department of Agriculture, SUN, Business, The, Agriculture, state's Department of Health, SUN Bucks, Alabama, state's Department of Education, Assistance, SNAP, state's Department of Children, Families, Florida Department of Children, Republican Gov, Republican, Idaho Education, Iowa, Iowa Iowa Gov, Human Services, Biden Administration, Mississippi The Mississippi Department of Human Services, Magnolia Tribune, Oklahoma Republican Gov, South Carolina Republican Gov, The Texas Tribune, state's, Human Services Commission Locations: Alabama, Alaska Alaska, Alaska, Florida, Georgia, SUN Bucks, NurPhoto Idaho, Idaho, Iowa Iowa, Mississippi, Oklahoma, South Carolina, Dakota South Dakota, Iran, Texas Texas, Wyoming Wyoming, Wyoming

☆ Judges halt key parts of Biden’s student loan forgiveness, repayment plan — risking relief for millions
▼ + stars: | 2024-06-25 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

Two federal judges in Kansas and Missouri have temporarily halted significant parts of President Joe Biden's new student loan repayment plan, putting debt relief for millions of Americans in jeopardy. The Monday evening rulings stop the U.S. Department of Education from implementing major provisions of the Saving on a Valuable Education, or SAVE, plan. Until the cases are decided, the Biden administration is prevented from forgiving any more debt under the new income-driven repayment plan and from further reducing borrowers' payments in July, as it planned to. More than 8 million borrowers have enrolled in the SAVE plan since it launched in August. "The Department of Justice will continue to vigorously defend the SAVE Plan," he added.

Persons: Joe Biden's, Biden, Mark Kantrowitz, Education Miguel Cardona, " Cardona Organizations: U.S . Department of Education, Valuable Education, Finance, Republican, Education, Higher, Department, Justice, SAVE Locations: Kansas, Missouri

☆ Courts halt parts of Biden’s student loan repayment plan
▼ + stars: | 2024-06-24 | by ( Katie Lobosco | ) edition.cnn.com time to read: +1 min

Two lawsuits filed by Republican-led states argue that the Biden administration overstepped its authority when it implemented the SAVE (Saving on a Valuable Education) repayment plan. Two parts of the SAVE plan will be on pause until the cases are fully litigated. The Biden administration cannot cancel any more federal student debt for borrowers enrolled in the SAVE plan. Under the plan, borrowers qualify for debt forgiveness once they make at least 10 years of payments. The Biden administration will also be blocked from implementing further provisions of the SAVE plan.

Persons: Biden Organizations: Washington CNN, Republican, SAVE, of Education Locations: Kansas, Missouri

☆ 2 federal courts just blocked student-loan forgiveness and cheaper monthly payments under Biden's new repayment plan
▼ + stars: | 2024-06-24 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Read previewPresident Joe Biden's new student-loan repayment plan just got dealt two blows by federal courts. The attorneys general argued that relief was unconstitutional, among other things, and requested the relief — and the plan overall — be blocked. The ruling still preserves borrowers' abilities to enroll and make payments through the plan. AdvertisementBoth of the rulings are preliminary, and while student-loan forgiveness is blocked for the time being, courts have yet to hand down their final rulings. AdvertisementStill, these two rulings are setbacks for borrowers who were hoping to benefit from the SAVE plan that the Education Department has been touting for the past year.

Persons: —, Joe Biden's, Andrew Bailey, Mike Pierce, Judge Daniel Crabtree, Kris Kobach Organizations: Service, GOP, Business, Education Department, Missouri, Department of Education, Department, Protection Locations: Kansas, Missouri

☆ A B.A. from Columbia could cost $500,000: Here are the top 10 most expensive places in the U.S. to go college
▼ + stars: | 2024-06-22 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +3 min

Over four years, the total bill may be $500,000 or more, as it is estimated to be at Columbia University, according to Self Financial. These are the 10 schools with the highest total cost for four years. Columbia University—New YorkTotal cost: $514,4422. Massachusetts Institute of Technology—Cambridge, MassachusettsTotal cost: $441,948All of the 10 most expensive schools Self Financial identified are private, which makes sense, given that those institutions typically charge higher tuition than public schools. But private colleges often offer generous financial aid and scholarships packages so your cost to attend may even be lower than at a public university.

