ScholarPoint Connect

Harvard’s New Financial Aid Plan: What Will It Mean Outside of Cambridge?

Last month, Harvard announced an overhaul of financial aid policies designed to make the school more affordable for families across the income spectrum. The new initiative focuses on ensuring greater affordability for middle- and upper-middle-income families Read More...

Beware of Blanket Statements on Student Lenders from Presidential Campaigns

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, Read More...

As Democrats Tout PL 110-84 via You-Tube, Expert Questions Real Savings

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 Read More...

States Looking at Credit Cards on Campus

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, Read More...

Defaults Decreasing

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 Read More...

Advice for Students Entering Grad School

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 Read More...