student debt

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The Trump administration reversed previous guidance on the Federal Family Education Loan Program (FFELP) last Thursday.

The Obama administration put forth the guidance and stopped guarantor agencies from charging high fees on loan payments for students.

Students had to enter into a rehabilitation payment program within two months of defaulting on their loan to not be charged fees. According to the U.S. Department of Education, more than four million people who have FFELP loans are currently in default.

Kristofor Husted / Harvest Public Media

Liz Graznak runs an organic farm near Jamestown, Missouri, which she calls Happy Hollow Farm. She sells her vegetables to local restaurants, in CSA boxes and at the farmer’s market.  But eight years ago, after falling in love with the idea of growing her own local produce, the farm she runs today looked like a near-impossible dream.

While on track to earn a PhD in plant breeding, Graznak bought her first box of produce from a nearby farmer. Soon after, she decided then that instead of studying plants, she wanted to grow them. Easier said than done, though.

Business Beat: Navigating Student Debt as a College Graduate

Apr 20, 2016
Paul Ritz / YouTube

Graduation season is upon us, which means that college graduates across the nation will have to confront the realities of adulthood. Aside from finding careers and gaining overall independence, there’s another huge responsibility that’s facing millions of grads—handling student loan debt. Kara Tabor and Bita Eghbali of the Three Broke Mice podcast chat with Teddy Nykiel of NerdWallet.com about how young adults can overcome the debt hurdle.  

Ryan Levi / KBIA

Americans owe more than $1.3 trillion in student debt, according to the Federal Reserve.

While much of this debt is owed to the federal government or private companies, State Representative Kip Kendrick (Columbia-D) said he has spent the last six months trying to figure out what can be done on the state level to provide Missouri borrowers with relief.

Look closely.

Buried deep in President Obama's 2016 budget (Page 41) is a proposal to cut up to 30 questions from the Free Application for Federal Student Aid, or FAFSA.

The Obama administration has already done a lot to make the FAFSA easier — if not shorter. Online technology now allows students to skip questions that don't apply to them.

Simon Cunningham/Flickr

There's a problem few are talking about when it comes to student debt. While the topic of undergrads taking out steep loans to pay for tuition costs often grabs the most attention, grad students face interest rates that are more than one third higher. But a group of students at the University of Missouri is trying to change that. Missouri Business Alert's Tatiana Darie spoke with the students of Grads Have Debt 2 about their efforts to achieve reform.