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Student Debt

All articles tagged with #student debt

UK's top graduate laments broken job market after 500 applications
lifestyle1 month ago

UK's top graduate laments broken job market after 500 applications

A 21-year-old Kingston University digital media tech graduate, Khaled Sharif, who spent about $125,000 on his degree, says the UK job market is broken after applying to 500 roles since 2025 and getting fewer than 20 interviews with no offers. He broadened his search to sales and other fields he didn’t want, but results remained elusive; he’s considering Tesco part-time work or returning to Qatar, and has started a clothing brand Zoqué to combine his interests in fashion and photography, illustrating the high cost of degrees and the hiring squeeze driven by AI and cost pressures.

137K Private Student Loans Spotlight Risk as Federal Reform Looms
business1 month ago

137K Private Student Loans Spotlight Risk as Federal Reform Looms

A borrower with $137,000 in private student loans, who has paid about $200,000 over the years, struggles to secure relief after job loss. The piece highlights how high interest, capitalization, and limited relief options in private lending may worsen debt as Trump-era repayment changes are set to push more federal borrowers toward private lenders.

Gen Z Graduates Confront Job Market Challenges Amid AI and Scams
economy10 months ago

Gen Z Graduates Confront Job Market Challenges Amid AI and Scams

Recent Gen Z graduates face a divided job market, with those who graduated during the peak hiring years of 2021-2022 benefiting from low unemployment and good career progress, while newer graduates are struggling with higher unemployment, difficulty finding jobs, and financial hurdles like student debt and rising home prices, highlighting how graduation timing significantly influences long-term economic prospects.

UT System Offers Free Tuition for Families Earning Under $100K
education1 year ago

UT System Offers Free Tuition for Families Earning Under $100K

The University of Texas System will expand its free tuition program to cover families earning $100,000 or less annually, starting in fall 2025. This initiative, part of the Promise Plus program, aims to reduce student debt and increase access to higher education across its nine universities and five health institutions. The expansion follows a successful endowment program at UT Austin and reflects a broader trend in American higher education, with institutions like MIT also eliminating tuition for lower-income families.

UT System Offers Free Tuition for Families Earning Under $100K
education1 year ago

UT System Offers Free Tuition for Families Earning Under $100K

The University of Texas System is expanding its free tuition program to cover all undergraduate students whose families earn $100,000 or less, starting next fall. This expansion, pending final approval, will be funded by a $35 million allocation and aims to make college more affordable and reduce student debt. The initiative builds on previous efforts, such as the Promise Plus Program, to increase access to higher education for low-income students across the UT system's nine universities.