Written by: Karen Sloan Published by: Reuters on 9/15/22 MBA News Digest Comment: Is this a model GME programs should follow? Extracted Content: Stanford Law School has teamed with a new non-profit to offer what are known as “income share agreements” to law students, a move officials said will lower the cost of a J.D. for many and make it easier for law graduates to purse lower-paying public … [Read more...] about Stanford Law to offer ‘income share’ financing as law school costs soar
Written by: Alexis Gravely Published by: Inside Higher Ed MBA News Digest Comment: None. Extracted Content: The Office of Federal Student Aid at the Department of Education has updated two of its quarterly portfolio reports with new figures on student loans, showing that the federal student aid portfolio has increased by $49 billion since this time last year. The outstanding federal student … [Read more...] about Department of Education Releases Updated Student Aid Data
Written by: Josh Mitchell Published by: The Wall Street Journal MBA News Digest Comment: Is anyone asking what happens to graduate student applications and enrollments if a large number of these students default? Extracted Content: In 2018, Betsy DeVos, then U.S. education secretary, called JPMorgan Chase & Co. Chief Executive Jamie Dimon for help. Repayments on federal student loans had … [Read more...] about Is the U.S. Student Loan Program Facing a $500 Billion Hole? One Banker Thinks So.
Written by: Tim Newcomb Published by: T74 MBA News Digest Comment: None. Extracted Content: To make higher education more affordable and accessible, Purdue University has taken such steps as to freeze tuition, offer liberal arts degrees in three years instead of four, reduce dorm costs and create a unique partnership with Amazon to reduce textbook fees. But the university also pioneered a fresh … [Read more...] about With Income Share Agreements Instead of Student Loans, Purdue University Pioneered Program That ‘Makes School Available to Those Who Want to Come’
Written by: Anne Tergesen Published by: The Wall Street Journal MBA News Digest Comment: None. Extracted Content: Many workers with student loans postpone saving for retirement. Now, a handful of companies are trying to prevent them from falling behind on retirement savings by matching their student-loan repayments with contributions to a 401(k) plan. In recent months, companies … [Read more...] about Employers Try a New Perk: Matching Student Loan Payments With 401(k) Contributions
Content written by Cheryl Munk and published by The Wall Street Journal. MBA News Digest Comment: This may be worth sharing with applicants. The article is US Centric. Extracted Content: Many students seeking graduate degrees need help footing the bill. But they often don’t know where to turn. Here, then, is a look at a range of funding options for students planning to go to graduate … [Read more...] about Five Ways to Pay for Grad School