Paying For It

The Education Blog
11:07 am
Wed February 4, 2015

Bill Would Double Tax Deduction For College Savings

A new bill introduced by East Providence Representative Helio Melo would double the state income tax deduction allowed for college savings accounts.

The bill would increase the maximum deduction from $500 to $1,000 for individuals, and up to $2,000 for couples filing jointly.

Melo, the former chair of the House Finance Committee, said he's hoping the added incentive will encourage families to set aside more money for college.

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Higher Education
8:32 am
Thu November 13, 2014

Student Debt Edges Higher In Rhode Island

The Project on Student Debt is out with its annual report, and the news is not good for students at Rhode Island's colleges and universities.

According to the report, students graduating from local institutions in 2013 had the fourth highest debt burdens in the country, averaging $31,561. Rhode Island's rank worsened from fifth highest for the class of 2012, when the average for student loans stood at $31,156.

The national average for student debt was $28,400.

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The Education Blog
8:48 am
Mon June 2, 2014

Don't Miss Our Series Paying For It: Rhode Islanders Struggle with Student Debt

Students at Bryant University
Credit Elisabeth Harrison

Recent college graduates in Rhode Island have some of the highest loan burdens in the country, according to a national study called the Project on Student Debt. At the same time, Rhode Island faces consistently high unemployment and a sluggish economy.

All that made me wonder what it’s like to finish college with significant debt, so I set out to meet some of the graduates facing this problem and the experts who study it. I’ve been amazed by the response to their stories.

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Paying For It
8:53 am
Fri May 16, 2014

After Graduation, Navigating The World Of Student Loans

Students walk through Bryant University's campus in the warm weather. Bryant University students average the highest student debt in Rhode Island.
Credit Elisabeth Harrison / RIPR

In the final installment of our series Paying For It: Rhode Islanders Struggle with Student Debt, education reporter Elisabeth Harrison visits the Rhode Island Student Loan Authority to speak with Executive Director Charlie Kelley. She asked him to walk through the payment system for a student who has borrowed $31,000, about the average for recent graduates in Rhode Island.

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Paying For It
8:13 am
Thu May 15, 2014

Uncertain Futures As Student Debt Looms Large

Bryant University student Sierra Moore expects to spend more than a decade paying off her student loans.
Credit Elisabeth Harrison

Colleges all across Rhode Island hold graduation ceremonies this month, and many of their students will receive diplomas and then face thousands of dollars in student loans.  

As we continue our series Paying For It: Rhode Islanders Struggle with Student Debt, Rhode Island Public Radio’s Elisabeth Harrison looked at how mounting student loans are impacting students and the decisions they make about their future.

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