The state Legislature last week quickly pushed through and unanimously passed legislation to prohibit revenue sharing agreements between colleges and student loan companies after Attorney General Andrew Cuomo began investigating these practices two months ago.
“New Yorkers will have the confidence in knowing that state law will be on their side when dealing with the college [...]
It’s a good thing you got that college education. You can put it to good use navigating the complex maze that is the student loan industry as you consider whether to consolidate your federal student loans.
For those who have never done it, it’s a question that comes up every year in anticipation of the [...]
Though much news recently has focused on the problems in selecting a student-loan provider — thanks to allegations that some lenders and financial-aid offices have been in cahoots — for many students graduating this spring, the larger issue is how to pay back all that debt.
It’s no small matter. The median debt load for graduates [...]
Some lending companies with access to a national database that contains confidential information on 60 million student borrowers have repeatedly searched it in ways that violate federal rules, raising alarms about data mining and abuse of privacy, government and university officials said.
The improper searching has grown so pervasive that officials said the Education Department is [...]
New York state is offering colleges settlements in its investigation into student loan kickbacks if the schools promise to follow a code of conduct, according to published reports.
Attorney General Andrew Cuomo sent settlement agreements to colleges around the country, the Chronicle of Higher Education reported Friday. If the colleges didn’t sign, Cuomo threatened to serve [...]
HARRISBURG – The state’s student loan agency, already the focus of negative publicity for its travel expenses, has a new critic.
The governor.
“It has to have a total housecleaning,” Gov. Rendell said of the Pennsylvania Higher Education Assistance Agency. “When the cost of college is more and more challenging to Pennsylvanians and their families, we can’t [...]
Learn.com®, the leader in on-demand workforce development and productivity, announced today that American Student Assistance (ASA), the nation’s original student loan guarantor, headquartered in Boston, Massachusetts, has selected the LearnCenter® talent management suite to develop, deliver, and track interactive on-demand training and development for employees of all levels throughout their organization.
“After reviewing the talent management [...]
Everyone knows that getting an education is expensive. Student loans are available to most students for tuition, but what about the other expenses? You need books and supplies, a lap top as well as funds for room and board. To make matters even more challenging; should you decide to take on a full load of [...]
Combine the rising costs with increased pressure on schools to offer the most accurate and complete loan option information to families and/or students, and it is no surprise that Senator Ted Kennedy’s Student Loan Sunshine Act, a bill that – if passed – will require all higher education institutions that accept federal funds to publicly [...]
Fitch Ratings said today that consistent increases in tuition costs and enrollment levels have combined to produce substantial growth in the U.S. student loan industry over the last decade. Moreover, participants in the Federal Family Education Loan Program (FFELP) have benefited from this trend, but private education loan providers have experienced even greater growth, as [...]