Student Loan Blog

Some 1,500 Georgia high school students will not receive the state scholarship funds they were promised for becoming valedictorians or for graduating in the top of their class, The Associated Press reports (“Georgia Scholarships to End for 1,500 Students,” April 26, 2009). In a last-minute decision, state legislators cut the Governor’s ...

At a time when large numbers of lenders exiting the student loan marketplace has made it more difficult for international students to find college and graduate school funding, Harvard has announced an exclusive agreement with JPMorgan Chase that will allow the school’s international graduate students to borrow up to the full cost ...

A week after the cash-strapped Massachusetts Educational Financing Authority announced that its 40,000 borrowers would have to find a new private student loan provider, Massachusetts Gov. Deval Patrick has asked the Massachusetts pension fund to invest $50 million in the state loan agency. Patrick’s proposal would involve the Massachusetts ...

Massachusetts Gov. Deval Patrick has set up a financial assistance website to help the 40,000 families who were previously served by the Massachusetts Educational Financing Authority to find a new student loan provider for the 2008–09 academic year, following MEFA’s announcement on July 28 that it was suspending its private student loan ...

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 (“Sen. Grassley Pressures Universities on Science Conflicts and Financial Aid,” July 25, 2008).In an ...

Although Massachusetts is known as a hub for higher education, the state lags behind other states in awarding financial aid to college students, a shortfall that many educators say is limiting access to a college education for low-income and minority families, according to an article in The Boston Globe (“State Lags on Student Grants,” July ...

While Princeton was the first university to completely eliminate student loans from its financial aid packages in 2001, it was Harvard’s announcement to follow in Princeton’s footsteps this fall that garnered national media attention as no-loan financial aid policies for 2008–09 began to turn up at elite colleges and universities across the ...

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 large endowments at a financial disadvantage when competing for students, ...

A Harvard University education professor is challenging undergraduates at elite colleges to forgo high-paying consulting and finance jobs, for careers in public service. The professor, Howard Gardner, is leading seminars at Harvard and, Amherst College in Massachusetts, and Colby College in Maine, to encourage undergraduates to reflect more ...

Some professors at the nation’s most prominent law schools are resorting to classroom laptop bans to help reengage law students in lectures and discussions, and, despite students’ claims that the anti-laptop policies deny them a proper education, professors are seeing positive results, according to an article in The Chronicle of ...