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Technical College May Lose Ability to Offer Federal Financial Aid For Violating Newly-Relaxed Aid Rule
20 August 08 01:05 PM | Student Loan Girl | 0 Comments   

Star Technical Institute , a technical college in New Jersey, may not be able to offer federal financial aid to students at two of its seven campuses for allegedly violating a federal law that requires colleges to obtain 10 percent or more of their revenues Read More...

Filed under: 90-10 Rule, Chronicle of Higher Education, College Financial Aid, college loans, College Opportunity and Affordability Act of 2008, college tuition hike, Department of Education, federal student loans, financial aid, H.R. 4137, Karen Manin, NextStudent, Paul Basken, paying for college, Stafford student loans, Star Technical Institute, student loans

Nonprofit Lenders Hurt by Legislation Intended to Help Them
01 August 08 06:53 PM | Student Loan Girl | 0 Comments   

As lenders continue to scale back or suspend their student loan programs amid a troubled economy and now-unprofitable federal education loans, newer legislation designed to help struggling lenders — nonprofit student loan providers in particular — may be doing more harm than good. Read More...

Filed under: Chronicle of Higher Education, College Cost Reduction and Access Act, college loans, credit crisis, Department of Educaiton, Education Finance Council, EFC, Ensuring Continued Access to Student Loans Act, federal student loans, financial aid, Interest Rates, National Council of Higher Education Loan Programs, NCHELP, NextStudent, Paul Basken, Peter Warren, Shelly Repp, Stafford Loans, student loan availability, student loans, subprime mortgage crisis

Senator Pushes Colleges for Enhanced Oversight of Funded Research and Endowments
28 July 08 09:57 PM | Student Loan Girl | 0 Comments   

Sen. Charles Grassley, ranking member of the Senate Finance Committee, wants colleges to be held more accountable in both their academic research and their endowment spending, according to a recent article in The Chronicle of Higher Education. Read More...

Filed under: Charles Grassley, Chronicle of Higher Education, Chuck Grassley, college, college loans, conflict of interest, endowment, financial aid, grants, Harvard, higher education, National Institutes of Health, NextStudent, NIH, research, research institutions, science, Senate Finance Committee, Stanford, student loans, tuition, University of Cincinnati

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...

Filed under: Chronicle of Higher Education, college, college aid, College Financial Aid, College Tuition, current legislation session, federal student aid, financial aid, Goldie Blumenstyk, Higher Education Act, Higher Education Act Reauthorization, NextStudent, Pell Grant, Student Aid, student loan, student loans, tuition

Davidson College Sees Positive Results After Eliminating Student Loans
09 July 08 08:44 PM | Student Loan Girl | 0 Comments   

Princeton was the first university to completely eliminate student loans from its financial aid packages in 2001, and Harvard’s announcement to follow in Princeton’s footsteps this fall garnered national media attention as no-loan financial aid policies began to turn up across the Ivy League and at other elite schools nationwide. But it’s small, selective, liberal arts Davidson College in North Carolina that’s already seeing results after getting a head start over the rest of the Ivies by doing away with student loans last year. Read More...

Filed under: Amherst, Christopher Gruber, Chronicle of Higher Education, college, college loans, Columbia University, Dartmouth, Davidson College, debt, federal student loans, financial aid, Harvard, higher education, Jonathan Epstein, loan caps, Maguire Associates, NextStudent, North Carolina, Princeton, private student loans, Stanford, student loan debt, student loans, Swarthmore, tuition, Yale

Trade School Students No Longer Protected Under California Law
07 July 08 04:50 PM | Student Loan Girl | 0 Comments   

California students at for-profit colleges now have fewer legal rights if their institution goes out of business. The state law that regulated for-profit colleges, which enroll some 400,000 students, expired at the end of June and lawmakers recently rejected Read More...

Filed under: Arnold Schwarzenegger, California, California Association of Private Postsecondary Schools, Chronicle of Higher Education, college loans, Corinthian Colleges, financial aid, for-profit colleges, Governor Arnold Schwarzenegger, Los Angeles Times, NextStudent, student loans, trade schools, tuition

Colleges May Be Required to Refund Student Loans for Military Members Called Into Service
01 July 08 05:20 PM | Student Loan Girl | 0 Comments   

At the same time the recently passed GI Bill was being pushed through Congress, legislators have been considering a veterans education “bill of rights” that would protect service members who are called to duty in the middle of their higher education studies, Read More...

