Student loan observers were looking to the President’s budget to provide the first official numbers on the comparative costs of the two student loan programs, FFEL and Direct Loans (DL), since cuts to FFELP lenders and guaranty agencies passed last year.
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As always, the President’s budget will be a major focus for all involved in education during the first of the year. Although the President refrained from discussing higher education policy in his State of the Union address, the full details of the budget
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This article, appearing in the Washington Post , details the reaction of some higher education administrators to Harvard’s recent expansion of its financial aid offerings. While schools with vast amounts of resources will more than likely follow suit
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Student lending companies have become a popular target for some on the presidential campaign trail this year. A couple of candidates have even gone as far as to say that they would like to get rid of the student loan companies altogether. Not surprisingly,
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Democrats on the House Education and Labor Committee recently released a You-Tube clip to promote the “College Cost Reduction and Access Act of 2007,” PL 110-84. In addition to the popular Web site, the video has also been uploaded to the Committee’s
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At different levels of government, lawmakers are responding to another, perhaps much more dangerous, element of the student debt problem: credit cards. According to American Banker , in addition to Congress’ scrutiny of the credit card industry in general,
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