Spend summer break working on your U.S. college campus or taking a course.

“Although levels of household debt have steadily receded in the U.S. since the housing bubble burst, Americans are conspicuously falling behind in one area — student loans,” CBS MoneyWatch reports.

“A recent report from the Federal Reserve Bank of New York breaks down how student loan debt is spread out across the country via a series of graphs and maps. Unfortunately for D.C. residents, the District is home to the largest collection of student l…

As many students are packing up to head home for summer vacation, others are just beginning to buy their books and prepare themselves for summer classes. For financial aid offices around the country, summer sessions can bring a whole new set of issues …

“In an abrupt reversal, the U.S. Department of Education has said it will reinstate the eligibility of foreign colleges, seminaries, and arts schools to participate in the federal student-loan program,” The Chronicle of Higher Education reports.

On May 16, The Department of Education (ED) published in the Federal Register interim final rules implementing the new limit on subsidized loan eligibility imposed by P.L. 112-141. Effective July 1, 2013, the law limits the benefits of the Direct Lo…

“Here’s an indication of how burdensome student loans have become : About one-third of millennials say they would have been better off working, instead of going to college and paying tuition,” Forbes reports.

“The House is expected to vote Thursday on a Republican-sponsored bill that would tie the interest rate on new federally guaranteed college loans to a market-based rate,” The Stamford Advocate reports. NASFAA President Justin Draeger “opposes a tempora…

“In the federal government’s annual status report on U.S. education outcomes, researchers affiliated with the National Center for Education Statistics (NCES) have put a special emphasis on higher education and employment and on the growth of federal …

“Since the Education Department changed its underwriting standards for loans to students’ parents in 2011, 400,000 parents have been denied the loans. The denials have fallen disproportionately on historically black colleges and universities, whose l…

“An emerging problem is being uncovered, involving people taking out federal school loans with no intention of ever paying them back, and no intention of getting an education. NBC4 has discovered that some people are borrowing education dollars to fu…

“In June, high school seniors across Massachusetts will pull on their graduation robes and take pictures with proud parents, celebrating the end of high school and looking forward to a new beginning in college. But on July 1, they will get an unpleasan…

“The student loan interest rate debate will come to a head early this summer as the 3.4 percent interest rate on Subsidized Stafford student loans nears its July 1 expiration. When that deadline hits, the rate will revert to 6.8 percent, the rate curre…

“The Association of Private Sector Colleges and Universities said on Wednesday it had received word that the U.S. Department of Education has elected not to appeal a federal judge’s decision last year that blocked key parts of the agency’s controve…

The Smarter Solutions for Student Act (H.R. 1911), the House Republican proposed solution to student loan interest rates, will be voted on this afternoon by the full House of Representatives and is causing warring statements between President Obama and…