If you’ve been following the recent news, you may have heard that the University of Chicago is making the SAT and ACT optional. They will not be required to be submitted along with your application. Here’s what that means for you: Not the First The University of Chicago is not the first college or university …
Jeff Bezos Donates $33 Million in Scholarships to DACA Students
1/28/18 The DACA has been in the news lately due to the discontinuation of the program, but one thing you may have missed is Amazon founder Jeff Bezos’s generous donation to DACA students who are DREAMers. Here’s what you need to know about the DACA, the scholarship, Jeff Bezos, and the donation. What was the …
Secretary Betsy DeVos’ Changes for Student Loans
8/14/17 On the seventh of February, 2017, history was made on the floor of the US Senate. With the vote deadlocked at 50-50, Vice President Mike Pence cast his tie breaking vote, confirming Betsy DeVos as Secretary of Education via a 51-50 vote. This was the first time in our nation’s history that the vice …
Check Out College Raptor’s Brand New Student Loan Finder!
College Raptor is all about bringing transparency to college financing. While pursuing scholarships, grants, work-study programs, and other sources of gift-aid is the ideal way to pay for college, many students will still have to turn to student loans. That’s why we’ve created a brand new Student Loan Finder feature, so students and their families …
Increased Federal Student Loan Interest Rates: What it Means for Student Borrowers
6/20/2017 In May, Congress announced that the federal student loan interest rates would be increasing. Starting effective July 1st, 2017 the rate for Direct Subsidized Loans and Direct Unsubsidized Loans for undergraduate students will rise to 4.45%. For graduate students, the increase is going up to 6%. What it Means for Borrowers Starting July 1st, …
University of Michigan Offers Free Tuition to Students Who Meet Criteria
The University of Michigan is making a bold move and offering free tuition to undergraduate students who are residents and whose families make less than $65,000 annually. By doing this, Michigan will be more accessible to students who work hard but previously did not have the means needed to afford college. Michigan is showing it’s …
What Happened with Harvard’s Rescinded Admissions
You may have seen in the news lately that Harvard University recently rescinded their offer of admission to at least ten incoming students. These students were sharing memes filled with hateful and inappropriate rhetoric via social media. The fact of the matter is, even after you are accepted into a college, that offer can still …
How Trump’s Proposed Budget Would Change Income-Driven Student Loan Repayment Plans
6/1/2017 The president’s administration recently released his proposed education budget plans, and though Congress has yet to accept or deny the proposal, people on all sides are talking about the implications of the plan. In addition to the proposed elimination of the Public Student Loan Forgiveness programs (PSLF), the budget also calls for raising the …
What Trump’s New Budget Proposal Might Mean for the Public Student Loan Forgiveness Programs
5/25/2017 The Trump administration’s recently revealed education budget has certainly stirred up conversations on all sides. Among the many proposed cuts and program adjustments is the Public Student Loan Forgiveness program. What is the Public Student Loan Forgiveness Program? The PSLF, introduced in 2007, is a federal program that forgives the federal loan debts of …
Rapper Nicki Minaj Offers to Pay the College Fees of Several Straight-A Twitter Followers
It pays to have A’s. On Saturday May 6th, Nicki Minaj replied to a tweet one fan sent her, asking the rapper for financial assistance when it came to their college education. Minaj replied: The reply opened the floodgates as thousands of Minaj’s followers asked for help, showing the singer their impressive 4.0s in the …