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Colleges Receive $70 Million in Anonymous Donations
29 April 09 03:21 PM | Student Loan Girl | 0 Comments   

An anonymous donor is playing secret Santa with at least a dozen colleges and universities nationwide, but instead of giving $5 trinkets this Santa has left schools with $1 million to $10 million gifts, The New York Times reports ( “Anonymous Donor Gives Read More...

Filed under: anonymous donor, Binghampton University, college, college donations, college donors, college endowments, college financing, College Funding, college loans, College Scholarships, female college leaders, female college presidents, financial aid, higher education funding, Lois DeFleur, Michigan State University, Montclair State University, New York Times, NextStudent, State College Funding, student loans, Susan Cole, University of North Caronlina Asheville

Student Loan Default Rate On the Rise
20 April 09 04:02 PM | Student Loan Girl | 0 Comments   

Weighed down by job losses, limited job availability, and lower salary wages, college graduates — who leave school owing an average of $22,500 in student loans — are defaulting on their federal student loans at the highest rate since 1998 (“ In Grim Job Read More...

Filed under: bankruptcy, college graduates, college loans, deferment, deferring student loans, extend student loan terms, federal student loan repayment options, federal student loans, forbearance, forbearing student loans, income-based repayment plan, limited job availability, New York Times, NextStudent, student loans

Program to Offer NY Students Low-Cost College Loans
17 December 08 04:36 PM | Student Loan Girl | 0 Comments   

Despite New York’s $15 billion budget deficit, Gov. David Paterson announced he is creating a student loan program that would allow New York college students to borrow $350 million in low-cost private student loans directly from the state, reports The Read More...

Filed under: City University of New York, college loans, Commission on Higher Education, CUNY, David Paterson, four-year institutions, graduate students, graduates, higher education, Jeffrey Gordon, low-cost student loans, New York students, New York Times, NextStudent, private lenders, private student loans, State University of New York, student loan initiative, student loan lenders, student loan program, student loans, SUNY, Two-Year Colleges, undergraduate students, undergraduates

Student Loan Providers Get More Help From the Government
13 November 08 03:39 PM | Student Loan Girl | 0 Comments   

In a move intended to avoid a shortfall in student loans next year, Congress has expanded the government program to buy federally guaranteed student loans from private lenders. Under the updated loan-purchase plan, the Education Department can now buy Read More...

Filed under: Bruyette & Woods, buyback program, college, college financial aid, college loans, Congress, Department of Education, Education Department, education secretary, Edward Kennedy, Eric Dash, federal government, federal student loan, financial aid, government, Jonathan Glater, Keefe, Margaret Spellilngs, New York Times, NextStudent, paying for college, private lenders, private student loan, Sameer Gokhale, Sen. Edward Kennedy, Senate Education Committee, student loan buyback, student loans, tuition

Paying for College Gets More Challenging For Families
22 October 08 05:42 PM | Student Loan Girl | 0 Comments   

Paying for college definitely isn’t getting any easier. “It just seems like it’s really hard, because it is,” says Diana Jacobs, a mother of twin, college seniors, whose husband recently lost his job, forcing the family to go from borrowing modestly to Read More...

Filed under: college affordability, college costs, college expenses, college loans, college seniors, credit based loans, depression, Diana Jacobs, economic downturn, economy, federal financial aid, federal student loan lenders, Federal Student Loan Program, federal student loans, financial aid administrators, financial aid applications, home equity loans, home values, loan cosigners, loan defaults, New York Times, NextStudent, paying for college, personal finances, private student loan lenders, private student loans, recession, state budget shortages, state financial aid, student loans, tuition costs, unemployment

New York May Soon Have Its Own Low-Interest Student Loan Program
23 July 08 12:33 PM | Student Loan Girl | 0 Comments   

New York is one of the few states in the country where college students do not have access to a low-interest, state-backed student loan program, according to a report by the New York State Commission on Higher Education (“ Final Report of Findings and Read More...

Filed under: City University of New York, college, college financial aid, college loan, college loans, College Tuition, CUNY, David Paterson, financial aid, Marc Santora, New York State Commission on Higher Education, New York student loan program, New York Times, NextStudent, State University of New York, student loan, student loans, SUNY, tuition

All Veterans Qualify for In-State Tuition at Ohio Colleges With New GI Promise Legislation
16 July 08 03:19 PM | Student Loan Girl | 0 Comments   

Ohio governor, Ted Strickland , recently announced the implementation of The Ohio G.I. Promise , the first plan of its kind in the nation to extend in-state tuition rates to all veterans who attend an Ohio state public college or university on the GI Read More...

Filed under: college, college aid, college financial aid, College Student Loans, College Tuition, financial aid, GI Bill, Governor Strickland, Montgomery GI Bill, New York Times, NextStudent, Ohio Board of Regents, Ohio G.I. Promise, Ohio Governor, Ohio Governor Ted Strickland, student loan, student loans, Tamar Lewin, Ted Strickland, tuition, veteran, veterans

Harvard Professor Urges Students to Consider Public Service Over Wall Street
25 June 08 12:53 PM | Student Loan Girl | 7 Comments   

A Harvard University education professor is challenging undergraduates at elite colleges to forgo high-paying consulting and finance jobs, for careers in public service. The professor, Howard Gardner , is leading seminars at Harvard and, Amherst College Read More...

