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Aid Administrators to Lawmakers: “Don’t Kill Guaranteed Student Loans”
24 March 09 05:02 PM | Student Loan Girl | 0 Comments   

Just as Congress is about to vote on President Obama’s plan to end the government’s Federal Family Education Loan Program, through which families get their student loans from private third-party lenders, a lender advocacy group is urging lawmakers to consider an alternative to the president’s proposal. Read More...

Filed under: budget reconciliation process, budget resolution, Chronicle of Higher Education Department of Education, college, college financial aid, college loans, Congress, direct lending, Direct Loan Program, Doug Lederman, Federal Family Education Loan Program, federal student loan model, financial aid, government spending plan, government subsidized bonds, guarantors, Inside Higher Ed, investors, Kelly Field, lawmakers, lender advocacy group, loan default, loan forgiveness programs, National Association of Student Financial Aid Administrators, NextStudent, nonprofit lenders, paying for college, Philip R. Day Jr, President Obama, private lenders, student loan debt, student loan reform, student loans, tax credit, tuition

Tens of Thousands of College Work-Study Students to Benefit From Stimulus
24 February 09 03:08 PM | Student Loan Girl | 0 Comments   

An additional 130,000 college work-study students may have jobs next year thanks to the economic-stimulus bill that President Obama just signed into law which allocates approximately $200 million in new funding for Federal Work-Study Programs , reports Read More...

Filed under: Association of Jesuit Colleges and Universities, Beckie Supiano, bipartisan, Capitol Hill, college, college financial aid, college loans, college work study, Congress, Cynthia Littlefield, economic stimulus bill, Federal Work-Study Program, financial aid, graduate student, higher education official, matching work study funds, NextStudent, paying for college, Pell Grant, President Obama, stimulus money, student loans, tax credit, The Chronicle of Higher Education, tuition, undergraduate student, work study students

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

Government Warns: Pell Grant Program in Trouble
22 September 08 02:47 PM | Student Loan Girl | 0 Comments   

Without additional taxpayer funds next year, the government’s “most important” federal financial aid program may be unable to provide Pell Grants to millions of eligible low-income students, likely pricing these students out of a higher education, according Read More...

Filed under: American Association of Collegiate Registrars and Admissions Officers, American Association of State Colleges and Universities, Barmak Nassirian, budget shortages, budget shortfalls, college, college loans, College Tuition, Congress, Continuing Education, Department of Education, Edward M. Elmendorf, federal budget cuts, federal financial aid, federal grants, financial aid programs, grant programs, Low-Income Students, NextStudent, Pell Grant program, Pell Grants, private student loans, Scholarships, state budget cuts, state budgets, student loans, The New York Times, tuition costs

Proposed Bill Combines House, Senate Versions of the Higher Education Act
14 May 08 04:51 PM | Student Loan Girl | 0 Comments   

Congressional aides hope to finalize a renewal of the Higher Education Act by Memorial Day that merges different versions of the proposed bill passed separately by the House of Representatives and the Senate last year, according to an article in The Chronicle Read More...

Filed under: campus emergency, campus piracy, college, College Accreditation, college cost, college loans, college piracy, College Textbooks, Congress, Department of Educaiton, Education Department, education secretary, federal student loans, Higher Educationon Act, House of Representatives, illegal downloading, illegal downloads, Margaret Spellings, National Advisory Committee on Institutional Quality and Integrity, NextStudent, piracy, private student loans, Secretary of Education, student loans, texbooks, textbook publishers, The Chronicle of Higher Education, U.S. Senate

Credit Unions Offer Themselves as Partial Solution to Looming Student Loan Crisis
12 April 08 11:19 AM | Student Loan Girl | 0 Comments   

In the last six months alone, since legislators eliminated over $21 billion in subsidies to student loan lenders in the Federal Family Education Loan Program, at least 44 FFELP lenders have stopped originating federal student loans. This exodus of lenders Read More...

Filed under: capital, Chronicle of Higher Education, college, Congress, credit crisis, credit crunch, credit unions, Education, Edward Kennedy, Federal Family Education Loan Program, FFELP, FinAid, financial aid, Higher Education Act, Kennedy, lenders, liquidity, Mark Kantrowitz, Michael Kim, mortgages, NextStudent, nonprofit, Paul Basken, shortage, student loans, subprime, subsidies, UFCU, University Federal Credit Union, University of Southern California, University of Wisconsin, USC, USC Credit Union, UW Credit Union, UWCU

Congress Joins States and Colleges in Efforts to Reduce Soaring Textbook Costs
03 March 08 07:09 AM | Student Loan Girl | 1 Comments   

With the average college student now shelling out between $900 and $1,000 each year for textbooks and supplies, according to the College Board ’s latest Trends in College Pricing report, schools, states, and now Congress are getting involved in the crusade Read More...

Filed under: AB 1548, Arnold Schwarzenegger, Assembly Bill 1548, bundling, California, college, College Board, College Opportunity and Affordability Act, College Textbook Transparency Act, Committee on Education and Labor, Congress, custom textbooks, customized, e-books, editions, Elia Powers, faculty, George Miller, governor, H.AMDT.951, H.R. 4137, HB 2300, Higher Education Act, House Bill 2300, House of Representatives, inflation, Inside Higher Ed, legislation, legislature, marketing, NextStudent, Ohio, Oregon, Pearson Custom Publishing, pilot grant program, pricing, publishers, representative, retail prices, Rio Salado College, Senate Bill 365, state law, student loans, study guides, textbook bundles, textbook costs, textbook prices, textbook rentals, textbooks, Tim Ryan, Trends in College Pricing, U.S. Student Association, University of Virginia, Washington