student loans

Updated Friday at 11:04 a.m. ET.

Lawmakers have called for an investigation into a troubled student loan discharge program one day after an NPR report revealed that the program — meant to erase the student debts of borrowers with significant, permanent disabilities — wasn't helping the vast majority of those who are eligible.

photo of Sandee Fegley, Shannan Jursa

Residents in Portage County – some of whom who are still struggling to recover from the 2008 recession -- got free money advice over the weekend at the treasurer’s third annual Financial Wellness Fair.

Treasurer Brad Cromes says the fair is a way to help educate people about topics like student loan and credit card debt, especially as those combine with a weaker-than-expected economic recovery.

photo of Sen. Sherrod Brown

Senator Sherrod Brown is pushing for a bill that would give states incentives to help students graduate from college debt-free.

Brown is co-sponsoring the Debt-Free College Act,  which would offer states more federal funding for their public universities if they spend more money helping eliminate college costs for students. The funds would be matched dollar for dollar.

Student loans are a burden for many college graduates. Newburgh Heights Mayor Trevor Elkins has an idea to ease that burden and help his community. He wants to implement a student loan forgiveness plan for young professionals who move to the 2,100-person village.

Under the proposed program, if you have a four-year degree and purchase a home in Newburgh Heights valued at $50,000 or more, your student loans can be paid off at up to $50,000, depending on how long you live there.

photo of Dan Ramos

Studies show in the near future, about two-thirds of Ohio’s jobs will require some college or skilled vocational training. But the cost of getting that education often leaves Ohioans with thousands of dollars in student loans that hinder their buying power and ability to succeed financially.

Democratic Rep. Dan Ramos says he pays a couple of hundred dollars each month on student loans. The 36-year-old lawmaker says he’s not alone.

photo of Kent State

Graduates of Kent State University finished their degrees with more student loan debt than at any other public institution in Ohio last year. That’s according to a national study of debt from a non-profit research group that focuses on higher education.

The report from the Institute for College Access and Success shows 64 percent of Ohio undergrads completed their bachelor’s with some kind of student debt in 2016. At Kent State, 76 percent of graduates had student loans, which averaged more than $33,000.

Ohio's College Costs Are Among the Highest in the Country

Apr 28, 2016
Picture of Sen. Sherrod Brown
U.S. Senator

Ohio is near the bottom in college affordability and state funding to help students pay for a college degree, according to a University of Pennsylvania study.

The study ranks Ohio 45th in the nation when it comes to affordability and financial support. And it says the state has the fourth-most expensive public colleges.

photo of Sherrod Brown

Ohio Sen. Sherrod Brown is calling on the U.S. Department of Education for more oversight of for-profit colleges.

Brown wants the department to investigate Cincinnati-based Antonelli College, which lost its accreditation from the Ohio Board of Nursing just before this year’s class was expected to graduate. That means Antonelli’s nursing students can’t take board certification tests.