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Tag Archives: obama
NSF Director Touts Administration’s Budget Plan
The director of the National Science Foundation explained numerous changes that the Obama administration aims to make in the agency's approach to science research and education in testimony before a Congressional science panel Wednesday. Arden L. Bement Jr., who is leaving the NSF to head a research center at Purdue University, told members of the House of Representatives Science Committee about the administration's plan to continue a drive to double spending on the physical sciences and to revamp funding for minority college students in science fields.
Posted in College News Also tagged agency, congressional, double-spending, house, leaving-the-nsf, national, physical, representatives, research-center, revamp-funding, science-panel, the-physical, told-members Leave a comment
Opinion: Senator Lamar Alexander Is Making Things Up (Chronicle of Higher Education)
"With the prospect of President Obama's student-loan bill passing through the budget reconciliation bill fast approaching, Senator Lamar Alexander (Republican of Tennessee) took to the Washington Post op-ed page to tell some lies about the bill," Kevin Carey, the policy director for Education Sector, writes in the Chronicle of Higher Education. "It's not a secret that the government will be lending money for more than that money costs. All lending programs work this way. The difference is that currently the money left over after paying people to administer the program is used to line the pockets of bank shareholders and executives whereas under Obama's plan it will be used for Pell grants that benefit low-income students."
Posted in Financial Aid Also tagged government, kevin-carey, money, president, president-obama, prospect, senator-lamar, the-government Leave a comment
Opinion: Opposing View — Save Consumer Choice (USA Today)
"Before the Obama presidency, approximately seven of 10 schools chose the private-sector based student loan program over the one favored in SAFRA," writes Richard Hunt, president of the Consumer Bankers Association, in USA Today. "They did so because the service quality was higher and because, at least before the economic crisis, loans under the private-sector program were less costly to borrowers. In elections and in basketball, a 70-30 victory would be considered a rout. Most would assume the victor was superior to the loser."
Posted in Financial Aid Also tagged association, based-student, economic, least-before, over-the-one, private, program-were, richard-hunt, service-quality, usa Leave a comment
Miller & Petri: Congress Can End Corporate Welfare on Student Loans (Roll Call)
"In a Guest Observer in these pages last week, Jack Remondi, the vice chairman of Sallie Mae, the nation's largest and most profitable student loan company, argued that banks have a 'bipartisan' solution for student loan reform. That's where we -- a fiscally conscious Republican and Democrat -- say 'we don't agree,'" write Reps. George Miller (D-CA) and Tom Petri (R-WI) in Roll Call. "As the Senate prepares to consider President Barack Obama's proposal to fix our federal student loan programs, banks are spearheading a last-ditch effort to kill it -- with a wink and a smile."
Posted in Financial Aid Also tagged federal, guest-observer, loan-programs, most-profitable, remondi, senate, student-loan, the-nation, vice Leave a comment
17 States Pledge to Improve College Graduation Rates
Seventeen states across the country have joined together in a pledge to improve college graduation rates as part of the Complete College America Alliance of States. The alliance, announced today, is led by Stan Jones, Indiana’s former commissioner for higher education, and the Washington-based nonprofit group Complete College America . It is part of a larger, national effort led by President Obama of making the United States the most educated country by 2020. The main goal is to raise the number of adults between 25 and 35 with associate’s or bachelor’s degrees from 38 percent to 60 percent. How will they do it? According to Complete College America, a number of things need to happen to develop action plans and move legislators to create change
Posted in College News Also tagged college, College News, complete-college, education, Financial Aid, graduation-rates, higher-education, national, president-obama, project, state news Leave a comment
Racist fliers distributed at UW-Oshkosh, St. Norbert College – Milwaukee Journal Sentinel
WTAQ Racist fliers distributed at UW-Oshkosh, St. Norbert College Milwaukee Journal Sentinel By AP "White pride" fliers turned up at the University of Wisconsin-Oshkosh on Monday and last Thursday at St. Norbert College in De Pere. ... Probe Into Racist Flyers On 2 College Campuses Continues WTAQ Students role-play nuclear threat summit as President Barack Obama prepares ... Green Bay Press Gazette all 32 news articles
Posted in College News Also tagged campuses-continues, fliers-turned, monday, news-articles, president, press-gazette, university Leave a comment
New Calculation Finds Less Savings for Government in Student-Loan Industry’s Plan (Chronicle of Higher Education)
"The nonpartisan Congressional Budget Office, at the request of Democrats, made another review of the latest alternative the industry proposed to President Obama's plan to end the bank-based loan program. And the budget office concluded the industry plan would save taxpayers about $8.5-billion less than would the Obama administration's plan," the Chronicle of Higher Education reports. "The budget office has estimated the president's plan would save nearly $87-billion over 10 years by ending federal subsidies to private student-loan companies and instead supplying all student loans directly to students through the Education Department."
Posted in Financial Aid Also tagged 87-billion-over, budget-office, democrats, ending-federal, industry, president, the-industry Leave a comment
Obama Extends U.S. Efforts for Black Colleges (Inside Higher Ed)
"President Obama on Friday signed a renewal of the executive order on federal efforts to assist historically black colleges," Inside Higher Ed reports. "While the executive order itself follows the form of orders in previous administrations, the head of the Obama administration's effort for the colleges said that the executive order would set off a change in philosophy on how the government could work with the institutions. The order itself authorizes the continuation of an office in the Education Department to focus on ways that all federal agencies can work with and support historically black colleges. "
Posted in Financial Aid Also tagged all-federal, colleges, continuation, executive, federal-efforts, focus-on-ways, government, inside-higher, institutions, order-itself, president-obama, the-colleges, the-executive Leave a comment
Flunking Banks Out of College (CNNMoney.com)