Student Loan Blog

Although school administrators across the nation are reporting an increase in applications, they’re worried about just how many college students will actually enroll in their institutions this fall as families continue to tighten their budgets amid this recession, reports Inside Higher Ed (“Parents’ View of the Economy,” ...

Just as Congress is about to vote on President Obama’s plan to end the government’s Federal Family Education Loan Program, through which families get their student loans from private third-party lenders, a lender advocacy group is urging lawmakers to consider an alternative to the president’s proposal, reports The Chronicle of ...

It seems that everyone is getting a piece of the government’s “bailout pie,” including banks, automakers, and perhaps even the nation’s colleges and universities, although exactly how much schools will get and when they will get it has not yet been established, reports Inside Higher Ed (“Manna From Heaven (er, Washington),” Jan. 16, 2009). ...

Typically, when the economy is down, enrollment is up at the nation’s community colleges. However, in the current economy, in which the unemployment rate is at a record high, Americans who find themselves recently unemployed can’t afford to further their education even at inexpensive local institutions. In an effort to help, ...

Over the next few years, more small, private colleges may be faced with the decision to either merge with another school or close their doors as rising energy costs, increased competition for students, and the lingering credit crisis eat away at these private colleges’ profit margins, according to an article in Inside Higher Ed (“Will More ...

After posting an $8.9 billion second-quarter loss in July, Wachovia Corp. announced on Tuesday that it would stop making private student loans to undergraduates (“Wachovia to Stop Writing Private Undergrad Student Loans,” CNN Money, Aug. 5, 2008).Wachovia representative Ferris Morrison said the company’s student loan lending subsidiary, Wachovia ...

Many educators are excited about the potential impact of the proposed GI Bill, legislation that has gotten the nod by President Bush in its current form, according to an article in Inside Higher Ed (“Gauging the New GI Bill,” June 20, 2008). “I think that expanding the GI bill, making it more generous, can be one component of really ...

Despite dramatic changes to the SAT that were designed to help colleges and universities better predict a student’s academic performance in college, the adjustments did not “substantially change” how accurately the test predicts first-year grades, according to data collected by the College Board, the nonprofit organization that administers the ...

Pennsylvania–based Drexel University is planning to establish a graduate studies center and perhaps a “full-blown bi-coastal university” in California after receiving a 1,100-acre land offer just north of Sacramento from a group of real estate developers, according to an article in Inside Higher Ed (“Higher Ed Gold Rush?” May 29, ...

Several two-year schools with large numbers of commuter students have reduced the length of their academic week from five days to four in an effort to reduce their students’ commute and help them save money on gas.Making class sessions longer, these schools have been able to cancel classes one day a week, mostly opting for Fridays. This move has ...