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THE AVERAGE MONTHLY student-loan debt payment in Rhode Island is $217.74, according to a study by LendEdu. / PBN FILE PHOTO/CHRIS BERGENHEIM

LendEdu: Average student-loan debt, payments in R.I., Mass. among highest in...

PROVIDENCE – If you have student-loan debt in Rhode Island and Massachusetts, your monthly payments are likely to be among the highest in the...
RHODE ISLAND had the fourth-lowest student loan default rate in the nation in fiscal year 2016. / BLOOMBERG FILE PHOTO/MICHAEL OKONIEWSKI

Report: R.I. student loan default rate ranks No. 4 lowest in...

PROVIDENCE – Rhode Island had the fourth-lowest student loan default rate in the United States at 6.29% in fiscal year 2016, according to a...
ACCORDING TO a recent survey of bankruptcy filers, 32% had student debt. On average, those who had student debt said that that debt comprised nearly half of their total debt. / BLOOMBERG FILE PHOTO/MICHAEL OKONIEWSKI

Survey of bankruptcy filers shows 32% had student debt

PROVIDENCE – A report from LendEdu said that a recent survey of low-income individuals who filed for Chapter 7 bankruptcy showed that 32% carried...
RHODE ISLAND INSTITUTIONS had the second-highest average student debt per borrower, according to a report from Lendedu.com.

Report: R.I. has 2nd-highest average student debt in U.S. in 2017

PROVIDENCE – The average student loan debt per borrower who graduated from a Rhode Island college or university in 2017 was $35,371, the second-highest...
HELPING HAND: The state recently announced the fourth round of recipients of Wavemaker Fellowships, which help STEM and design professionals defray student-loan debt.

Got student debt? Commerce RI accepting new applications for Wavemaker Fellowship

PROVIDENCE – The state’s Wavemaker Fellowship program that provides recent college graduates working in science, technology, engineering and mathematics fields with student-loan reimbursement is...

Cheaper college better than free

One of independent Vermont Sen. Bernie Sanders’ tentpole ideas as a presidential candidate is the promise of a free college education for all Americans....
A ROUGHLY 20 percent of the decline in homeownership among young adults can be attributed to that increase in student loan debt, according to a new report from the Federal Reserve. / BLOOMBERG NEWS FILE PHOTO/SCOTT MCINTYRE

Student debt is a driver of low millennial homeownership rates

NEW YORK - American homeownership has been on the decline, and Federal Reserve researchers point to the high cost of college as one culprit. Just...
OUTSTANDING STUDENT loan debt in the U.S. increased by $37 billion in the third quarter and stood at $1.44 trillion at the end of September. / BLOOMBERG NEWS

Student debt onus in U.S. approaching $1.5T

NEW YORK - Outstanding student loan debt increased by $37 billion in the third quarter and stood at $1.44 trillion as of September 30,...

Report: R.I. 529 plans rank well nationally

PROVIDENCE – The Rhode Island 529 education savings plan, CollegeBound Saver, was rated as one of the best 529 education savings plans in the...
ACCORDING TO a new HSBC survey, United States students spend an average of 4.2 hours a day working paid jobs, which is more than double the time they spend in the library, nearly two hours more than they spend in class and 1.4 hours more time than they spend studying at home. / BLOOMBERG NEWS

U.S. students spend more time working paid jobs than going to...

NEW YORK - Haunted by costly degrees and insurmountable student debt, American college students now spend more time working paid jobs than in lectures, the library...
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