New York state announces plan for board to help cash-strapped cities
State lawmakers on Tuesday announced plans to create a financial restructuring board and binding arbitration process to help struggling municipalities.
Legal services group sets sights on ‘fraudulent’ for-profit colleges
Rita Valladares bounced her toddler son in her lap and gestured at a piece of paper that had her name [...]
Grad school in a van to live debt-free
Ken Ilgunas lived in a van during grad school to graduate debt-free.
Poll: Recent U.S. college graduates disillusioned, underemployed
More than 40 percent of recent U.S. college graduates are underemployed or need more training to get on a career track, a poll released on Tuesday showed.
N.Y.’s Suffolk County accidentally defaults on debt
As if Suffolk County, home of the Hamptons and playground of the rich and famous on New York’s Long Island, [...]
Occupy Boston to tackle student debt bubble in Cambridge
Occupy Boston Strike Debt are planning a “serious discussion and strategic resistance” around the growing student debt bubble.
Atlantic City casino Revel files for bankruptcy (UPDATED)
Atlantic City’s Revel Casino yesterday filed for Chapter 11 protection in U.S. Bankruptcy Court, fulfilling a financial restructuring agreement announced [...]
Obama urges end to political name-calling as second term starts
President Barack Obama urged Americans on Monday to reject political
“absolutism” and partisan rancor as he kicked off his second term with a
call for national unity.
Obama to deliver state of the union speech February 12
President Barack Obama will deliver his annual state of the union speech
to Congress on February 12, just days before the Treasury could run out
of funds to pay government bills.
Mentors and budget travel this week on EducationOption
Check out EducationOption for this week’s top stories on higher education….