Organizations: National Center for Education Statistics, Columbia University, Columbia, U.S . News, Bureau of Labor Statistics, Columbia University — New York, New York University — New York, Georgetown University — Washington, D.C, Harvard University — Cambridge, California Institute of Technology, University of Southern, University of Southern California — Los Angeles Total, University of Chicago — Chicago, George Washington University — Washington, Yale University — New, Massachusetts Institute of Technology, Self, Harvard, University of Massachusetts, Department, Education's, CNBC Locations: Massachusetts, California Institute of Technology — Pasadena, California, University of Southern California, Yale University — New Haven , Connecticut, Massachusetts Institute of Technology — Cambridge, Amherst

☆ Education Department looks to expand Public Service Loan Forgiveness eligibility
▼ + stars: | 2024-06-21 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

The U.S. Department of Education may extend the eligibility of a popular student loan forgiveness program to early childhood educators. The agency on Thursday announced that it was issuing a request for information on potentially broadening the Public Service Loan Forgiveness program to include workers in early childhood education settings, many of whom report low wages. "Early childhood educators help young children learn, grow, and thrive," said U.S. "If these educators can access Public Service Loan Forgiveness, we can help our youngest children, their families, and their communities." Including early childhood educators would likely expand the reach of the program to at least some for-profit employers.

Persons: Education James Kvaal, Kvaal, George W, Bush, Xers, Mark Kantrowitz Organizations: U.S . Department of Education, Education, Finance, Trump, Education Department

☆ How to pick a good, affordable college before applying
▼ + stars: | 2024-06-17 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +8 min

New York CNN —Long before you take your high schooler on college campus tours, consider this: Shopping for college shouldn’t be any different than shopping for a home. Getting into that top 25% cohort is based on SAT or ACT scores, and having a high, unweighted GPA based on a rigorous high school curriculum. Other ways to reduce college costs before applyingWhile your children are in high school they can take other steps to reduce the total cost of their education. If their high school doesn’t offer them, there is a program called Freshman Year for Free offered by the Modern States Education Alliance. Getting the minimum AP scores a college requires to earn a college credit will lower how much you ultimately have to spend on tuition.

Persons: New York CNN — Long, ”, Beth Walker, Walker, doesn’t, pare, Mike McKinnon, won’t, Todd Fothergill, Fothergill, you’re, ” Fothergill, ” Walker, Said Walker, “ Organizations: New, New York CNN, shouldn’t, “, College, ”, National Institute of Certified College Planners, Ivy League, Loan, Students, Stafford, American, Tax, of Education College, College Board, Free, Modern States Education Alliance Locations: New York

☆ You may not have to make a student loan payment in July—what borrowers need to know
▼ + stars: | 2024-06-14 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +3 min

It's not often student loan borrowers are excited to see their monthly billing statement. But loan servicers have been instructed to pause payments in July for some borrowers enrolled in the SAVE plan while their new monthly payments are calculated and their accounts updated. Loan servicers have begun notifying the affected borrowers who will not need to make payments in July. The July payment is entirely skipped and borrowers won't need to make additional payments in August, the ED spokesperson confirmed. The 4.6 million borrowers who qualify for $0 monthly payments on the SAVE plan will not need to go into forbearance, the department said.

