college costs

A Senate committee approved a bill Thursday that will allow a panel to be created for the purpose of studying college affordability.

A few months into their first year at college, a number of freshmen are learning they weren't properly prepared to take on the financial responsibility that comes with independence.

Living on campus has become an unrealistic option for many college students across the nation as the economy continues its slow crawl out of the recession.

The government's consumer advocate says more than 33 million workers qualify to have their student loans forgiven because they work at schools and hospitals, in military and police uniforms. But the Consumer Financial Protection Bureau says the system is overly complicated and often confusing.

Legislation set to be introduced soon would eliminate tuition and fees at New Jersey colleges, and instead allow students to payback their school with a portion of their salary after graduating.

Senate Democrats on Wednesday failed to restore lower interest rates on student loans, again coming up short and perhaps signaling that undergraduates might really face rates twice as high as the ones they enjoyed last year.

Many Garden State high school seniors have recently made their decisions on where to attend college next fall. To help them, Department of Banking and Insurance (DOBI) Commissioner Ken Kobylowski is offering advice to new and returning higher education students and their parents to help them make smart financial decisions.

Interest rates on government-subsidized Stafford loans could increase from 3.4 to 6.8 percent this summer, unless Congress acts to stop the change.

Increased funding cuts could make it more challenging for Garden State parents to send their children to college.

This is the fifth and final segment of a week-long series on higher education costs in New Jersey. Read the entire series here.