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‘Gap Loans’ at For-Profit Colleges Escape Proposed Legislation
27 October 09 12:47 PM
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Student Loan Girl
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While acting last Thursday to approve the creation of a Consumer Financial Protection Agency, which will expand federal oversight of private student loans, a Congressional panel at the same time voted to reject a proposal that would have included school-sponsored “gap loans” under the authority of the new CFPA.
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For-Profit Colleges Face Expulsion from Federal Student Aid Program for Awarding Too Much Aid
25 July 08 11:50 AM
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Student Loan Girl
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Under new federal legislation, many students at for-profit institutions have seen the amount of their Pell and federal student loan awards increase and a larger number these students have been able to cover all their college costs with just these two
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Unfinished Business: Congress May Break Before Higher-Ed Bills Reviewed
03 July 08 04:08 PM
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Student Loan Girl
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While Congress is heading home for its annual Fourth of July recess, there are still many higher-education bills and pieces of legislation that need to be addressed before they break, according to an article in The Chronicle of Higher Education (“ Higher-
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In Fight to Lower Tuition, Small Universities May Be Harmed
25 June 08 03:43 PM
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Student Loan Girl
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Some small U.S. colleges and universities are concerned that they may be the target of a new bill that would force schools with multi -billion dollar endowments, like Harvard , to reduce their tuition costs, and place other high-tuition institutions without
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Credit Unions Offer Themselves as Partial Solution to Looming Student Loan Crisis
12 April 08 11:19 AM
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Student Loan Girl
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In the last six months alone, since legislators eliminated over $21 billion in subsidies to student loan lenders in the Federal Family Education Loan Program, at least 44 FFELP lenders have stopped originating federal student loans. This exodus of lenders
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Budget Picture FY08
07 February 07 08:43 PM
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Student Loan Girl
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As I reported earlier this week, President Bush released his FY08 Budget on Monday, Feb. 5, 2007. And although it promises to increase the maximum Pell Grant to $4,600 this year up to $5,400 by 2012, he will use funds from other grants for low-income
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U.S. Rep. Ruben E. Hinojosa, D-Texas, to Lead U.S. House’s Higher-Education Panel
23 January 07 04:13 PM
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Student Loan Girl
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According to an article titled “Texas Democrat Will Lead U.S. House’s Higher-Education Panel,” written by Kelly Field that appeared in the Jan. 19, 2006 edition of The Chronicle of Higher Education , “one of the chief Congressional champions of higher-education
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