student loans

12:36 pm
Wed April 16, 2014

NPR's Morning Edition Examines the Kalamazoo Promise

Lead in text: 
Interview is part of series on paying for college
Paying for college presents a tremendous hurdle to many families, from wading through paperwork and navigating financial aid to understanding the long-term implications of college debt. But what if the city you lived in footed the bill for college? That's what Kalamazoo, Mich., has been doing for almost a decade.
12:23 pm
Wed February 12, 2014

Michigan Democrats Propose Interest-Free Loans Paid Back with Future Earnings

Lead in text: 
A $2-million pilot program would fund 200 students. Slots would be split evenly between four-year universities and community colleges
LANSING -- Democratic lawmakers in the Michigan Legislature put forward a proposal Tuesday to take the state's college students out of the student loan market. The "Pay It Forward" would give in-state students interest-free loans for college in exchange for a commitment to pay back 4 percent of salaries for up to 25 years after graduation.
1:44 pm
Tue October 1, 2013

WestSouthwest: WMU President John Dunn

John Dunn - file
Credit WMUK

Interview with President John Dunn - air version

Western Michigan University's President sits down with WMUK's Gordon Evans and Kalamazoo Gazette reporter Yvonne Zipp for this week's WestSouthwest.

Read more
8:10 pm
Mon September 30, 2013

Student loan default rate climbs in Michigan

Lead in text: 
Average debt of Michigan graduates is $26,000
More Michigan college graduates are defaulting on their student loans than were this time last year, new data from the federal Department of Education shows. The data shows that of the 147,128 who started repaying their loans in 2010, 14.4% had defaulted on the loans with three years.
7:03 am
Mon August 26, 2013

Feds to see big student loan profits

Lead in text: 
The Congressional Budget Office says a new law regulating college loan interest rates will mean a federal profit of about $175 billion over the next decade.
A law touted by politicians as their way of keeping money in the pockets of the nation's college students will instead funnel more than $700 million in additional profit into the federal government's wallet over the next 10 years, a new analysis shows.