Last month Secretary of Education Margaret Spellings wrote to Sen. Edward Kennedy (D-MA) asking that Congress retroactively change the way the federal government sets lenders subsidies in the guaranteed student loan program. ...
In an attempt to bolster the Pell Grants, Obama plans to eliminate the Federal Family Education Loan Plan and mandate that all federal student loans be provided through the direct loan program. With the current FFELP plan, ...
For more information on recent actions taken by the Department of Education to ensure students and families have continued access to federal student loans, please visit http://www.ed.gov/news/pressreleases/2008/11/11202008.html. ...
It's also sinking in that the student loan default rate is much higher than the 4% to 5% level the Department of Education has officially announced for years. For example, reaching back into the 1990s and following student experience ...
Default rates are high: Recent research explodes the widespread myth that student loan default rates are low. To be sure, the federal Dept. of Education has announced for years that the default rate was a modest 4% to 5%. ...
During the presidential campaign, we ran a series of posts highlighting the educational background of the presidential and vice presidential candidates. So now that Barack Obama is choosing members of his cabinet, we’ll be doing the ...
Since your student loans are not eligible for discharge in bankruptcy, you’ve really got one option, make suitable repayment arrangements. The ICRP (Income Contingent Repayment Plan) plan is probably going to be your best opportunity. ...
Getting into college can really become strenuous especially when you are faced with the financial dilemma. The student loans are granted to those who apply and.
Hunger of Memory: The Education of Richard Rodriguez Hunger of Memory is the story of Mexican-American Richard Rodriguez, who begins his schooling in Sacramento, California, knowing just 50 words of English, and concludes his university ...
Latest Post: Canada’s new government and higher education. Carson Jerema Trolling for instances of insanity on campus. Latest Post: Western to open gender neutral washrooms. The Freshman Pre-med student Scott Dobson Mitchell’s diary of ...