Higher Education News

Former Moonwalker Pushes Colonization of Mars From Florida Tech

Chronicle of Higher Education - May 1, 2016 - 4:00pm
Buzz Aldrin, who is 86, advises a center run by his son that is bent on figuring out how to get people settled on a neighboring planet.
Categories: Higher Education News

Deadlines (5/6/2016)

Chronicle of Higher Education - May 1, 2016 - 3:00pm
Compiled by Anais Strickland
Categories: Higher Education News

Appointments, Resignations, Deaths (5/6/2016)

Chronicle of Higher Education - May 1, 2016 - 3:00pm
Compiled by Anais Strickland
Categories: Higher Education News

The Week: What You Need to Know About the Past 7 Days

Chronicle of Higher Education - May 1, 2016 - 5:00am
"Serious and troubling questions" land the University of California at Davis chancellor on administrative leave; a third of financial aid at top public institutions goes to students who don't need it; and more news from this week.
Categories: Higher Education News

Chicago State U. Lays Off One-Third of Staff

Chronicle of Higher Education - April 30, 2016 - 11:03am
Emergency state funding approved last week did not avert layoffs at the institution, which let go more than 300 employees, but no faculty members — for now.
Categories: Higher Education News

U.S. Publishes Details on Religious Colleges Seeking Title IX Waivers

Chronicle of Higher Education - April 29, 2016 - 4:18pm
The Education Department's move followed calls from activists who have accused the colleges of pursuing such exemptions in order to discriminate against gay, lesbian, and transgender students.
Categories: Higher Education News

College Chief Apologizes After Controversy Over Student's Research Poster

Chronicle of Higher Education - April 29, 2016 - 3:51pm
The University of Maryland-Baltimore County's president affirmed its commitment to academic freedom after a poster showing the female reproductive anatomy was moved.
Categories: Higher Education News

Sponsored: 64% off Code Black Drone with HD Camera

WICHE in the News - April 29, 2016 - 2:32pm
Our #1 Best-Selling Drone--Meet the Dark Night of the Sky!
Categories: Higher Education News

5 Must DOs Before Repaying Your Student Loans

U.S. Department of Education Blog - April 29, 2016 - 12:34pm

Almost time to start paying back your student loans?  Contrary to popular belief, your student loan payments don’t have to stop you from living your life. You just have to weigh your options and find a strategy that works within your budget. Here are some steps to get you started.

1. Compare monthly payment amounts

The amount you pay each month toward your student loans will depend on the repayment plan you choose. If you take no action, you will be automatically enrolled in the 10-year Standard Repayment Plan. If you don’t think you can afford that amount or you want a lower monthly payment, consider switching to an income-driven repayment plan, where your monthly payment could be as low as $0 per month. Just know that when you make payments based on your income your monthly payment amount may be lower, but you will likely pay more in total over a longer period of time.

Use our repayment calculator to compare the different repayment options.

TIP: If you’re interested in the Public Service Loan Forgiveness Program, you should apply for an income-driven repayment plan and submit an Employment Certification Form.

2. Decide whether to consolidate

If you borrowed federal student loans before 2011, you may need to consolidate any FFEL loans into the Direct Loan program before you can qualify for the better income-driven repayment plans or Public Service Loan Forgiveness. You may also want to consolidate if you have multiple loans and/or servicers and want a single monthly payment. The application takes about 10 minutes.

3. Choose an affordable repayment plan

If you decide to consolidate, you will choose a repayment plan from within the consolidation application. If you’d like to choose an income-driven plan, choose the Pay As You Earn Plan. It’s the best plan available, and if you don’t qualify for it, your servicer will put you on the next best income-driven repayment plan.

If you aren’t going to consolidate and you’d like to enroll in one of the income-driven repayment plans, learn how to choose the right income-driven repayment plan and apply here. The application takes about 10 minutes.

If you’re interested in a plan other than the standard or one of the income-driven plans, contact your servicer to ask how to enroll.

 4. Set up your payments

You will never pay the U.S. Department of Education directly. In most cases, federal student loan borrowers will make payments to one of our loan servicers. Loan servicers work on behalf of the U.S. Department of Education to collect your payments and provide customer service. If you don’t know who your loan servicer is, find out here.

