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Overhaul of Student Loan System in the Works
22 June 09 08:30 AM | Student Loan Girl | 0 Comments   

A bill to overhaul the student loan industry may reach Congress as early as next week; education-committee chairs are working behind the scenes on a piece of legislation that would eliminate the third-party student loan system called the Federal Family Read More...

Filed under: Congressional Budget Office, Consumer Price Index, fate of student loan industry, Federal Family Education Loan Program, Federal Pell Grant Program, federal student loan lenders, Federal Student Loan Program, federal student loans, FFEL program, FFELP, FFEP lenders, NextStudent, Obama student loan plan, Pell Grants, private student loans, Sallie Mae, student loan industry, student loan laws, Student Loan Legislation, student loan overhaul, student loan regulation, student loans, The Chronicle of Higher Education, third party student loan lenders

Private Student Loans: Proceed With Caution
04 May 09 02:07 PM | Student Loan Girl | 0 Comments   

Although the government has taken steps to bolster the federal student loan program by expanding Pell Grant awards and raising the maximum award amount of federal Stafford student loans, federal financial aid will still not be enough for many families Read More...

Filed under: 529 savings accounts, college, college loans, college savings plans, federal financial aid, federal stafford student loans, federal student loan lenders, Federal Student Loan Program, federal student loans, fixed rate private loans, home equity loans, JPMorgan Chase, NexStudent, pell grant awards, Pell Grants, PNC Financial, prime rate index, private student loan interset rates, private student loan lenders, private student loan terms, private student loans, private tudent loan rates, Student Lending Analytics, student loan borrower benefits, student loans, SunTrust Bank, The New York Times, Tim Ranzetta, variable rate private loans

College Board Pushes Obama to Grant Financial Aid to Undocumented Immigrants
28 April 09 01:10 PM | Student Loan Girl | 0 Comments   

The College Board — an organization of some 5,000 colleges best known for its college admission tests — has petitioned Congress to allow students who are undocumented immigrants to qualify for tuition aid and citizenship, The Associated Press reports Read More...

Filed under: college loans, DREAM Act, federal financial aid, federal student loans, NextStudent, Pell Grants, student loans, The College Board, Thomas Rudin, undocumented college students, undocumented immigrants

Despite Down Economy, College Student Aid Still Thriving
23 March 09 05:18 PM | Student Loan Girl | 0 Comments   

In economic downturns, colleges and universities become flooded with students of all ages looking to better prepare themselves for an increasingly competitive job market. But these schools haven’t been immune to the effects of today’s recession. Fortunately, for every recent economic downturn in higher education there’s also been a tangible upside. Read More...

Filed under: Associated Press, college, college aid, college endowments, college loans, Direct Loan Program, economic recession, Education Department, Federal Family Education Loan Program, federal stimulus money, federal student aid, federal student loan programs, federal student loans, FFELP, FFELP lenders, institutional aid, Kent State University, Manchester College, merit scholarships, merit aid, National Association of Independent Colleges and Universities, NextStudent, pell grant awards, pell grant increases, Pell Grants, private student loans, public colleges budget crisis, Stafford student loans, state aid, state budget cuts, Student Aid, student loan market, student loan securities, student loans, tuition applications, tuition assistance, tuition costs, tuition hikes, tuition increases, tuition waivers, U.S. Department of Education

Financial Aid Wars: Democrats and Republicans Try to Outdo Each Other
16 February 07 04:20 PM | Student Loan Girl | 0 Comments   

It has been the hot topic in the news for the past couple months and on my blog, so we all should know by now that the 110th Congress is controlled by the Democrats. Why is that big news? Because 2007 is the first year the Democrats have controlled the Read More...

Filed under: federal student loans, financial aid, higher education, NextStudent, Pell Grants, PLUS Loans, Postsecondary Education, student loan consolidation