Persons: It's Organizations: of Education, New York Times, CNBC, SAVE, Public Locations: forbearance

☆ Gen Z is harnessing 'one of the magical qualities of investing,' advisor says — how it helps them build wealth
▼ + stars: | 2024-06-14 | by ( Genna Contino | ) www.cnbc.com time to read: +3 min

More than a quarter of Gen Z, 28%, say they learned about investing in school, compared to 19% of millennials and 12% of Gen X. There's also a greater abundance of information available online and on social media that older generations did not have access to, especially at such early ages. However, experts recommend turning to a trusted financial advisor before taking advice from social media. About three-quarters (76%) of Schwab survey respondents said they don't follow any finance influencers and 65% reported that social media has no impact on their investments. Overall, respondents said they are more likely to engage with a financial advisor (57%) than social media platforms (42%) for financial advice.

Persons: Roth, Ed Slott, Schwab, Gen, There's, Williams Organizations: Stone, Roth IRA, Trust, . Department of Education

☆ Kamala Harris blasts Rep. Byron Donalds for comments on Black families under Jim Crow
▼ + stars: | 2024-06-10 | by ( Donald Judd | ) edition.cnn.com time to read: +3 min

CNN —Vice President Kamala Harris, in an interview published Monday, criticized a suggestion made last week by Republican Rep. Byron Donalds that Black families were “together” during the Jim Crow era of racial segregation. Ron DeSantis into Black history curriculums. “During Jim Crow, more Black people were not just conservative — because Black people have always been conservative-minded — but more Black people voted conservatively,” he said. “Everyone on that list has supported a Trump abortion ban in their state or has called for a national ban. Are we supposed to debate that?”The vice president has often served as the administration’s messenger on an array of hot-button issues.

Persons: Kamala Harris, Byron Donalds, Jim Crow, Donald Trump’s, Politico, Donalds, “ It’s, ” Harris, Ron DeSantis, “, Wesley Hunt, ” Donalds, ”, Harris, Trump Organizations: CNN, Republican Rep, Politico, Republican, Trump, Republican Gov, Texas Rep, Philadelphia Inquirer, Biden, Florida Republicans, of, state’s Department of Education Locations: Florida, Philadelphia, Jacksonville , Florida, Tucson

☆ It costs over $90,000 a year to go to Yale—but here's how much students actually pay
▼ + stars: | 2024-06-05 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +1 min

Like any Ivy League school, a degree from Yale University has the potential to help you go very far in life. Plus, Yale students go on to command a median salary of $95,961 a decade after starting school, according to the Department of Education's College Scorecard. For the 2024-25 school year, undergraduate tuition is listed at $67,250. Additional costs, including housing, food, materials and student fees, brings the estimated total cost of attendance to $90,975 per year. Here's what students and their families typically pay for a Yale education.

Persons: Angela Bassett, Jodie Foster, George H, Bush, George W, Tom Steyer Organizations: Ivy League, Yale University, Yale, Department, Education's Locations: Haven , Connecticut

☆ Columbia University settles with Jewish student who sued over hostile environment on campus
▼ + stars: | 2024-06-04 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

New York CNN —Columbia University has settled with a Jewish student who sued in late April, claiming the Ivy League university failed to provide a safe environment. As part of the settlement, Columbia said it is providing 24/7 walking escorts and safe entrances to campus. Columbia also created a “Safe Passage Liaison,” who will manage and coordinate the safe passage escorts. Columbia president Minouche Shafik acknowledged in a statement in April that many Jewish students and other students have “found the atmosphere intolerable in recent weeks.”“Many have left campus, and that is a tragedy. Title VI of the Civil Rights Act says universities and K-12 schools have a responsibility to provide all students with an environment free from discrimination.

