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February 18, 2011

Control Cost With 3-Year College Degrees?

Is standardizing 3-year college degrees one way to get higher education into shape? I see it as one way to control cost. http://ow.ly/3Z0ea 

By Heather  |  Category:  Student Debt  

February 15, 2011

Civil Legal Aid Lawyers Not Likely to Get CLAAP Again

The Civil Legal Assistance Attorney loan repayment assistance program, affectionately referred to as CLAAP (or CLAARP), looks like it’s run its course. President Obama’s fiscal year 2012 federal budget request proposes eliminating this program, and many other discretionary spending programs.  First funded in fiscal year 2010, CLAAP is authorized by the Higher Education Opportunity Act to provide up to $40,000 in loan forgiveness to civil legal aid lawyers.  In its budget request, the administration indicates that  because…

February 9, 2011

Restore fair bankruptcy rights for private student loan borrowers

Thanks to Deanne Loonin and the National Consumer Law Center for their analysis.  http://bit.ly/fKm86g 

By Heather  |  Category:  Student Debt, Student Loan Repayment  

February 8, 2011

Financial Aid Offices at the Breaking Point:  Students Getting Less Face-to-Face Counseling

Students are getting less one-on-one assistance from their financial aid offices even as their financial aid professionals are working harder than ever. In the National Association of Student Financial Aid Administrators’ (NASFAA) recent survey, 90 percent of financial aid administrators report that they have fewer resources available to provide critical student services including student loan repayment counseling. Two in three financial aid administrators said their office was facing a “moderate” or “severe” resource…

By Heather  |  Category:  Student Debt  

February 1, 2011

Department of Education listens to stakeholders’ concerns

Just finished a productive meeting with the Department of Education’s Public Service Loan Forgiveness Working Group.  The group included members of the Office of the Undersecretary, the Office of Postsecondary Education, and Federal Student Aid.  The team at the Department of Education has been working hard to develop an employment certification form and application for forgiveness. I commend the Department of Education for inviting input from me and other concerned stakeholders and look forward to continuing the conversation in…

By Heather  |  Category:    
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