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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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A few weeks ago, we blogged about states stepping in and taking action against credit card companies that prey on college students. If you think about college marketing from a credit card company’s perspective, the college campus is an ideal place to
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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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Secretary Spellings announced the national student loan cohort default rate fell to 4.6 percent from last year's rate of 5.1 percent. Although default rates remain at historic lows, dropping from levels as high as 22 percent in the early nineties, they
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An excellent choice for many college graduates and especially those who are entering graduate school this fall is to consolidate their loans before they enroll. Recent legislation to reduce lender subsidies means many of the borrower discounts lenders
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