Persons: ”, we’ve, Minouche Shafik, “, ” Shafik, CNN’s Matt Egan Organizations: New, New York CNN — Columbia University, Ivy League, Hamilton Hall, Columbia, US Department of Education’s, Civil Rights, Civil Locations: New York, Israel, Gaza, Columbia, Palestine

☆ ‘Not all debt needs to be paid off as soon as possible,’ says CFP—what to focus on first
▼ + stars: | 2024-05-31 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +3 min

A little over 40% of Americans would consider themselves financially successful if they were able to clear their debt, according to a recent Bankrate survey. That number includes mortgage debt, car loans, student loan debt and credit card debt. "Not all debt needs to be paid off as soon as possible," she tells CNBC Make It. For each debt, include the name of your lender, your outstanding balance, the minimum payment, any due dates and the interest rate. And the interest rate for federal student loans ranges from 5.5% to 8.05%, per the Department of Education.

Persons: isn't, Avani Ramnani, Francis, Ramnani, Matt Schulz, Louis Organizations: New York Federal Reserve, Francis Financial, CNBC, Federal Reserve Bank of St, of Education

☆ Grads with these 10 master's degrees have the highest average starting salaries—No. 1 earns over $100,000
▼ + stars: | 2024-05-30 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +3 min

Federal graduate school loans are more expensive, too, with higher interest rates than loans for undergraduate studies. On top of that, 55% of master's degree-holders have debt from both their undergraduate and graduate studies, owing an average total of over $69,000. Similar to undergraduate degrees, science, technology, engineering and math-related master's degrees tend to lead to higher-paying salaries compared with degrees in the arts and humanities. That said, these are the 10 master's degrees with the highest average starting salaries for the class of 2022, according to the National Association of Colleges and Employers. In fact, fewer than 60% of master's degree programs deliver a positive return on investment, according to a recent study by The Foundation for Research on Equal Opportunity.

Persons: FREOPP Organizations: Bureau of Labor Statistics, National Center for Education Statistics, Federal, National Association of Colleges, Computer, Liberal, The Foundation, Research, Education's, CNBC

☆ House v. NCAA: College sports could see a dramatic change. Here’s what you need to know
▼ + stars: | 2024-05-23 | by ( Ben Morse | ) edition.cnn.com time to read: +7 min

CNN —College athletes could soon get dramatically different paychecks. The lawsuitThe House v. NCAA lawsuit was filed by Grant House and Sedona Prince, two college athletes, against the NCAA and the Power 5 conferences – the Pac-12, Big Ten, Big 12, Southeastern and Atlantic Coast – in US District Court Northern District of California Oakland Division in 2020. But college athletes in the House lawsuit say current NIL rules and an “anticompetitive” college system hurt their chances to make money. The possible settlement comes against a backdrop of attitudes toward college athletes receiving payments gradually changing. Earlier this year, members of the Dartmouth College men’s basketball team became the first college athletes to vote to join a union, a significant milestone in the rapidly changing business for collegiate sports.

Persons: Grant, Caitlin Clark, Caleb Williams, NILs, Michael Reaves, ”, Chris Jones, ” Jeffrey Kessler, Kessler Organizations: CNN — College, National Collegiate Athletics Association, NCAA, Grant House, Sedona Prince, Big, of California Oakland Division, College, Football, Division, Department of Education, Supreme, Iowa, USC, Westmont, FMC, CNN, National Association of Collegiate, Athletics, Baylor Lady Bears, USA, Sports, Reuters, Yahoo Sports, Athletic, ESPN, ACC, Dartmouth College men’s Locations: Southeastern, Atlantic, California, U.S, United States

☆ Biden administration to forgive $7.7 billion in student debt for more than 160,000 borrowers
▼ + stars: | 2024-05-22 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

U.S. President Joe Biden delivers remarks regarding student loan debt forgiveness in the Roosevelt Room of the White House on Wednesday August 24, 2022. The Biden administration said on Wednesday that it would forgive $7.7 billion in student loans for more than 160,000 borrowers, its latest effort to reduce the burden of education debt on households. "The Biden-Harris Administration remains persistent about our efforts to bring student debt relief to millions more across the country," said Education Secretary Miguel Cardona in a statement. Wednesday's loan forgiveness includes $5.2 billion for 66,900 borrowers pursuing Public Service Loan Forgiveness, and $1.9 billion for 39,200 people enrolled in income-driven repayment plans. That option leads to student loan forgiveness after 10 years for those who originally borrowed $12,000 or less.

