Although experts tell students to exhaust all their federal-aid options before considering riskier private student loans for college, a new report shows that nearly one in seven undergraduates across all types of colleges and programs used a private student loan.
Recently in Regulation and Legislation Category
July 13, 2011
July 12, 2011
There are mixed signals in the new figures that came out yesterday on financial aid that states give to college students. On the one hand, the survey by the National Association of State Student Grant and Aid Programs (NASSGAP) shows that although overall support for higher education was down, st...
July 01, 2011
For students who are struggling academically or don't grasp the relevance of success in school, having a plan early on that links their courses to a career goal can make all the difference. One tangible way to lay out a pathway is with a "student learning plan." These plans are mandated in 23 state...
June 14, 2011
A brief released today by the Institute for Higher Education Policy finds that in the last 10 years, low-income students have increasingly being drawn to proprietary colleges and now attend at four times the rate of other students. Students between ages 18 and 26 whose total household income is nea...
June 07, 2011
The Education Department's new "gainful employment" rule is "modest" and may need to followed up by more aggressive legislation, says U.S. Sen. Tom Harkin, D-Iowa.
June 02, 2011
Students considering a for-profit college will now have a better picture of the value of their investment before enrolling with the release today of the Obama administration's final "gainful employment" regulations. In a statement from the U.S.Department of Education, it was announced that career ...
May 26, 2011
Current and former governors, university presidents, chancellors of state university systems, and other national education leaders recommend ways to improve college completion in a report, "Front and Center: Critical Choices for Higher Education" released this week. The report is based on discussi...
April 18, 2011
Although the maximum Pell Grant of $5,550 survived the recent budget deal in Congress, year-round Pell Grants were scrapped, and now it looks like the battle in next year's budget will not be over whetherbut howto cut the federal aid program for low-income college students. Rather than ...
April 13, 2011
The federal spending compromise cuts into the Pell Grant program, eliminating the option of year-round grants, but preserves the maximum single-grant amount.
April 11, 2011
More Pell Grant money available to students has translated into higher enrollment at community colleges, a new study shows.