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Northern Star

Northern Illinois University’s student news organization since 1899

 

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The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

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, 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 9, 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...