Student loans: Will Congress's remedy favor middle class over poor?

Student loans subsidized by the federal government will become more expensive soon unless Congress acts to keep interest rates low. But Pell grants, which benefit low-income students, also face cuts, analysts note.

Fund Pell Grants instead

In July, the interest rate on certain federal student loans will double, to 6.8 percent. Who could want that? Not President Obama or Mitt Romney, both of whom railed against the scheduled increase last week.

Canceling Summer Pell Grant shows urgent need for federal aid

With the cost of tuition increasing, it comes as no surprise that more and more students are in need of financial assistance to achieve their educational goals. With the cancellation of the Federal Su

Financial assistance available for college students

BY DEANNAMcLAFFERTY Staff Writer SOUTH BRUNSWICK — The transition from high school to college can be a difficult one, not only for students but their families as well. In an effort to ease the adjustment, Rep. Rush Holt (D-12th District) hosted a student aid workshop at the South Brunswick Public Library on April 30. read more

Is college still worth the student loans?

As the years tick by, college is becoming increasingly unaffordable. Financial aid information site Finaid.org reports that the average college tuition is rising at nearly three times the rate of inflation. However, the percentage of college costs that federal Pell grants cover is diminishing.