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‘Gap Loans’ at For-Profit Colleges Escape Proposed Legislation
27 October 09 12:47 PM | Student Loan Girl | 0 Comments   

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. Read More...

Filed under: Barney Frank, Career Education Corporation, college loans, Consumer Financial Protection Agency, Consumer Financial Protection Agency Act, Corinthian Colleges, Deanne Loonin, Education Sector, federal student loans, FinAid, FinAid.org, financial aid, for-profit colleges, gap financing, gap funding, gap loans, H.R. 3126, H.R. 4137, Higher Education Act, Higher Education Act Reauthorization, Higher Education Opportunity Act, Institute for College Access and Success, ITT Tech, Jeff Silber, Justin Pope, Lauren Asher, Mark Kantrowitz, Maxine Waters, National Consumer Law Center, NextStudent, private student loans, proprietary colleges, student loan defaults, student loan lawsuits, Student Loan Legislation, student loans, TICAS, TILA, Truth in Lending Act, Westwood Colleges

Gloomiest Job Outlook for New Grads in 25 Years
09 April 09 04:20 PM | Student Loan Girl | 0 Comments   

Recent college graduates face one of the worst job markets in years, making the prospect of finding a job that much more daunting at a time when America is experiencing the highest unemployment rate in a quarter century. Landing a job may be even more difficult, according to a survey by the National Association of Colleges and Employers, since companies have indicated they plan to hire 22 percent fewer graduates this spring. Read More...

Filed under: America, budget analysts, career counselors, career services, Colgate University, college, college campuses, college financial aid, college graduates, college loans, college recruiting, dismal job outlook, downsizing, Duke University, Elizabeth Alexander, entry level positions, federal government, finance, financial aid, firefighters, healthcare, hiring survey, hiring trends, historians, job market, job markets, job openings, job prospects, job search skills, Justin Pope, National Association of Colleges and Employers, New York, NextStudent, paying for college, potential employers, Sheila Curran, student loans, Teresa Olsen, The Associated Press, tuition, unemployment rate, University of Texas at Austin

Students Could Save $40,000 by Completing College Degree in 3 Years
27 February 09 01:31 PM | Student Loan Girl | 0 Comments   

Students attending Hartwick College in New York may now be able to save over $40,000 on their education by enrolling in a new three- year college degree program, according to a recent news release from the college (“ Hartwick College Announces Three-Year Read More...

Filed under: American Council on Education, Associated Press, college, college financial aid, college level classes, college loans, Dr Margaret Drugovich, economic challenges, financial aid, Hartwick College, internship, Joy Newcom, Justin Pope, Lamar Alexander, Margaret Drugovich, New York, NextStudent, paying for college, recession, research practicum, Rhode Island, Sen. Lamar Alexander, student loans, study abroad, Tamar Lewin, three year degree, three year program, top quality education, tuition, Upper Iowa University, Waldorf College, winter session