Tuesday, 3 April 2012

Financial Aid News

Financial Aid News

Link to Financial Aid News and Blog : FinancialAidNews.com

Invest in What You Know

Posted: 02 Apr 2012 05:00 PM PDT

"Daniel Macklin thinks an M.B.A. from Stanford University is such a good bet that he made the investment more than once," Inside Higher Ed reports. "Macklin is one of several Stanford business school...

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

04-02: Volume 1 – Student Eligibility [2012-23 Federal Student Aid Handbook]

Posted: 02 Apr 2012 05:00 PM PDT

The Department of Education has made available Volume 1 - Student Eligibility of the 2012-13 Federal Student Aid Handbook. The Federal Student Aid Handbook consists of the Application and...

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

How Higher Education Fails Us All

Posted: 02 Apr 2012 05:00 PM PDT

"Higher education is often touted as 'the way out' of difficult circumstances," author Patricia Leavy writes for the Huffington Post Education blog. "When people say this they usually mean higher...

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

04-02: Loan Servicing Information – Aspire Resources Inc. Joins Federal Loan Servicer Team

Posted: 02 Apr 2012 05:00 PM PDT

The expansion of the federal loan servicer team is occurring through new federal loan servicing contracts awarded under the HCERA/SAFRA Not-For-Profit (NFP) Servicer Program solicitation. Aspire...

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

Opinion: Federal Lending Is as Rotten as Federal Borrowing

Posted: 02 Apr 2012 05:00 PM PDT

"We all know about the dire fiscal outlook arising from manic federal borrowing," George Melloan writes for the Wall Street Journal. "The interest cost of financing and refinancing the burgeoning...

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

Hundreds of Local Students May Lose Grant Money

Posted: 02 Apr 2012 05:00 PM PDT

April 1, 2012 - The Middletown Journal interviews NASFAA Policy Director Megan McClean about the eligibility changes to the Pell Grant program and how that will affect students. "It is that grant...

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

Senate Bill Would Strengthen Financial Literacy for Private Student Loans

Posted: 02 Apr 2012 05:00 PM PDT

A Senate bill introduced last Thursday by Sens. Richard Durbin (D-IL) and Tom Harkin (D-IA) would amend both the Higher Education Act and the Truth in Lending Act to strengthen requirements...

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

Explosion in Student Loan Debt Reaching Crisis Proportions, But Largely Flying Under Radar

Posted: 02 Apr 2012 05:00 PM PDT

"The federal student loan program seemed like a great idea back in 1965: Borrow to go to college now, pay it back later when you have a job," the Associated Press reports. "But many borrowers these...

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

Community Banks Slowly Warm Up to Private Student Loans

Posted: 02 Apr 2012 05:00 PM PDT

"Looking to diversify, a number of smaller banks are considering making more student loans, even as bigger banks head for the exits," American Banker reports. "The market appears ready for new...

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

To Enroll More Minority Students, Colleges Work Around the Courts

Posted: 02 Apr 2012 05:00 PM PDT

"With its decision to take up racial preferences in admissions at public colleges, the Supreme Court has touched off a national guessing game about how far it might move against affirmative action...

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

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