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Restructuring of Pennsylvania Student Loan Agency’s Board Wouldn't Affect Tax-Exempt Status as Agency Claims
15 September 08 05:03 PM | Student Loan Girl | 0 Comments   
The Internal Revenue Service has reportedly disproven the Pennsylvania Higher Education Assistance Agency’s claim that cutting the number of lawmakers on its board in half — as recommended by Pennsylvania Auditor General Jack Wagner — would threaten the Read More...
Government’s Direct Lending Program Sees 43-Percent Increase in Volume
02 September 08 05:36 PM | Student Loan Girl | 0 Comments   
As cash-strapped lenders continue to drop out of the Federal Family Education Loan Program , the number of student loans originated for the 2008–09 school year through the government’s Direct Loan Program has increased by 43 percent, reports The Chronicle Read More...
Audit of State Student Loan Agency Calls for Major Reform
21 August 08 02:23 PM | Student Loan Girl | 0 Comments   
The Pennsylvania Auditor General Jack Wagner has recommended sweeping changes for the Pennsylvania Higher Education Assistance Agency a year after the state student-loan agency was found to be lavishly overspending on internal operations, according to Read More...
State-Based Loan Agencies May Not Offer Student Loans, Despite Government Intervention
20 June 08 04:18 PM | Student Loan Girl | 0 Comments   
Just this year, some 112 student loan lenders have cut back or ended their participation in the federal and private student loan markets, including nine state loan agencies, who have each issued slightly different responses to the industry’s changes, Read More...
Nursing, Teaching, Law Enforcement, Professions Losing Student Loan Incentives
13 June 08 10:30 AM | Student Loan Girl | 0 Comments   
College graduates preparing to enter critical fields like nursing and teaching may no longer be able to take advantage of programs that previously offered them a break on their student loans. In at least six states this year, state-affiliated lenders Read More...
Pennsylvania Student Loan Agency to Cut Grant Aid, Offer Employee Buyouts
30 April 08 05:06 PM | Student Loan Girl | 0 Comments   
Pennsylvania’s student-loan agency will cut college grant amounts for the 2008–09 academic year by up to $750 and will offer voluntary buyouts to some of its nonunion employees in an effort to keep the company afloat. The Pennsylvania Higher Education Read More...

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