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TODAY'S NEWS

today’s news for Wednesday, September 25, 2013

For more than 25 years, Access Group has served as an advocate for students and schools to ensure continued access to higher education. Our WiseBorrower® program provides students and borrowers with the information they need to make good financial decisions. Need Access, our customized web-based need analysis tool, assists schools in the awarding of institutional need- or merit-based funds. Additionally, we host the leading educational conference addressing financial aid matters for graduate/professional school administrators.

 

HEADLINES

Gov't Shutdown Would Likely Have Minimal Disruptions For Student Aid

While nothing is certain in such an unpredictable political environment, past precedent would indicate normal processing in the near future irrespective of a short-term federal shutdown. Should a shutdown become prolonged, it is possible that processing would be impacted, but at this stage it is difficult to speculate on the extent or manner of any impact.

New ABA Draft Report: Law School Financing System 'Harms' Students And Society

Law school financial aid pricing policies are "in need of serious re-engineering," according to a recent draft report from the American Bar Association's Task Force on the Future of Legal Education.

Sign Up Now For NASFAA's Fall Webinar Series

Mark your calendars - NASFAA has scheduled seven topics for the 2013-2014 Webinar Series, including Federal Update and Verification for 2014 -15. Registration is now open! If your institution or organization does not have the Webinar Package for 2013-14, it's not too late! Please note that the webinars and dates are subject to change.

Need Analysis Self-Study Guide Now Updated For 2013-14

Can you clearly explain to your students how their Expected Family Contribution (EFC) is determined? The Need Analysis Self-Study Guide reviews the calculation of a student's expected family contribution (EFC), and includes a discussion of the regular and simplified formulas as well as recalculations. Bonus material: Included with this Guide is an optional lesson on institutional methodology, developed in collaboration with the College Board. Don't wait; order the Need Analysis Self-Study Guide today.

Visited NASFAA's Career Center Lately?

NASFAA's Career Center is the definitive career resource for financial aid professionals! The Center offers free job searching and resume posting, as well as discounted job posting rates and special offers for NASFAA members. News features include easier navigation with quick links to jobs by state or function and links to current NASFAA Career Center promotions. Get more visibility when you upgrade your job posting to Preferred status – your posting will appear on the new Career Center home page as featured job in addition to appearing at the top of the job listing!

HEADLINES

National News

Infographic: International Students At U.S. Universities

The U.S. News & World Report 2014 Best Colleges rankings "include several points of particular interest to international students considering a U.S. education, including information on the highest average financial aid awards and available ESL programs," according to U.S. News and World Report.

State News

R.I. Senator Works To Manage Interest Rates On Student Loans

"After interest rates on federal student loans temporarily doubled from 3.4 to 6.8 percent in July, the U.S. House and Senate voted to pass a bipartisan bill tying student loan interest rates to market rates, rejecting a plan proposed by Sen. Jack Reed, D-R.I., that would have frozen the rate at 3.4 percent for another year," The Brown Daily Herald reports. "A market-tied system also has benefits for students and parents because student loan rates 'are more predictable and understandable,' said Megan McClean, director of policy and federal relations at the National Association of Student Financial Aid Administrators."

Opinions

Is Less College Debt Always Better?

"Should students be borrowing more, not less? The national student loan debt has now reached a new milestone at $1.2 trillion, and many experts speculate its impact on students," Dedrick Muhammad, senior director of economic programs at the NAACP, writes in The Huffington Post.

Myths That Limit Equal Access To Quality Higher Education

"A recent study from The National Bureau of Economic Research suggests that engineering student's earning potential warrants them paying more for their college tuition than liberal arts majors," Lynda Weinman, cofounder and executive chair of lynda.com, writes in The Huffington Post.

Blogs and Think Tanks

The College Degree Boom Is Leaving Poor Kids Behind

"I don't think anyone will be shocked to learn that kids with rich parents are more likely to graduate from college than kids with poor parents. But the fact that the gap is increasing-and increasing quite rapidly-is pretty striking," Slate's Moneybox blog reports.

INDUSTRY NEWS

NASFAA CAREER CENTER

NASFAA TRAINING


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