Skip to Main Content

Northern Star

 

Advertisement

 

 
Northern Star

Northern Illinois University’s student media since 1899

 

Ensure student journalism survives. Donate today.

The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

A graphic shows The Illinois Department of Financial and Professional Regulation logo, a scammer, a loan and students. The Illinois Department of Financial and Professional Regulation, Division of Banking and the Illinois Attorney General issued a warning on Thursday to inform students of student loan scams. (Tim Dodge | Northern Star)

Beware of new scam targeting student loan borrowers

By Devin Oommen, News Reporter | October 3, 2024

DeKALB – A new student loan scam seeks to take advantage of student loan borrowers. The Illinois Department of Financial and Professional Regulation, Division of Banking and the Illinois Attorney General issued a warning to inform students of student...

The Supreme Court building in Washington D.C. sits outside on a sunny day. On Aug. 28, the United States Supreme Court rejected the Biden administration's new SAVE plan for students who borrowed loans through the Direct Loan Program. (Getty Images)

Supreme Court rejects Biden’s student debt plan

By Austin Lamb, Senior News Reporter | September 11, 2024

DeKALB – On Aug. 28 the United States Supreme Court rejected the Biden administration’s new Saving on a Valuable Education (SAVE) plan, affecting the more than eight million people already enrolled in the program. The SAVE plan sought to lower...

A figure sinks down into colored layers of green and blue. Public perception of student loans can be harmful, often ignoring the possibility of "drowning in debt." (Gabriel Fiorini | Northern Star)

Editorial: Student loans create possibility, not affordability

By The Northern Star Editorial Board | March 24, 2024

Student loans do not make things affordable. In fact, after interest accrues, they do the exact opposite. That’s not to say they aren’t a good resource for students otherwise unable to afford college, but student loans have been over-normalized as...

President Joe Biden speaks about student loan debt forgiveness in the Roosevelt Room of the White House, Wednesday, Aug. 24, 2022, in Washington.

Opinion: Biden’s Student Loan Forgiveness is a step in the right direction

By Angelina Padilla-Tompkins, Former Editor in Chief | September 10, 2022

Student loan forgiveness was a big part of President Joe Biden’s presidential campaign throughout 2020 and he is finally fulfilling his promise.  Biden announced his official plan on Aug. 21 to forgive a decent portion of student debt. Students...

President Joe Biden speaks about student loan debt forgiveness in the Roosevelt Room of the White House, Wednesday, Aug. 24, 2022, in Washington.

Opinion: Biden’s Student Loan Forgiveness is a step in the wrong direction

By Philip Arduini, Opinion Columnist | September 10, 2022

Biden’s student loan forgiveness plan is a step in the wrong direction, despite its short term effects. On Aug. 24, President Joe Biden announced his plan to combat the high costs of college. The plan details several provisions, with the most eye-popping...

Congress can’t agree so students have to pay

By Anthony Szudarski | July 8, 2013

I go into every semester of school much the same way: constantly worried about how I’m going to pay for my education.As of this month, the interest rates on Subsidized Stafford Loans have doubled for college students from 3.4 percent to 6.8 percent....

Rising tuition costs result of increase in expenses

By Hailey Kurth | May 6, 2012

Gabrielle Miggins pays $23,000 to attend NIU. That was the cost for her after adding up the tuition, books, room and board, the junior elementary education major said. Miggins said she pays for her education with financial aid, scholarships and grants....

Being financially independent may be easier than students think

By Chelsey Boutan | November 3, 2011

Brad Cripe, assistant professor of accounting, remembers what it was like to be a college student who was struggling financially. "I have a student loan bill that I will be paying off until I am well into my 60's, but I took out those loans because I...

College students need a bailout too!

By Aaron Brooks | September 20, 2011

Growing up, we were told that to make it in this world we needed to get a college degree. So, we studied hard in high school and were willing to take on substantial debt to satisfy our end of the promise of a better life.Unfortunately, for at least a...