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Newsweek
The Archives
China’s Giant Bet on Blockchain • Beijing’s expected launch of a digital yuan next year is part of a bigger plan to take a global lead in the future of the internet
The Learning Recovery • Secretary of Education Miguel Cardona talks about what schools will need to bounce back from the pandemic
The Parent Trap • Soaring default rates. Mega-sized loans. No relief in sight. An exclusive Newsweek analysis reveals young people aren’t the only ones staggering under the heavy weight of STUDENT DEBT
Loans for Those Who Can Least Afford Them • Nearly four in 10 parents who borrow through the federal PLUS loan program are from low-income households—and the numbers are even higher for families of color.
How to Borrow Smarter • Need a loan to pay for your child’s college education? These 10 TIPS will help make the costs manageable
The 25 Schools with the Highest Parent Default Rates • Despite having comparatively modest loans, parents struggle the most to make payments at these schools, where the majority of students come from lower-income households. Borrowing is often a bad bargain for these families: Graduation rates are below the national average rate of 63 percent at nearly three quarters of the schools, more than half of which are for-profit institutions.
The 25 Schools Where Parents Borrow the Most • Although the amounts typically borrowed at these schools are staggering, most parents manage to keep up with payments; the combined default and delinquency rate for all but two of these institutions is at or below the 9 percent national average for our database. There’s a clear payoff, too: Graduation rates at most of these colleges are above the national average of 63 percent.
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Morgan Nevillle