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Student Loan Providers May Get Government Help for One More Year
17 September 08 05:08 PM | Student Loan Girl | 0 Comments   

With problems in the credit markets continuing to plague student loan providers, the U.S. House of Representatives overwhelmingly approved a year-long extension of the Ensuring Continued Access to Student Loans Act , which allows the secretary of education Read More...

Filed under: aid extension, authority, buy student loans, cash-strapped lenders, college degree, college loans, colleges, Congress, credit market problems, credit markets, Department of Education, education secretary, Ensuring Continued Access to Student Loans Act, federal student loans, guarantee agencies, HR 5715, lender of last resort, loan accessibility, loan purchasing power, market conditions, NextStudent, private lenders, Secretary of Education, Senate, student loan lenders, student loans, third-party lenders, U.S. House of Representatives, universities

New Higher-Ed Bill May Get Through Congress This Week
30 July 08 06:54 PM | Student Loan Girl | 0 Comments   

Five years overdue, the House and the Senate may finally reach a compromise on the re-authorized Higher Education Act, the law that predominantly governs student aid, according to an article in The Chronicle of Higher Education (“ With Compromises, Higher-Ed Read More...

Filed under: college loans, Congress, education committee, graduate education, grants, Higher Education Act Reauthorization, historically black institutions, NextStudent, predominantly black institutions, student loans, The Chronicle of Higher Education, U.S. House of Representatives, U.S. Senate

Senator Proposes Penalties for Colleges That Hoard Endowment Funds
15 May 08 11:58 AM | Student Loan Girl | 0 Comments   

In a recent letter to the U.S. House of Representatives Committee on Ways and Means , Rep. Peter Welch , D-Vermont, proposed restricting IRA rollover contributions to colleges that don’t use their endowments to help low and middle-income students pay Read More...

Filed under: college, college endowments, Committee on Ways and Means, Higher Education Act, house legislation, Internal Revenue Code, IRA, NextStudent, Peter Welch, Representative Peter Welch, student loans, The Chronicle of Higher Education, U.S. House of Representatives