Your loan servicer will contact to let you know when your first payment is due and how to make a payment, so it’s very important that you provide your servicer with updated contact information.

TIP: To simplify the repayment process, consider enrolling in auto debit and your payments will be automatically taken from your bank account each month. As an added bonus, you get a 0.25% interest rate deduction when you enroll. Ask your servicer how to enroll.

5. Know who to contact if you need help with your student loans

Beware of student loan scams.  You never have to pay for help with your student loans. As you’re researching repayment and forgiveness options, make sure you’re getting information from trusted sources, like .gov websites or your servicer’s website. The government and your servicer will never charge application or maintenance fees, so if you’re asked to pay, walk away.

If you have questions or need help, contact your servicer.

TIP: Save your servicer’s contact information in your phone so you can access it when you need to.

Nicole Callahan is a Digital Engagement Strategist at the U.S. Department of Education’s office of Federal Student Aid.

Image by Getty Images

Categories: Higher Education News

U. of New Hampshire Concedes It Shouldn't Have Bought $17,000 Table

Chronicle of Higher Education - April 29, 2016 - 12:09pm
The piece, which is worth roughly a year's in-state tuition, features a flashing LED display and was purchased to demonstrate healthy-cooking tips to students.
Categories: Higher Education News

U. of Louisville Will Remove Monument to Confederate Soldiers

Chronicle of Higher Education - April 29, 2016 - 10:09am
The university's president, James R. Ramsey, said the plan was one recommendation of the campus's diversity committee.
Categories: Higher Education News

U. of Akron Ends Partnership Talks With For-Profit ITT

Chronicle of Higher Education - April 29, 2016 - 9:36am
The university's president, Scott L. Scarborough, wrote in an email that he would "continue to search for appropriate ways to strengthen" Akron.
Categories: Higher Education News

George Mason’s Plans to Honor Scalia Spark Protests Over the University’s Direction

Chronicle of Higher Education - April 29, 2016 - 2:56am
Critics of an agreement to rename the Virginia institution's law school after the late Supreme Court justice see the move as evidence that the university is being steered rightward by big donors like the Charles Koch Foundation.
Categories: Higher Education News

How Colleges Are Turning Their Racist Pasts Into Teaching Opportunities

Chronicle of Higher Education - April 29, 2016 - 2:55am
In keeping John C. Calhoun’s name on a college, Yale University says it welcomes the chance to teach American history. Here’s how that has worked out on three other campuses.
Categories: Higher Education News

In Fight Over UC-Davis Chancellor’s Future, Where Does the Faculty Stand?

Chronicle of Higher Education - April 29, 2016 - 2:55am
Despite her mounting controversies, many faculty members say Linda P.B. Katehi should stay on as the campus leader, while others are using the opportunity to voice different concerns.
Categories: Higher Education News

Students Vent Frustrations as Yale Leaves a Slavery Champion’s Name Intact

Chronicle of Higher Education - April 29, 2016 - 2:55am
The decision to retain the name of Calhoun College has touched off a passionate reaction at a university that has faced months of racial unrest.
Categories: Higher Education News

Budget Cuts Prompt U. of North Dakota to Eliminate More Than 100 Positions

Chronicle of Higher Education - April 28, 2016 - 2:54pm
Among the positions to be lost are 51 on the faculty.
Categories: Higher Education News

Duke University's President Will Step Down in 2017

Chronicle of Higher Education - April 28, 2016 - 2:06pm
Richard Brodhead has been at the helm for 12 years, perhaps most notably during the lacrosse scandal in 2006.
Categories: Higher Education News

Middle Tenn. State President Wants to Strip Confederate General's Name From Building

Chronicle of Higher Education - April 28, 2016 - 11:18am
Forrest Hall, an ROTC building that honors Nathan Bedford Forrest, who was an early leader of the Ku Klux Klan, may have a new name soon.
Categories: Higher Education News

U. of Utah Plays Down Honorary-Degree Recipient's Role in 'Hate Groups'

Chronicle of Higher Education - April 28, 2016 - 10:52am
The philanthropist Lynette Nielsen Gay has worked with groups that oppose LGBT rights, and a university spokeswoman said they do not reflect the campus's values.
Categories: Higher Education News

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