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Proposed Legislation Would Prevent Student Loan Lenders from ‘Cherry-Picking’ Schools They Lend To
19 June 08 06:14 PM | Student Loan Girl | 0 Comments   

To ensure all students have access to student loans regardless of what type of school they attend, two Democratic senators introduced legislation Tuesday that would prohibit banks and other lenders from “picking and choosing” which institutions of higher Read More...

Filed under: Christopher Dodd, Citibank, college loans, Community Colleges, default rates, Edward Kennedy, Federal Family Education Loan Program, FFELP, FFELP lenders, financial aid, higher education, Jonathan D. Glater, JPMorgan Chase, Low-Income Students, NextStudent, Patty Murray, PNC, selective lending, Senate Committee on Health Education Labor and Pensions, student loan crisis, student loans, SunTrust, The New York Times, two-year schools, U.S. Department of Education, universal college loans

Medical Residents Losing Ability to Defer Student Loans for 'Economic Hardship'
10 June 08 04:50 PM | Student Loan Girl | 1 Comments   

Beginning next year, medical school residents will no longer be eligible to defer their federal student loans because of new criteria the government will use to determine “economic hardship,” according to an article in the American Medical News (“ New Read More...

Filed under: American Medical News, Association of American Medical Colleges, college loans, debt-to-income ratio, deferring student loans, doctors, income-based repayment plan, medical residents, medical school loans, NextStudent, student loan deferment, student loans, subsidized student loans, U.S. Department of Education

College May Be Stripped of Its Ability to Offer Some Federal Student Loans
29 May 08 01:36 PM | Student Loan Girl | 0 Comments   

The federal government is considering revoking a college’s ability to offer subsidized federal student loans — namely Perkins and Stafford loans — as allegations surface that the school, Technical Career Institute , has been paying off the loans of some Read More...

Filed under: Chronicle of Higher Education, college loans, EVCI Career Colleges Holdings Corp., NextStudent, Perkins student loans, Stafford student loans, student loan lenders, student loans, subsidized federal student loans, TCI, Technical Career Institute, U.S. Department of Education, U.S. Department of Education Inspector General

Education Department to Pay Lenders Full Value for Student Loans
21 May 08 03:56 PM | Student Loan Girl | 0 Comments   

The U.S. Department of Education has released details of how much it will pay private lenders in the Federal Family Education Loan Program who sell their loans to the government instead of to capital-market investors, according to an article in The Wall Read More...

Filed under: Bush, college loans, Education Department, Ensuring Continued Access to Student Loans Act, Federal Family Education Loan Program, FFELP, H.R. 5715, NextStudent, Office of Management and Budget, private lenders, student loans, U.S. Department of Education, Wall Street Journal

President Bush Signs Legislation That Boosts Availability of Student Loans
08 May 08 09:15 AM | Student Loan Girl | 0 Comments   

On May 7, President George Bush signed into law legislation intended to help stabilize the $85-billion student loan industry and to avert a predicted shortage in student loans. The law will allow the U.S. Department of Education to buy bundled student Read More...

Filed under: college, college loans, credit crisis, credit crunch, Education Department, Edward Kennedy, federal student loans, George Bush, George Miller, lender of last resort, Margaret Spellings, NextStudent, President Bush, President George Bush, Rep. George Miller, Reuters, Secretary of Education, Senator Kennedy, student loan bill, student loan crisis, student loan crunch, student loan industry, Student Loan Legislation, student loan shortage, student loans, The Chronicle of Higher Education, U.S. Department of Education

More on Higher Education Accreditation
03 May 07 04:02 PM | Student Loan Girl | 0 Comments   

Yet another player has entered the arena in the discussion on who is going to be the responsible party when it comes to creating the standards and practices for accrediting higher education institutions. The Bush administration has appointed Anne D. Neal, Read More...

Filed under: American Council of Trustees and Alumni, Higher Education Accreditation, National Advisory Committee on Institutional Quality and Integrity, NextStudent, U.S. Department of Education

National Student Loan Data System Set to Reopen
02 May 07 04:24 PM | Student Loan Girl | 0 Comments   

Several weeks ago the U.S. Department of Education temporarily suspended access by private lenders to the National Student Loan Data System (NSLDS) in the wake of reported abuses of the system. However, according to a May 1, 2007 article written by Paul Read More...

Filed under: National Student Loan Data System, NextStudent, NSLDS, U.S. Department of Education

Corporate Sponsorships and the Future of Higher Education
30 April 07 09:15 PM | Student Loan Girl | 0 Comments   

It is commonplace to see the names of companies plastered on billboards in stadiums, and even all over college campuses. Corporate sponsorship pervades our society, so much so that many just glaze over such ads, with the company name or its products barely Read More...

Filed under: Corporate Sponsorships, higher education, NextStudent, U.S. Department of Education

What is an Occupational Student?
03 April 07 05:03 PM | Student Loan Girl | 0 Comments   

So, what is a nontraditional or occupational student? According to a March 29, 2007 article written by Scott Jaschik, titled, “Portrait of the Occupational Student,” that appeared in Inside Higher Ed , “Educators spend a lot of time talking about diverse, Read More...

Filed under: NextStudent, Nontraditional Students, Occupational Students, U.S. Department of Education

U.S. Education Department Set to Monitor Education Standards
30 March 07 07:21 PM | Student Loan Girl | 0 Comments   

Colleges seem to be getting hit from all angles lately. Financial aid and the offices disbursing it are being scrutinized, college accessibility is being questioned, and now the U.S. Department of Education is planning on getting tougher on college performance Read More...

Filed under: accreditation, Education Standards, NextStudent, U.S. Department of Education

Does Bigger Mean Better in the Consolidation Business?
27 March 07 07:28 PM | Student Loan Girl | 0 Comments   

Recently, there has been lots of negative press out there regarding college financial aid officers receiving special treatment, trips or the like from student loan providers, and New York’s Attorney General Andrew Cuomo is going after such companies and Read More...

Filed under: Andrew Cuomo, NextStudent, Top 100 Consolidating Lenders for 2006 and 2005, U.S. Department of Education

Financial Aid Officers on the Take?
15 March 07 09:56 PM | Student Loan Girl | 0 Comments   

Definitely not, but that is the implied accusation from the U.S. Department of Education regarding its intentions to toughen lender oversight policies, according to a March 13, 2007 article by Doug Lederman titled “Change of Heart on Lender Oversight” Read More...

Filed under: financial aid, Financial Aid Officers, NextStudent, U.S. Department of Education

Government Defense Proposal to Track College Degree Completion
15 March 07 09:00 PM | Student Loan Girl | 0 Comments   

According to a March 12 article by Clifford Adelman titled, “Making Graduation Rates Matter,” that appeared in Inside Higher Ed , “ Education Secretary Margaret Spellings recently wrote a letter to the editor of The Detroit News in defense of her higher Read More...

Filed under: Commission on the Future of Higher Education, NextStudent, U.S. Department of Education

How Much Data on College is Enough?
13 March 07 07:44 PM | Student Loan Girl | 0 Comments   

Several months ago the U.S. Department of Education announced a proposed campaign to expand the amount of data it collects on colleges through the Integrated Postsecondary Education Data System (IPEDS). However, according to a March 9, 2007 article by Read More...

Filed under: Integrated Postsecondary Education Data System (IPEDS), NextStudent, U.S. Department of Education