To help students better compare colleges, the federal government on Saturday launched a revamped College Scorecard website. Among other features, the site will publish earnings for federal aid recipients from every college in the country.
For the past nine years, graduate students in the U.S. have had almost a blank check to take out as much as $80,000 a year in government-backed loans to pay for tuition and living expenses. Republican Senator Lamar Alexander of Tennessee thinks that’s too much.
On July 31, 2014 Adam Ludwin, Devon Gundry and Ryan Smith–no-names in the world of finance–walked into a windowless conference room in a Los Angeles office building near LAX and sat down on black leather executive chairs at a mahogany table that could seat 12.