Tag Archives: student

Student Loan Bill May Become Part of Health Care Package

To compensate for stalled negotiations on both health care legislation and a bill that would overhaul the country’s student loan program and improve college students’ access to federal aid, Democratic leaders proposed a solution yesterday that would move both of those hot-button issues forward—combine them, and pass them as one. Both the comprehensive health care bill, which would guarantee health insurance to 30 million uninsured Americans, and the student loan bill , which would replace private lending with direct lending through the government and increase Pell Grant maximums, have faced opposition as Democrats work to pass both through Congress before the November mid-term elections. To kill two birds with one stone, Democratic legislators proposed bundling the two bills into one last night, not only to give the proposals a better chance at passage, but to keep them alive long enough for a vote by the full Senate and House. An article in the New York Times yesterday describes the strong support a dual measure already has among the Democrats, suggesting that adding the student loan bill to the more expansive health care legislation would improve the health care bill’s chances at passage.
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Chaplains Decry Vandalism of Muslim Center

Last week, Muslim students at Brandeis University were rejoicing in their newly renovated suite in the student center’s basement. On Friday morning, the Muslim Students Association’s president walked in to find it had been vandalized overnight, with lamps turned upside down, appliances unplugged, and a Koran missing.
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Kansas Student President Proposes Cutting Cash for Student Paper

In an effort to save money, Kansas’s student government looks at the student newspaper.
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ED Releases Performance Results on Direct Loan Servicers

Yesterday afternoon, the Department of Education released the first of what will be ongoing quarterly customer service performance results for the four new federal loan servicers. The Department awarded loan servicing contracts to PHEAA, Great Lakes, Nelnet, and Sallie Mae in June 2009 to provide additional servicing capacity for loans purchased by the Department through the Ensuring Continued Access to Student Loans Act (ECASLA). Beginning in July 2010, the Department will allocate new loan servicing volume among the four servicers based on how they score in five performance areas. The Department found no differences between the servicers' default prevention efforts and statistically insignificant differences between the servicers' customer service scores.
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New Repayment Challenge for Some Student Loan Borrowers

The Ensuring Continued Access to Student Loans Act (ECASLA) successfully prevented any disruption in student loan access, but now it is making it more difficult for some borrowers to keep track of their loans. This is because a student with pre-ECASLA and post-ECASLA loans has to repay each loan separately, even if both loans have the same loan servicer. If this same student's school switches to the Direct Loan program and the student is disbursed a Direct Loan, this student will have to make three separate payments. Even if all three loans are serviced by the same loan servicer, the student will have to make three separate payments unless he or she consolidates the loans.
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Who Are Top 10 Originators of Federal Student Loans? (Student Lending Analytics)

"Sallie Mae extended the distance between itself and the rest of the field with a 47% surge in new guarantees which gives them a market share of 29%," Student Lending Analytics reports. "The consolidation of the FFELP originators continued in FY09 with the top 10 now representing 76.8% of all new guarantees vs. 71.9% in FY08. The top 100 originators now constitute 98.1% of all new guarantees vs.
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Opinion: Senate Should Support Changes in Student Aid

If approved, the Student Aid and Fiscal Responsibility Act would indeed change the way student loans are issued.
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Six Senators Urge Alternative to 100 Percent Direct Loans

In a letter to Senate Majority Leader Harry Reid yesterday, five Democrats and one Republican voiced support for reforming the student loan programs to increase Pell Grants, but urged the majority leader to consider "alternative legislative proposals" to the president's proposal to move to 100 percent Direct Loans. The Senators expressed concern about potential job losses from moving to 100 percent Direct Loans. The signers - Senators Bill Nelson (D-FL), Tom Carper (D-DE), Blanche Lincoln (D-AR), Jim Webb (D-VA), Mark Warner (R-VA), and Ben Nelson (D-NE) - all represent states with FFELP-based employers.
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Amber Hanley, College Student, Stiff Arms Ben Roethlisberger, Drinking Champion – CBS News

New York Daily News Amber Hanley, College Student, Stiff Arms Ben Roethlisberger, Drinking Champion CBS News (CBS/AP) Amber Hanley, a 21-year-old college student who met NFL star Ben Roethlisberger in a Georgia bar, says the Steeelers quarterback wanted more than a ... Report: Roethlisberger's accuser has dropped out of college Atlanta Journal Constitution Ben Roethlisberger's latest accuser called hysterical, drops out of college ... Examiner.com Pittsburgh Steelers Quarterback Ben Roethlisberger Accused of Assaulting ... ABC News The Tribune-Democrat
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Student Government Pays for Rally to Kill Student Government

A student organization at the University of Nevada at Reno, UNR Students for Liberty, held a rally Monday to call for the abolition of student government. With balloons, ponies and pizza, the rally cost about $3,000. KOLO-TV News reported that the group got that money from ... the student government.
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