Student Loans

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Ohio's attorney general says a new advisory group will review the debt-collection practices for unpaid student loans at public colleges and universities in the state.

Attorney General Mike DeWine says the state has an obligation to collect such debt, and the goal is to ensure that Ohio's practices are fair, transparent and thorough.

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Ohio's higher education leader says Governor John Kasich's administration will seek in its upcoming budget to expand partnerships that allow students to take three of four years of their bachelor's degree coursework at a community college.

Chancellor John Carey said Monday expanding "3-plus-1" programs between two- and four-year institutions would continue to reduce Ohio college costs. Kasich's midterm budget also calls for up to 10 bachelor's degrees to be offered through community colleges.

College students from around the state are telling Senators at the Statehouse to put more need based funding for students in their upcoming budget proposal.

Just a few days ago, Rachael Collyer graduated from Ohio State University.  And now, when many students are thinking about their future, she’s worried about paying off about $27,000 in student loans. She wants state lawmakers to provide some debt relief for students like her in the upcoming state budget.

Fitzgerald Campaign Targets Student Debt

Jun 19, 2014

Democratic candidate for Lieutenant Governor Sharen Neuhardt is speaking at Sinclair Community College Thursday afternoon about Ed Fitzgerald’s platform on higher education. Neuhardt says if Fitzgerald is elected governor, he will establish a fund that helps Ohio students begin saving for college in kindergarten. Fitzgerald, currently the Cuyahoga County Executive, launched a program last month that starts a college savings account for every Cuyahoga County kindergartner.

Got Debt? Ohio College Students Are Banking On It

Dec 2, 2013
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College applications deadlines are approaching, and Ohio students are facing the daunting question of how to fund their education. Financial aid is down in the state, and student debt is up.

The total budget for need-based aid in the state of Ohio peaked in 2008 at $183 million, while the 2013 budget is just $86 million. Budget cuts in 2009 are responsible for a lot of that change, and while federal Pell Grant funding has increased dramatically, that growth has been outpaced by increases in tuition and living costs.

Senator Brown Says More Help Needed For Students

Jul 26, 2013

The Senate passed a bill this week that will lower student loan interest rates, at least for the few years. Ohio Senator Sherrod Brown isn’t happy with the legislation and as Emily McCord reports, he says there's still more work to do to help students.

Senators Work To Forge A Compromise On College Loans

Jun 24, 2013

College and university officials, and many students and parents are watching closely to see whether Congress takes action this week on federally subsidized college loans. The interest rate on subsidized Stafford loans is set to double when the current rate of 3.4 percent sunsets on July 1st.