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‘Swine Flu’ Causes Colleges to Cancel Study Abroad Programs
01 May 09 03:29 PM | Student Loan Girl | 0 Comments   
Although the swine flu virus (H1N1) hasn’t hit most U.S. college campuses, college health officials are starting to take precautions, including cancelling study abroad programs in Mexico. Read More...
MyRichUncle Stops Making Student Loans, Files for Bankruptcy
18 February 09 05:06 PM | Student Loan Girl | 0 Comments   
MyRichUncle, the student loan company that “caustically ridiculed the financial ties between colleges and student loan companies” has filed for Chapter 7 bankruptcy, The Chronicle of Higher Education reports (“ Student-Loan Industry’s Caustic Rebel Now Read More...
Former UC Students Get $33 Million Settlement
07 January 09 04:58 PM | Student Loan Girl | 0 Comments   
The University of California school system paid out more than $33 million last month to nearly 35,000 former students after losing a class-action lawsuit over a fee dispute, The Chronicle of Higher Education reports (“ U. of California Pays $33-Million Read More...
Enrollment Up at For-Profit Colleges Despite Economy
16 December 08 10:30 AM | Student Loan Girl | 0 Comments   
While numerous nonprofit colleges have halted construction and are undergoing hiring freezes and other cutbacks due to the declining economy, for-profit colleges are seeing higher enrollment numbers and higher profit margins (“ Economic Downturn Is a Read More...
Colleges Want Piece of Federal Government’s “Bailout Pie”
20 November 08 04:17 PM | Student Loan Girl | 0 Comments   
With 39 states anticipating budget shortfalls next year totaling more than $100 billion, colleges are urging Congress to include them in a second economic stimulus bill currently being drafted, The Chronicle of Higher Education reports (“ As the Economic Read More...
VA Keeps Processing of New GI Bill Education Benefits In-House
10 November 08 01:10 PM | Student Loan Girl | 0 Comments   
The education benefits of the new GI Bill — which will provide eligible veterans of the wars in Afghanistan and Iraq with four years of college funding — will be processed in-house by the Department of Veterans Affairs and not outsourced to a private Read More...
Changes to Student Loan Repayment Programs Not Enough, Advocates Say
30 October 08 11:34 AM | Student Loan Girl | 0 Comments   
Despite 1,500 individuals and a dozen national organizations pushing for further changes to legislative provisions that help low-income college students repay their student loans, the Education Department recently issued the provisions’ final regulations Read More...
Technical College May Lose Ability to Offer Federal Financial Aid For Violating Newly-Relaxed Aid Rule
20 August 08 01:05 PM | Student Loan Girl | 0 Comments   
Star Technical Institute , a technical college in New Jersey, may not be able to offer federal financial aid to students at two of its seven campuses for allegedly violating a federal law that requires colleges to obtain 10 percent or more of their revenues Read More...
Nonprofit Lenders Hurt by Legislation Intended to Help Them
01 August 08 06:53 PM | Student Loan Girl | 0 Comments   
As lenders continue to scale back or suspend their student loan programs amid a troubled economy and now-unprofitable federal education loans, newer legislation designed to help struggling lenders — nonprofit student loan providers in particular — may be doing more harm than good. Read More...
Senator Pushes Colleges for Enhanced Oversight of Funded Research and Endowments
28 July 08 09:57 PM | Student Loan Girl | 0 Comments   
Sen. Charles Grassley, ranking member of the Senate Finance Committee, wants colleges to be held more accountable in both their academic research and their endowment spending, according to a recent article in The Chronicle of Higher Education. Read More...
For-Profit Colleges Face Expulsion from Federal Student Aid Program for Awarding Too Much Aid
25 July 08 11:50 AM | Student Loan Girl | 0 Comments   
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 Read More...
Controversial Admissions Policy Proposal Could Shake Up University of California System
21 July 08 03:53 PM | Student Loan Girl | 1 Comments   
The biggest change in how the University of California system evaluates prospective applicants in 10 years could come from a major administrator-proposed revision to the system’s admissions policy, allowing schools to depend less on test scores and more Read More...
Professors Pay Students’ Tuition With New 'Opportunity Scholarship'
17 July 08 04:17 PM | Student Loan Girl | 0 Comments   
In an effort to stem the drop-out rate of low-income and immigrant students at California’s Santa Ana College , some professors are paying for their students’ tuition through the school’s new Opportunity Scholarship, according to an Inside Higher Ed article Read More...
Davidson College Sees Positive Results After Eliminating Student Loans
09 July 08 08:44 PM | Student Loan Girl | 0 Comments   
Princeton was the first university to completely eliminate student loans from its financial aid packages in 2001, and Harvard’s announcement to follow in Princeton’s footsteps this fall garnered national media attention as no-loan financial aid policies began to turn up across the Ivy League and at other elite schools nationwide. But it’s small, selective, liberal arts Davidson College in North Carolina that’s already seeing results after getting a head start over the rest of the Ivies by doing away with student loans last year. Read More...
Trade School Students No Longer Protected Under California Law
07 July 08 04:50 PM | Student Loan Girl | 0 Comments   
California students at for-profit colleges now have fewer legal rights if their institution goes out of business. The state law that regulated for-profit colleges, which enroll some 400,000 students, expired at the end of June and lawmakers recently rejected Read More...
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