Persons: Joe Biden, Biden, Harris, Miguel Cardona Organizations: White, U.S . Department, Public, Biden, Harris Administration, Valuable Education

☆ As student loan forgiveness nears $160 billion, here's what to know about the relief programs
▼ + stars: | 2024-05-20 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

US President Joe Biden announces student loan relief with Education Secretary Miguel Cardona (R) on August 24, 2022 in the Roosevelt Room of the White House in Washington, DC. Olivier Douliery | AFP | Getty ImagesThe Biden administration fixes to the country's $1.6 trillion student loan system have resulted in regular announcements to forgive large shares of that debt. In total, the U.S. Department of Education has canceled almost $160 billion in federal student loan debt for nearly 4.6 million borrowers while President Joe Biden has been in office. Here what to know about the aid programs that have led to that relief. Income-driven repayment plansPublic Service Loan ForgivenessNavigating the Public Service Loan Forgiveness program has been famously difficult.

Persons: Joe Biden, Education Secretary Miguel Cardona, Olivier Douliery, Biden, George W, Bush, Federal Perkins Organizations: Education Secretary, White, AFP, Getty, U.S . Department of Education, Public, Consumer Financial, Family Education, Federal, Federal Perkins Loans, Education Department Locations: Washington ,

☆ FAFSA problems are hurting students who need financial aid the most
▼ + stars: | 2024-05-18 | by ( Katie Lobosco | ) edition.cnn.com time to read: +8 min

“You just feel terrible,” said Vanessa Hlavacka, a counselor for multilingual students at La Follette High School. High school ramps up supportOnce the issues with this year’s FAFSA became apparent, La Follette High School ramped up support services for families of college-bound seniors. Some La Follette students from mixed-status families have had success since then submitting the FAFSA, but others are still having problems. Students at La Follette are behind the national trend, but they have had more success filing the FAFSA in recent weeks. It’s a glitch that several other La Follette students have experienced.

Persons: Robert M, “, ”, Vanessa Hlavacka, Annie Hank Braga, La, Hank Braga, FAFSA, ” Hank Braga, it’s, Biden, ” Hlavacka Organizations: Washington CNN, La Follette High School, Federal Student Aid, –, Follette, Racing, La Follette, Opportunity, Department of Education, of Education, Republican, Democratic, National College Locations: Madison , Wisconsin, La, –

☆ Refinancing student debt is risky amid Biden forgiveness push. Borrowers 'forever lose access' to safety nets, advocates say
▼ + stars: | 2024-05-16 | by ( Annie Nova | ) www.cnbc.com time to read: +4 min

(For example, federal student loan borrowers can pause their payments if they become unemployed, return to school or get cancer.) But advocates have fresh warnings now as the Biden administration reforms the federal student loan system. Millions more federal student loan borrowers could receive debt forgiveness in the coming months if Biden's revised relief package survives legal challenges this time. PSLF allows certain not-for-profit and government employees to have their federal student loans cleared after 10 years of on-time payments. (The rates on federal student loans for the 2024-2025 academic year will range from roughly 6.5% to 9%.)

Persons: Biden, Joe Biden, Biden's, who've, PSLF, I've, they'd refinanced, —, Yu, Mark Kantrowitz, Kantrowitz Organizations: U.S . Department of Education, Education Department, Public, Art Institute, Art, Education Management Corp, Valuable Education Locations: Mayotte, Iowa , Massachusetts, Pennsylvania

☆ 17-year-old got into 2 Ivy League schools—her financial aid package helped her decide where to go
▼ + stars: | 2024-05-16 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +4 min

Facing unknown costs of attendanceAnsah knew she needed financial aid to attend college. "I knew that ultimately the decision of where I'm going to go would be heavily impacted by the financial aid aspect." Typically, when incoming students receive their college acceptance letters, they also receive a financial aid offer if they applied and qualify for assistance. And now, as students are making college decisions, some still haven't seen financial aid offers. But neither of her acceptance letters from Penn or Princeton included financial aid award information.