Filed under: Amherst, Anthony Marx, Bain & Company, Colby, Colby College, college debt, college loans, corporate America, Corporate Jobs, elite colleges, financial aid, grant money, grants, Harvard, Harvard University, higher education, Howard Gardner, Ivy League Schools, New York Times, NextStudent, NY Times, Penn, public service, public service fellowships, public service internship programs, public service internships, public-service sector, student loans, Tufts, Tufts University, undergraduates, University of Pennsylvania, Wall Street

U.S. Reinstates 7 Fulbright Grants to Students in Gaza, Future of Other Students Accepted Abroad Uncertain
13 June 08 02:45 PM | Student Loan Girl | 0 Comments   

The U.S. Department of State recently reinstated seven Fulbright Grants awarded to Palestinian students after withdrawing the awards when the students were denied permission to leave Gaza, according to an article in the Jerusalem Post (“ State Tells Court Read More...

Filed under: college, college loans, Dan Izenberg, financial aid, foreign study, Fulbright Grants, Fulbright scholars, Gaza security, Gaza strip, Gisha, Grad PLUS loans, graduate school, Israel, Israel Defense Ministry, Israel Parliament, Jerusalem Post, New York Times, NextStudent, Palestine, Sari Bashi, State Department, student loans, tuition, U.S. Department of State

Yale University to Increase Undergraduate Enrollment by 15 Percent
12 June 08 02:36 PM | Student Loan Girl | 0 Comments   

Last week, Yale University president Richard Levin announced that the school will be increasing its undergraduate enrollment by 15 percent to 6,000 students, according to an article in The New York Times (“ Yale to Expand Undergraduate Enrollment by 15 Read More...

Filed under: college, college loans, New York Times, NextStudent, student loans, Tamar Lewin, Tuition Deduction, Yale University

Banks Become More Selective, Leaving Some Colleges Without Student Loans
02 June 08 05:49 PM | Student Loan Girl | 0 Comments   

Students at community colleges, for-profit universities, and other less competitive institutions may soon have trouble finding a lender willing to offer them federal student loans. Citibank, JP Morgan Chase, PNC, and SunTrust are no longer offering student loans to certain colleges — schools that the banks have determined tend toward higher default rates, fewer borrowers, and small loan amounts that make business less profitable. Read More...

Filed under: Citibank, College Board, college loans, community college, federal student loans, financial aid, Jonathan D. Glater, JPMorgan Chase, Nelnet, New York Times, NextStudent, Perkins loans, PLUS Loans, PNC, private student loans, Sallie Mae, SLC, Stafford Loans, student debt, Student Loan Corporation, student loan lenders, student loans, SunTrust, tuition, Wells Fargo, William Jessup University

Elite Korean Schools Prep Students for American Ivy Leagues
10 May 08 10:11 AM | Student Loan Girl | 0 Comments   

South Korea has some 103,000 students studying at American colleges and universities, outnumbered only by students from India and China, nations which have more than 20 times the population of South Korea, writes Sam Dillon of The New York Times (“ Elite Read More...

Filed under: boarding schools, college, Daewon High School, expectations, family, Harvard, Ivy League, Minjok Academy, New York Times, NextStudent, Phillips Exeter, Sam Dillon, SAT prep, SAT scores, SATs, South Korea, student loans, study abroad

Bear Stearns Takeover Leaves Business-School Students Scrambling
14 April 08 08:13 PM | Student Loan Girl | 0 Comments   

BearStearns CEO, Jimmy Cayne, seems to have been the only former Stearns employee to make it out of the JPMorgan Chase buyout relatively unscathed — at least in non-CEO terms — walking away with $61.3 million in sold shares. Even though, in his own high-priced Read More...

Filed under: Alison Damast, bailout, Bear Stearns, Ben Bernanke, business school, BusinessWeek, buyout, career, CEO, college, credit crisis, economy, employment, Fed, financial services, graduate students, graduates, Internships, investment firm, James Cayne, Jimmy Cayne, JPMorgan Chase, market, MBA, MBA Career Services Council, New York Times, New York University, NextStudent, NYU, recession, shares, Stern School of Business, student jobs, student loans, Tom Kozicki

Financial Industry Woes Affecting Commercial Education
10 March 08 07:02 AM | Student Loan Girl | 0 Comments   

The current credit crisis, combined with recent legislation cutting federal subsidy payments to student loan companies that make federally guaranteed student loans, has begun to take a noticeable toll on commercial education companies. The past few months Read More...

Filed under: borrowers, Career Education Corporation, college, commercial education, community college, Corinthian Colleges, credit crisis, credit crunch, Credit History, credit requirements, economy, Fed, Federal Reserve, financing, income, ITT, ITT Tech, Jonathan Glater, Michael Dannenberg, New America Foundation, New York Times, NextStudent, private student loans, risk, student loan companies, student loans, subprime, tuition

Harvard’s Aid to Middle-Class Families a Signal for Change
03 January 08 03:03 PM | Student Loan Girl | 0 Comments   

In December Harvard University announced it would begin offering increased financial aid to students of middle and upper-middle class families. Those families earning between $120,000 and $180,000 will only have to pay about 10 percent of their income, Read More...

Filed under: award letters, Bryn Mawr, Center for the Study of Higher Education, college, cost-cutting, Dickinson, discounts, Donald Heller, Education, financial aid, funding, grants, Harvard, Haverford, income, Ivy League, Jenny Rickard, John Strassburger, Jonathan D. Glater, liberal arts, middle-class, Need-Based Aid, New York Times, NextStudent, Pomona, price tag, Scholarships, student loans, Swarthmore, tuition, University of Pennsylvania, UPenn, Ursinus College, William Durden, William Fitzsimmons