Wednesday 12 October 2011

Financial Aid News

Financial Aid News

Link to Financial Aid News and Blog : FinancialAidNews.com

Draft 2012-13 Paper FAFSA Open for Comment

Posted: 12 Oct 2011 01:39 AM PDT

The Department of Education (ED) has posted a draft of the 2012-13 Paper Free Application for Federal Student Aid (FAFSA). ED has posted a Summary of Changes to assist the financial aid community in...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

Opinion: Forgive Student Loans?

Posted: 12 Oct 2011 12:56 AM PDT

"In an informal survey of over 50 protesters in New York last Tuesday, blogger and equity research analyst David Maris found 93 percent of them advocated student-loan forgiveness," Richard Vedder...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

Statutory Definition of ‘Net Price’ Underestimates True Cost of College

Posted: 12 Oct 2011 12:54 AM PDT

The statutory definition of "net price" is flawed in several ways so the real, bottom-line cost of college is understated by thousands of dollars for many students, according to Mark Kantrowitz,...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

Opinion: Erase Student Loans?

Posted: 12 Oct 2011 12:47 AM PDT

"There's an argument going around that forgiving the country's student loan debt will stimulate the economy," commentator Justin Wolfers reports on American Public Radio's Marketplace edition....

For more great financial aid news and updates, visit http://www.financialaidnews.com/

At Occupy Wall Street Protests, Student Loan Frustration

Posted: 12 Oct 2011 12:45 AM PDT

"Unlike carrying a massive credit card balance, student loans have long been considered 'good debt.' Students have been told that to get a good job, they need to pay thousands for a college degree,"...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

Underemployment in the Lesser Depression

Posted: 12 Oct 2011 12:44 AM PDT

"A lot of the posts on 'We Are the 99 Percent' dwell on the problem of student loans," Ezra Klein writes in the Washington Post's Wonkblog. "But 'college graduates' problems should be kept in...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

Opinion: Government Has Made Student-Loan Situation Worse

Posted: 12 Oct 2011 12:42 AM PDT

"Until the elimination of the Federal Family Education Loan Program (FFELP) in 2010, private student lenders, especially nonprofit and state agency student-loan organizations, were able to provide...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

For-Profit Association Guides Members on Dealing With Vendors

Posted: 12 Oct 2011 12:41 AM PDT

"The Association of Private Sector Colleges and Universities today released a guidance document for how its member institutions should work with third-party vendors," Inside Higher Ed reports. "The...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

Wait and See

Posted: 12 Oct 2011 12:37 AM PDT

"Time is running out for the 'super committee,' the 12-member bipartisan panel charged with reducing the U.S. government's deficit by $1.2 trillion before Thanksgiving," Inside Higher Ed reports....

For more great financial aid news and updates, visit http://www.financialaidnews.com/

Percentage of Students Borrowing from Private Lenders Increases Three-Fold in 4 Years

Posted: 11 Oct 2011 11:05 AM PDT

The percentage of undergraduates taking out private loans nearly tripled from 5 percent in 2003–04 to 14 percent in 2007–08, according to a report by the National Center for Education Statistics. The...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

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