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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...

Filed under: Barney Frank, Career Education Corporation, college loans, Consumer Financial Protection Agency, Consumer Financial Protection Agency Act, Corinthian Colleges, Deanne Loonin, Education Sector, federal student loans, FinAid, FinAid.org, financial aid, for-profit colleges, gap financing, gap funding, gap loans, H.R. 3126, H.R. 4137, Higher Education Act, Higher Education Act Reauthorization, Higher Education Opportunity Act, Institute for College Access and Success, ITT Tech, Jeff Silber, Justin Pope, Lauren Asher, Mark Kantrowitz, Maxine Waters, National Consumer Law Center, NextStudent, private student loans, proprietary colleges, student loan defaults, student loan lawsuits, Student Loan Legislation, student loans, TICAS, TILA, Truth in Lending Act, Westwood Colleges

Provision of Higher Education Act May Force Schools to Spy on Online Students
28 July 08 09:24 PM | Student Loan Girl | 0 Comments   

Language in the bill, currently before Congress, to re-authorize the Higher Education Act could lead distance-learning institutions to use home-monitoring devices to police their students who take courses online, according to an article in The Chronicle Read More...

Filed under: Chronicle of Higher Ed, Colorado Community Colleges Online, Congress, distance learning, Excelsior College, higher education, Higher Education Act, home monitoring, home monitoring devices, internet classes, John Ebersole, NextStudent, online classes, online classwork, online courses, online degrees, online institutions, online learning, online schools, Postsecondary Education, private student loans, reauthorization, Rhonda Epper, student loans, test taking, The Chronicle of Higher Education, webcams

New Senator at the Helm of Higher Education Act Negotiations
03 June 08 04:13 PM | Student Loan Girl | 0 Comments   

Sen. Barbara Mikulski , D-Md., will “pinch hit” for Sen. Edward Kennedy , D-Mass. — the chairman of the Senate Committee on Health, Education, Labor and Pensions who is recovering from surgery to treat a malignant brain tumor — in Senate and House negotiations Read More...

Filed under: Barbara Mikulski, brain cancer, brain tumor, chemotherapy, college, College Accreditation, college loans, college piracy, College watch lists, CQ Politics, education benefits, Edward Kennedy, glioma, graduate school, Higher Education Act, House of Representatives, HR 4137, Labor and Pensions, NextStudent, private student loans, radiation, S 1642, Senate, Senate Committee on Health, Senator Barbara Mikulski, Senator Edward Kennedy, student loan availability, student loans