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September 16, 2024
A Pyrrhic Victory Against Student Loan Default
The Congressional Budget Office (CBO) has published a new report on federal student loan repayment, and the picture isn’t pretty. Six years after first entering repayment on their loans, over half of borrowers owe more than they did when they started repayment. This disappointing fact is partially the result of a program that, ironically, was meant to…
September 11, 2024
After Decades of Competitive Admissions, Getting into College Has Finally Become Easier
High school seniors fretting over whether they’ll receive a college acceptance letter can sleep a little easier. College admissions rates, which had been declining for decades, are now on the upswing. Indeed, most colleges now accept a greater share of their applicants today than they did twenty years ago. Until recently, rising admissions rates were far…