Filed under: American Association of Community Colleges, Chronicle of Higher Education, college, financial aid, GI Bill, Iraq and Afghanistan Veterans, Iraq and Afghanistan Veterans of America, Kelly Field, military members, NextStudent, soldier student, student loan, student loans, tuition, VA, veteran, veterans, vets

Learn This, Professor: Shorter is Better
27 June 08 03:14 PM | Student Loan Girl | 0 Comments   

Traditional college professors attempting to venture into online learning may be in store for a rather unpleasant surprise: What works in the classroom doesn’t necessarily work on the internet, according to an article in The Chronicle of Higher Education Read More...

Filed under: Chronicle of Higher Education, classroom, college, college loans, financial aid, Jeffrey Young, mini-lecture, NextStudent, online learning, student loans, tuition, York University, YouTube, YouTube Professor

State-Based Loan Agencies May Not Offer Student Loans, Despite Government Intervention
20 June 08 04:18 PM | Student Loan Girl | 0 Comments   

Just this year, some 112 student loan lenders have cut back or ended their participation in the federal and private student loan markets, including nine state loan agencies, who have each issued slightly different responses to the industry’s changes, Read More...

Filed under: Chronicle of Higher Education, college, college loans, Ensuring Continued Access to Student Loans Act, Eric Kelderman, financial aid, Missouri Education Loan Authority, Missouri Higher Education Loan Authority, NextStudent, Pennsylvania Higher Education Assistance Agency, State Lenders, State-Based Loan Agencies, student loans, tuition

Gas Prices Put the Squeeze on Community College Students
17 June 08 05:00 PM | Student Loan Girl | 1 Comments   

With gasoline prices approaching $5 a gallon, students who attend community colleges in rural America — where a one-way trip to school is often 30 miles or more — are being forced to make some tough decisions about school, according to an article in The Read More...

Filed under: Chronicle of Higher Education, college, college loans, community college, financial aid, gas prices, Libby Sander, NextStudent, student loans, tuition, University of New Mexico, Williston State College

Trade Schools Are Better Than Community Colleges, Say Americans in Poll
11 June 08 06:38 PM | Student Loan Girl | 0 Comments   

Results of a recent public opinion poll point to a strong belief among Americans that career and technical colleges may be better than community colleges at preparing students for today’s competitive workforce, reports The Chronicle of Higher Education Read More...

Filed under: AACC, American Association of Community Colleges, career, Career College Association, career colleges, CCA, Chronicle of Higher Education, college loans, community college, David Baime, financial aid, four-year schools, Harris Miller, higher education, Kate Moser, NextStudent, private student loans, student loans, technical colleges, training, trends, Two-Year Colleges

U.S. Colleges to Provide Iraq Troops With On-Site Courses
22 May 08 03:16 PM | Student Loan Girl | 0 Comments   

Beginning August 1, 2008, three U.S. colleges will be the first schools to offer on-ground instruction to U.S. troops in Iraq, according to an article in The Chronicle of Higher Education (“ The Educated Soldier: 3 Colleges Will Provide Courses for Forces Read More...

Filed under: Andrea Foster, Central Texas College, Chronicle of Higher Education, college, college loans, Department of Defense, Embry-Riddle Aeronautical University, financial aid, Iraq War, NextStudent, soldiers, student loans, Susan Aldridge, troops, tuition, University of Maryland University College

Lowest-Income Students Need More Pell Aid, Authors of New Report Find
05 May 08 04:35 PM | Student Loan Girl | 0 Comments   

To help low-income students attend college, larger Pell Grants should be awarded to the most “financially needy” college students, according to a new report (“ Window of Opportunity: Targeting Federal Grant Aid to Students With the Lowest Incomes ”). Read More...

Filed under: Chronicle of Higher Education, college, college loans, credit crunch, EFC, expected family contribution, financial aid, grants, IHEP, Institute for Higher Education Policy, Low-Income Students, Need-Based Aid, NextStudent, Pell Grant, Pell Grants, Sen. Edward Kennedy, student loans, 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

College Presidents’ Salaries Not-So-Slowly Sliding Up the Pay Scale
21 November 07 04:09 AM | Student Loan Girl | 0 Comments   

It costs a lot of money to go to college. It costs even more money to run a college. And it’s costing increasingly more money to pay college and university presidents’ salaries and compensation packages, with many reaching the million-dollar mark. According Read More...

Filed under: American University, Benjamin Lander, CEO, Chronicle of Higher Education, college, college presidents, compensation, David Hodge, financial aid, Jonathan Glater, Lois DeFleur, McGraw Prize in Education, Miami University Ohio, millionaires, National Center for Public Policy and Higher Education, New York Times, NextStudent, Patrick Callan, pay, pay scale, Piper Fogg, raise, salaries, salary increase, student loans, SUNY Binghamton, trends, tuition, university presidents