Today's News for
Friday, March 07, 2014
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NEWS FROM NASFAA
Many organizations have joined forces to launch a new
"multi-year campaign" on student debt, financial aid, and college
affordability. The campaign, Higher Ed Not Debt, launched Thursday morning
with an event in Washington, D.C. featuring Sen. Elizabeth Warren
(D-MA), and progressed throughout the day with a "Twitter Town
Hall" (#HigherEdNotDebt) to mobilize support and spread
Do you know if you offer nontraditional programs? This webinar, filmed Feb. 26, reviews the characteristics of nontraditional programs and coursework and the impact these types of programs have on processing and disbursing Direct Loans. Viewers will gain an understanding of how academic calendars and payment periods are determined for nontraditional programs and will be shown examples of awarding/disbursing Direct Loans for nontraditional programs. The webinar is $115 for members, $230 for non-members and no additional fee for webinar package purchasers. The webinar will be available on demand until July 26, 2014.
Use this self-study guide to review the provisions common to the Federal Supplemental Educational Opportunity Grant, Federal Work-Study, and Federal Perkins Loan programs, as well as detailed information about the individual programs. Written for the independent learner, this self-study guide includes multiple lessons with a variety of exercises to reinforce each lesson. After studying and taking quizzes to learn about the campus-based programs, you can qualify to take an examination and earn a professional credential. Order the Campus-Based Programs Self-Study Guide (PDF only) today!
"President Obama on Friday will lay out more details about the
education proposals in his budget and also discuss his
administration's efforts to get more students to apply for federal
student aid," Inside Higher Ed reports.
"When representatives of Tennessee's for-profit higher-education
sector walked into U.S. Rep. Phil Roe's office on Capitol Hill on
Wednesday, they brought with them one agenda item," The
Chronicle of Higher Education reports.
"A network of community lenders is committing to lend $1 billion
in support of President Obama's 'My Brother's Keeper' initiative
that aims to boost the life chances of young African and Hispanic
men," The Washington Post reports.
"The fees investors pay in their Section 529 college savings
plans may have hit bottom in certain states," Investment
"Students nationwide are graduating college on average, up to
$30,000 in debt and now new Illinois legislation could help offer
interest-free loans," WIFR reports.
"The US banking structure is screwed up in many ways, but
policy-wise, nothing is more destructive than FDIC insurance for
banks that do investment banking and trading as well as commercial
lending. ... But as I've been looking into the $1 trillion student
loan bubble, I've found another perverse effect of our misaligned
banking system," Rana Foroohar writes in
a Time opinion piece.
"[T]he Obama administration's Deferred Action program has opened
up possibilities for me that were unimaginable before, but my
future is still in limbo, and I'm still separated from my family
since the educational opportunities for undocumented students in
other states are not the same as in California," US Annenberg
student Miguel Molina writes in an opinion piece
for Intersections South LA.
Blogs and Think Tanks
"A report released on Thursday by the liberal-leaning group
Demos is just the latest to detail the growing cost of tuition at
public colleges, along with the shrinking amount of money that
state governments provide to those institutions," The
Chronicle of Higher Education's Bottom
"The most contentious data that might find their way into the
Obama administration's college-ratings plan are conspicuously
missing from the Education Department's current data-collection
tools: postgraduate wages," The Chronicle of Higher
Education's Data Points reports.
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