Persons: —, Ansah, It's, We've, wouldn't, She'd Organizations: Princeton University, University of Pennsylvania, CNBC, Ivy League, Princeton, Penn, Federal Student Aid, of Education, Rutgers University, Howard University, University of Maryland Locations: New Jersey, Penn

☆ Rishi Sunak has a new target: Sex education
▼ + stars: | 2024-05-16 | by ( Rob Picheta | ) edition.cnn.com time to read: +7 min

Ben Birchall/PA‘Utterly disgraceful’The new draft guidance from the government, published Thursday, takes aim at the way sex and relationships are taught to English children in both primary and secondary schools. Under the new approach, children can’t be taught sex education before the age of nine, while “explicit discussion of sexual activity” will be delayed until children are 13. Gender identity, or the fact that people can change gender, is meanwhile “highly contested and should not be taught” at all, according to the Department of Education. But education specialists worry that school pupils have become the latest victim of that push. “But when a political ideology comes into it, it becomes more difficult for the whole of the education world to move behind it,” he added.

Persons: Rishi Sunak’s, “, –, Sunak’s, Pepe Di’lasio, ”, ” Di’lasio, Ben Birchall, can’t, ” Paul Whiteman, Di’lasio, Sam Freedman, Britain’s, Gillian Keegan, Keir Starmer, Jane Barlow, Sunak, Brianna Ghey, ” Whiteman, Keegan, it’s, we’ve, we’re Organizations: CNN, Association of School and College Leaders, Department of Education, National Association of Head Teachers, Institute, Government, The Sun, Labour, BBC Locations: England’s, England, Starmer

☆ The top 10 most affordable colleges on the 'New Ivies' list from Forbes—2 are private schools
▼ + stars: | 2024-05-15 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +3 min

Going to an Ivy League school for college may help you earn a competitive salary down the line. The average tuition price across the Ivy League colleges is $64,829 — and that's before factoring in housing, food, books and other fees, according to the schools' latest available listed prices. Often, as is the case with Ivy League schools, private colleges can offer better financial aid packages through institutional grants and scholarships. These are the 10 new Ivies with the lowest average net price, according to Department of Education data:1. University of Michigan—Ann ArborOut-of-state tuition: $27,864 (figure reflects 2023-24 tuition price, 2024-25 price not available)Average net price: $16,7928.

Persons: University of Texas — Austin Organizations: Ivy League, Princeton University, Harvard College, Department, Education's, Forbes, —, CNBC, of Education, University of Florida, University of North, Georgia Institute of Technology, Rice, University of Illinois, University of Maryland —, University of Michigan, University of Wisconsin —, University of Texas —, Johns Hopkins Locations: University of North Carolina, University of Illinois Urbana — Champaign, Ann Arbor

☆ It will be even more expensive to borrow money for college this year—3 tips to cut down costs
▼ + stars: | 2024-05-15 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +3 min

The interest rate for direct federal undergraduate student loans disbursed after July 1, 2024 will be 6.53%, the Department of Education announced Tuesday. That's up from the current 5.5% interest rate, and the highest rates have been since 2008, according to ED data. New graduate student loans will have an 8.08% interest rate and parent PLUS loans will come with a 9.09% rate. Here are three ways to lower your overall college costs and reduce the amount you may need to borrow. Starting your college education at a community college or trade school is one way you may be able to cut down on costs while racking up course credits.

Persons: That's, Gabriella Carter, Ethan Nguonly, Nguonly hustled, Nguonly Organizations: Department of Education, Princeton University grad, CNBC, University of California — Locations: University of California — Berkeley

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