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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

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...

Filed under: California State University system, Career College Association, Chronicle of Higher Education, college, college financial aid, college graduate, college loans, Corinthian Colleges, cutbacks, declining economy, direct lending, economic downturn, enrollment, enrollment cap, federal grants, financial aid, financial aid policies, for profit colleges, Goldie Blumenstyk, growth, higher enrollment, hiring freezes, job search, job seeking graduates, laid off workers, new job skills, new students, NextStudent, nonprofit colleges, paying for college, private schools, profit margins, projected unemployment rate, public schools, publicly traded college, Rene Champagne, state budget cuts, student loans, subsidized student loans, tuition, unemployment, unsubsidized private loans, widespread layoffs

Kennedy to Colleges: Have Back-Up Plan for Students
21 April 08 05:34 PM | Student Loan Girl | 0 Comments   

In a letter sent to the American Council on Education on April 15, Sen. Edward Kennedy , D-Mass., the chairman of the Senate Education Committee, urged colleges to sign up for the Department of Education’s Federal Direct Loan Program as a preventive measure Read More...

Filed under: American Council on Education, college, college loans, credit crunch, Department of Education, direct lending, Edward Kennedy, Federal Direct Loan Program, Federal Family Education Loan Program, FFELP, FinAid, FinAid.org, NextStudent, private student loans, Sen. Edward Kennedy, Strengthening Student Aid Act of 2008, student loan crisis, Student Loan Legislation, student loans