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Aid Administrators to Lawmakers: “Don’t Kill Guaranteed Student Loans”
24 March 09 05:02 PM | Student Loan Girl | 0 Comments   

Just as Congress is about to vote on President Obama’s plan to end the government’s Federal Family Education Loan Program, through which families get their student loans from private third-party lenders, a lender advocacy group is urging lawmakers to consider an alternative to the president’s proposal. Read More...

Filed under: budget reconciliation process, budget resolution, Chronicle of Higher Education Department of Education, college, college financial aid, college loans, Congress, direct lending, Direct Loan Program, Doug Lederman, Federal Family Education Loan Program, federal student loan model, financial aid, government spending plan, government subsidized bonds, guarantors, Inside Higher Ed, investors, Kelly Field, lawmakers, lender advocacy group, loan default, loan forgiveness programs, National Association of Student Financial Aid Administrators, NextStudent, nonprofit lenders, paying for college, Philip R. Day Jr, President Obama, private lenders, student loan debt, student loan reform, student loans, tax credit, tuition

Auditors Accuse Bank of Illegally Getting Student Loans
09 January 09 02:20 PM | Student Loan Girl | 0 Comments   

A recently completed audit of Fifth Third Bank — the 20th largest lender of federal student loans in the country according to college financial aid site FinAid — found that the bank violated federal law by illegally paying three companies for loan applications Read More...

Filed under: bank, Cliff Peale, college, college financial aid, college loans, Department of Education, Federal Family Education Loan Program, federal student loan program federal student loan, FFEL, Fifth Third Bank, FinAid, financial aid, improperly obtained loan, inducements, Inspector General, Kelly Field, Law School Financial, lenders, loan application, loan volume, MSA Solution Inc, NextStudent, Pacific Loan Processing, paying for college, student loans, The Chronicle of Higher Education, The Enquirer, tuition

Despite Greater Benefits Under New GI Bill, Vets May Still Opt for Trade Schools, Community Colleges
25 July 08 03:38 PM | Student Loan Girl | 0 Comments   

Recently published research from the U.S. Department of Veterans Affairs indicates that approximately 57 percent of those veterans who used their GI Bill benefits in fiscal year 2007 attended either community colleges or for-profit institutions. Veterans Read More...

Filed under: American InterContinental University, college, college aid, college financial aid, college student loan, College Student Loans, College Tuition, financial aid, GI Bill, Kelly Field, NextStudent, student loan, student loans, The Chronicle of Higher Education, Tidewater Community College, tuition, U.S. Department of Veterans Affairs, University of Maryland

College-Bookstore Bill Could Lower Textbook Costs for Students
21 July 08 02:12 PM | Student Loan Girl | 1 Comments   

College students may soon be getting some relief when it comes to the $900 they spend on textbooks annually, although these new savings may be too minimal to notice. A new bill before Congress being supported by college bookstores, HR 5546 , would allow Read More...

Filed under: College Bookstore Bill, college loans, College Student Loans, financial aid, HR 5546, Kelly Field, National Association of College Stores, NextStudent, student loans, textbooks, tuition

Colleges May Be Required to Refund Student Loans for Military Members Called Into Service
01 July 08 05:20 PM | Student Loan Girl | 0 Comments   

At the same time the recently passed GI Bill was being pushed through Congress, legislators have been considering a veterans education “bill of rights” that would protect service members who are called to duty in the middle of their higher education studies, Read More...

Filed under: American Association of Community Colleges, Chronicle of Higher Education, college, financial aid, GI Bill, Iraq and Afghanistan Veterans, Iraq and Afghanistan Veterans of America, Kelly Field, military members, NextStudent, soldier student, student loan, student loans, tuition, VA, veteran, veterans, vets

2009 Budget Resolution with More Money for Education Approved by Senate
09 June 08 03:48 PM | Student Loan Girl | 0 Comments   

The U.S. Senate approved an $84.3-billion discretionary spending blueprint for the 2009 fiscal year that greatly increases federal funds for education as well as scientific research, according to an article in The Chronicle of Higher Education (“ Senate Read More...

Filed under: Chronicle of Higher Education, college loans, House of Representatives, Kelly Field, NextStudent, Pell Grant program, student loans, U.S. Senate

Financial Aid Administrators Oppose New Preferred-Lender List Rule
23 April 08 06:01 PM | Student Loan Girl | 0 Comments   

The National Association of Student Financial Aid Administrators has asked the Department of Education to reconsider its interpretation of a new rule that requires colleges to have at least three student loan lenders that are not affiliated with each Read More...

Filed under: college, college loans, credit crisis, Department of Education, Education Department, financial aid administrators, Kelly Field, NASFAA, National Association of Student Financial Aid Administrators, NextStudent, Philip Day Jr., preferred lender lists, Preferred Lenders, private student loans, student loan crisis, student loans, The Chronicle of Higher Education