Archive for June, 2007

LaRoche College gets grant to buy surgical mannequins

Nursing students at LaRoche College near Pittsburgh will soon have two new patients on which to practice their craft.
The Buhl Foundation has given the school a $96,000 grant to buy two software-controlled mannequins.
The mannequins will be used in a mock operating room to help students learn how to administer anesthesia under differing circumstances.

June 27th, 2007 - Posted in College Grant, Education

Vaughn gets tutoring grant

A grant that will total $1.25 million over the next five years will enable Vaughn College of Aeronautics and Technology in Flushing to provide some local high schools with academic support services.
The federal grant, which was given by the national Upward Bound Program, which provides after-school tutoring, will be for $250,000 during each of the […]

June 27th, 2007 - Posted in College Grant, Education

College-Loan Ploys Probed

Attorney General Richard Blumenthal said Thursday he has found problems with student loan practices at specific schools in his investigation with federal education officials into possible corruption in the student loan industry.
Blumenthal is conducting his investigation with the U.S. Department of Education’s Office of Inspector General. He declined to detail his findings, but said he […]

June 25th, 2007 - Posted in College Loans, Education

Student loan debt can burden borrowers

You’ve got the college degree, and now you’re stressed about the debt.
“Even if your student loans exceed your annual salary — which is, unfortunately, a common phenomenon these days — you can knock down those debts and start to regain control of your financial life,” Lynnette Khalfani writes in her new book, “Zero Debt for […]

June 24th, 2007 - Posted in College Loans, Education, Student Loan

Grant to Help Build College Health Building: Construction Begins in Sept. On Dallas Campus

Gaston College will receive a $1 million federal grant for a new health building, Sen. Richard Burr, R-N.C., and college President Patricia Skinner announced this week.
The grant is from the U.S. Commerce Department’s Economic Development Administration and will go for site work and construction of the David Belk Cannon Health Education Institute on the Dallas […]

June 24th, 2007 - Posted in College Grant, Education

Workforce development grant to bring approximatley 544 jobs to area

Orangeburg-Calhoun Technical College Friday received a $1.5 million Economic Development Administration workforce development grant toward the construction of a Transportation Training Facility.
The approximate 25,000-square-foot workforce training facility is expected to result in 544 spin-off jobs including an $420 million in private investment.
The job and investment estimates are based on the college’s inquiry from about 15 […]

June 24th, 2007 - Posted in College Grant, Education

Hopkins to spend $1M over student loan scandal

Although it denies violating New York laws on student loan practices, Johns Hopkins University will donate more than $1 million nationally and locally to absolve itself in a national investigation.
In April, New York Attorney General Andrew Cuomo launched an investigation into student loan practices at Johns Hopkins University focusing on Ellen Frishberg, a director […]

June 15th, 2007 - Posted in Education, Student Loan

Student loan scandal is far reaching

A U.S. Senate probe of the student loan business indicated the problem of gifts and payoffs to university officials is more pervasive than originally believed.
A report released by the Education Committee concluded the scandal isn’t limited to a few problem lenders and schools, The New York Times reported Friday.
To drum up favored status at […]

June 15th, 2007 - Posted in Education, Student Loan

Students warned about college loans

The state attorney general and his staff are visiting high schools to clue students in to new efforts to protect them from unscrupulous college loan practices, and Nottingham’s turn came Wednesday.
Leslie Leach, executive deputy attorney general for state counsel, handed out copies of a new Student Bill of Rights to 20 or so students who […]

June 15th, 2007 - Posted in College Loans, Education

Senate Report Details Alleged Student Loan Company Enticements

One student loan company took university financial aid directors on a junket to Disney World. Another paid $500 to be placed on a school’s list of recommended lenders. And others showered tequila, wine and golf outings on college aid officers.
Those were among what Senate investigators called illegal enticements from loan companies to university officials to […]

June 15th, 2007 - Posted in Education, Student Loan

Johns Hopkins to settle student-loan probe

Johns Hopkins University has agreed to pay $1.125 million to settle a probe of its student loan practices, the New York attorney general said Thursday.
The settlement is the latest in a nationwide probe of conflicts of interest in the $85 billion student loan industry. Twenty-six schools and seven lenders, including Sallie Mae , JPMorgan Chase […]

June 15th, 2007 - Posted in College Loans, Education, Student Loan

College loan volume up, students graduate into debt

Despite a growing number of options to finance a college education, students and parents are increasingly turning to loans.
Not only are students borrowing more money, but more of them are borrowing, according to data compiled by Nebraska’s Coordinating Commission for Postsecondary Education.
The news doesn’t sit well with Carna Pfeil, the commission’s associate director, who is […]

June 15th, 2007 - Posted in College Loans, Education