It’s graduation season and summer will soon be here. But it’s also an important time to plan for next semester’s bills. So this month’s Financial Aid News is here to help with:
• Information about how to compare private student loans
• Your chance to win a $10,000 scholarship
• Helpful advice for this year’s high school and college graduates
• New scholarship opportunities and more!
Calculations show the government profiting on student loans, but critics argue the math doesn’t add up.
Before signing up for an online degree, consider taking a single course.
Costs such as an increase in the price of gas can be budget-busters for college students.
“A vast majority of voters want Congress to maintain the interest rates on federal student [loans] at their current level or lower them, a poll released Tuesday found,” the Huffington Post reports.
Higher education institutions indicate that Great Lakes Education Loan Services has the highest third quarter customer satisfaction among federal loan servicers, though others are not far behind.
“Liane Larson grew up in Kansas. Her parents are military veterans who served in Kansas. She graduated from high school in Kansas, and her husband is from Kansas. But when Larson arrived at The University of Kansas, she didn’t qualify for in-state t…
“Education Secretary Arne Duncan and National Economic Council Director Gene Sperling will huddle with Democratic senators on Thursday to seek a way to prevent student loan rates from doubling in less than two weeks,” Politico reports.
“The federal government has been borrowing rapidly to finance recent budget deficits. But that’s not the only reason it’s gone deeper into debt. Uncle Sam also borrows to issue loans, build up cash, and make other financial investments,” according…
“The American automobile industry was once the envy of the world. But the automobile companies and their workers gradually slipped into complacency,” MainStreet reports. NASFAA is mentioned in the article.
“Louisiana’s free college tuition program called TOPS carries a hefty price tag in a state budget that has been throttled with cuts,” The Shreveport Times reports.
“Congress may let student loan interest rates double July 1, but some federal workers and congressional staff likely are protected from the impact by a taxpayer-funded benefit that provided more than $20 million last year for them to pay down their col…
“House and Senate Democrats are going on the offensive on student loans, accusing House Republicans of refusing to keep interest rates on student loans low,” The Hill’s Ballot Box reports.
“The U.S. Department of Justice has opened an antitrust investigation into ‘a possible agreement’ among college presidents who have discussed ideas for reforming the student-aid system,” The Chronicle of Higher Education’s Head Count blog reports.
“Last week, Higher Ed Watch took a look at some of the gainful employment policy questions raised in the over 900 public comments submitted to the Department of Education. While policy discussions will ultimately be the most important considerations as…
“In a time of growing alarm over soaring student loan debt, New York University — which graduates the most indebted classes of students in the country — has embarked on an ambitious real estate expansion that could make the school even more expensive…