Brad Roae is a state representative from the Sixth District.
Question: Is there any help available for members of the armed forces who served in the Middle East and are now having trouble paying their student loans?
Answer: Yes. The Pennsylvania Higher Education Assistance Agency (PHEAA) has extended the Armed Forces Loan Forgiveness Program to provide a […]
Graduating college students across the country recently have received their degrees and are taking their first steps into the real world, which includes repaying their student loans. According to NextStudent, a leading Phoenix-based education funding company, composing a strategy for repaying college student debt is simple, once borrowers are armed with accurate, easily applicable information.
Fortunately, […]
College students will be able to borrow more from Uncle Sam and pay less in fees to lenders under a federal law that takes effect this week.
It will be the first time that the annual limits on federal Stafford Loans have increased since 1992. Over the same time period, tuition rates have more than doubled.
The […]
A federal law that takes effect this week spells more money in the pockets of college undergraduates who borrow from Uncle Sam.
The new law changes the annual Stafford loan limits for students who qualify for financial aid. The change provides an additional $875 per year for freshmen and $1,000 per year for sophomores. The $5,500 […]
Charles Schumer learned about the misleading nature of college loans the hard way.
With his youngest daughter heading off to college and the older one entering law school, the U.S. senator knew he needed to look into loans.
“I tried to go through the process with her,†he said. “It’s totally confusing.â€
Specifically, it was difficult to tell […]
Attorney General Charles C. Foti, Jr., joined by 31 Attorneys General, urged the U.S. Senate to enact The Student Loan Sunshine Act, a new federal law to safeguard students and families nationwide from deceptive practices in the college loan industry.
The House of Representatives recently passed this legislation in a virtually unanimous vote of 414-3.
In a […]
Grant County young people bound for college are better prepared than many in the state, according to a recently released study.
The Ready for College 2007 study conducted by the state’s Higher Education Department, reported the number of high school graduates attending in-state universities that needed remedial classes before enrolling in college level studies.
The report focused […]
The engrossed budget proposal the state House of Representatives released at the end of March includes $8 million for college financial aid, an increase of $3 million from the previous school year.
It still didn’t meet the $13.4 million requested by Gov. Janet Napolitano and the Arizona Board of Regents.
“Our goal was to make sure that […]
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 […]
Regent Education, the leading provider of financial aid management software solutions for higher education institutions, today announced the formation of a strategic alliance with College Loan Corporation. Regent and College Loan Corporation will offer financial aid management solutions that enable colleges and universities to maximize operational efficiencies and drive institutional performance outcomes.
As a top […]
Western Carolina University and Southwestern Community College have agreed to allow students who complete an associate degree at SCC to enter a baccalaureate degree program at WCU through distance education programs using a combination of online courses, interactive television courses and in-person instruction that will be offered at the community college’s new Macon Campus.
Under the […]
Western Illinois University in Macomb will be one of three pilot schools in the state for a new loan program ISAC is preparing to launch for college seniors attending Illinois institutions.
The Capstone Loan is meant to help seniors who are nearing graduation but who have run out of other financial-aid options and “really need a […]