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‘Gap Loans’ at For-Profit Colleges Escape Proposed Legislation
27 October 09 12:47 PM | Student Loan Girl | 0 Comments   
While acting last Thursday to approve the creation of a Consumer Financial Protection Agency, which will expand federal oversight of private student loans, a Congressional panel at the same time voted to reject a proposal that would have included school-sponsored “gap loans” under the authority of the new CFPA. Read More...
For-Profit Colleges Face Expulsion from Federal Student Aid Program for Awarding Too Much Aid
25 July 08 11:50 AM | Student Loan Girl | 0 Comments   
Under new federal legislation, many students at for-profit institutions have seen the amount of their Pell and federal student loan awards increase and a larger number these students have been able to cover all their college costs with just these two Read More...
Unfinished Business: Congress May Break Before Higher-Ed Bills Reviewed
03 July 08 04:08 PM | Student Loan Girl | 0 Comments   
While Congress is heading home for its annual Fourth of July recess, there are still many higher-education bills and pieces of legislation that need to be addressed before they break, according to an article in The Chronicle of Higher Education (“ Higher- Read More...
In Fight to Lower Tuition, Small Universities May Be Harmed
25 June 08 03:43 PM | Student Loan Girl | 0 Comments   
Some small U.S. colleges and universities are concerned that they may be the target of a new bill that would force schools with multi -billion dollar endowments, like Harvard , to reduce their tuition costs, and place other high-tuition institutions without Read More...
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...
Budget Picture FY08
07 February 07 08:43 PM | Student Loan Girl | 0 Comments   
As I reported earlier this week, President Bush released his FY08 Budget on Monday, Feb. 5, 2007. And although it promises to increase the maximum Pell Grant to $4,600 this year up to $5,400 by 2012, he will use funds from other grants for low-income Read More...
U.S. Rep. Ruben E. Hinojosa, D-Texas, to Lead U.S. House’s Higher-Education Panel
23 January 07 04:13 PM | Student Loan Girl | 0 Comments   
According to an article titled “Texas Democrat Will Lead U.S. House’s Higher-Education Panel,” written by Kelly Field that appeared in the Jan. 19, 2006 edition of The Chronicle of Higher Education , “one of the chief Congressional champions of higher-education Read More...

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