ITT stops all new student enrollment

Here is the latest Education News from CNN Money.

ITT stops all new student enrollment
Following an order from the Department of Education to stop admitting students on federal financial aid, the for-profit technical school has stopped enrolling new students.

NJ student loan bills keep coming, sometimes after death
What happens to your student debt when you die? Loans from the New Jersey loan program may live on, if you have a cosigner — but lawmakers want to change that.

Wells Fargo to pay $4 million for illegal student loan fees
Wells Fargo charged some student borrowers illegal fees, according to the Consumer Financial Protection Bureau. Affected customers will receive refunds.

Mike Pence borrowed upwards of $280,000 to pay for college
The Republican vice presidential candidate has three kids and between $95,000 and $280,000 in Parent PLUS Loans.

Grads from these colleges have the most debt
About 60% of the Class of 2015 graduated with student debt. On average, they left with $28,400 in student loans — but at these colleges, it was a lot more.

Don’t be fooled by student debt relief scams
You never have to pay for student loan help. If you’re eligible, your government loan servicing company will offer you lower monthly payments or debt forgiveness of your federal student loans for free.

Would you get free tuition under Hillary Clinton?
The rich would still have to pay, but low- and middle-income students would get free tuition at in-state public colleges under Clinton’s plan.

Is the government making money off your student loans?
Hillary Clinton says she’d cut interest rates so that the ‘government never profits from college student loans.’ But will that really help graduates pay down their debt?

Have Amazon Prime? You could save on your student loans
A discount on a student loan from Wells Fargo is now yet another perk Amazon offers its Prime customers.

This lender offers free drinks, yoga, and matchmaking with its loans
Are you looking for more from you bank? 150,000 Millennials are getting free happy hours, yoga classes, career coaching — and maybe even their next date — from lender SoFi.

Would you get free tuition under Hillary Clinton?
The rich would still have to pay, but low- and middle-income students would get free tuition at in-state public colleges under Clinton’s plan.

College job hunt gets tougher as campus interviews fade
Recruitment experts say college grads are faced with a challenging job market as fewer companies are making on-campus visits.

Student loan interest rates are going down
The interest rate on federal student loans for undergraduate students will fall to 3.76% this year from 4.29%.

4 steps to paying off $100,000 in student loans
Struggling to pay off your student loans? Here are four steps to making it quicker and easier — from someone who’s paid down $100,000.

Britain’s divorce from EU could stiff students and colleges
British universities are working to calm frayed nerves among students and staff as they face extreme uncertainty about their post-Brexit future.

Get cash back for your student loans
Struggling to pay down your student loans? This new debit card can help.

The growing student debt crisis at community colleges
While plenty of community college students graduate with a degree that leads to a better job or to a four-year college, many community college students drop out. And a growing number of students are taking on debt they cannot repay.

College enrollment is dropping. Bad sign?
College enrollment in the U.S. peaked in 2010. It’s fallen by 812,069 students since. CNNMoney looks into who isn’t in college anymore.

The one graduation speech you should watch
Beyond the famous graduation speeches, take a minute to watch the one by Richard and Mary Templeton about how to rebuild your life after tragedy.

Could this simple solution solve the student loan crisis?
What if lowering student debt was as easy as sending students a letter?

How I graduated from college debt-free
When so many families are stuck having to borrow money to send their kids to college, these middle class students were able to graduate debt-free.

How young millionaires invest their money
The overwhelming majority of young, wealthy millennials believe that impact investing is important to their decisions, according to a new survey.

Is it ever too early to start saving for college?
Millennial parents know what it’s like to be saddled with student loan debt, which is why many are looking to get a head start on saving for their kid’s education costs.

Jamie Dimon: This is the ‘biggest disgrace’ in America
Read full story for latest details.

What college didn’t teach you about money
College probably didn’t teach you about a 401(k) or how to pay off student loans. Here’s what you need to know about money to get through your first year in the real world.

Where parents pay the most for college (Hint: it’s not the U.S.)
American parents say they’re spending $14,678 to send their kids to college, double the world average. But more American students are helping fund the cost than almost anywhere else.

I grew up in poverty and I’m graduating from Stanford
Getting in and paying tuition is just half the battle for low-income, first generation students.