Tag Archives: Student loans

Reforms’ impact on deficit may be less than zero, says Hepi

Reforms’ impact on deficit may be less than zero, says Hepi | John Morgan | Times Higher Education | 25 October 2012

Analysis with revised data and modelling points to ‘serious’ consequences ahead. ‘The true cost of the new student loans system will be much higher than the government has predicted and could wipe out all its claimed savings from replacing direct public funding with higher tuition fees, according to an analysis by the Higher Education Policy Institute.

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The Parent Loan Trap

The Parent Loan Trap | Marian Wang (ProPublica), Beckie Supiano, and Andrea Fuller |  The Chronicle of Higher Education | 12 October, 2012

More than a decade after Aurora Almendral first set foot on her dream college campus, she and her mother still shoulder the cost of that choice. Ms. Almendral had been accepted to New York University in 1998, but even after adding up scholarships, grants, and the max she could take out in federal student loans, the private university—among nation’s costliest—still seemed out of reach.

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So long UK, thanks for all the loans: we’ll be in touch…

So long UK, thanks for all the loans: we’ll be in touch…. | John Morgan | Times Higher Education | 9 August 2012

EU students’ arrears figure provokes Tory ire as fears grow over repayment plans. Conservative backbenchers are pressuring the government over funding for European Union students at UK universities as the latest figures showed outstanding debt more than doubling in a year.

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Loan Changes May Curb Graduate Study

Loan Changes May Curb Graduate Study | Stacey Patton | Chronicle of Higher Education | 06 July 2012

The article discusses the student debt burden of graduate students in the U.S. in light of a July 1, 2012, expiration of U.S. federal in-school subsidies for interest accrued by Stafford loans for students seeking advanced degrees. The author profiles graduate students Michael J. Trivette and Andrew S. Belasco, both at the University of Georgia, and discusses their research related to borrowing patterns of U.S. graduate students from 1999-2008 by race and gender.

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Barclays bids to fill the postgraduate student loans gap

Barclays bids to fill the postgraduate student loans gap | John Morgan | Times Higher Education | 24 May 2012

As bank talks to BIS, critics ask how a ‘risk-share’ plan will further fair access. One of the UK’s biggest banks has put forward to ministers a proposal for a postgraduate student loans system based on a “risk-share” scheme with universities, Times Higher Education has learned.

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Taking the credit: the rise and rise of private SLC income

Taking the credit: the rise and rise of private SLC income | Simon Baker | Times Higher Education | 28 April 2011

Threefold increase in private colleges’ public loans since advent of top-up fees. Taking the credit: the rise and rise of private SLC income. Private colleges providing degrees in subjects ranging from law and finance to bible studies and acupuncture have received more than £25 million via taxpayer-subsidised student loans since top-up fees were introduced, Times Higher Education has learned.

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Colleges Scramble to Avoid Violating Federal-Aid Limit

Colleges Scramble to Avoid Violating Federal-Aid Limit | Goldie Blumenstyk | Chronicle of Higher Education | 8 April, 2011

The article reports on ways in which U.S. for-profit universities are attempting to comply with the federal government’s regulations which require that at least ten percent of their revenue come from sources other than federal student loans. It focuses on a decision by Corinthian Colleges Inc. to increase tuition for students in order to avoid violating the law and provides criticism regarding ways in which this increase will impact student loan debt.

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Mooted loans shake-up may benefit private institutions

Mooted loans shake-up may benefit private institutions | Simon Baker | Times Higher Education | 24 March 2011

Government seeks to cap loans costs through closure of loophole. Private colleges may be allowed to drastically increase their enrolment of students in receipt of public loans if they agree to underwrite the cost to the taxpayer. Under a little-known loophole, a relatively large number of private providers can already access student loans without facing a cap on their numbers.

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For-Profit Colleges Manage Defaults to Mask Problems, Analysis Indicates

For-Profit Colleges Manage Defaults to Mask Problems, Analysis Indicates | Goldie Blumenstyk & Alex Richards | Chronicle of Higher Education | 18 March, 2011

The article discusses data released by the U.S. Department of Education regarding a trial study of loan default rates for students enrolled at for-profit universities in the U.S. It examines reasons why many colleges run by higher education companies such as Corinthian Colleges, ITT Educational Services, and the University of Phoenix have reported large differences in the two-year and three-year default rates of students receiving aid.

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Can’t Work? Too Bad. Pay Up Anyway

Can’t Work? Too Bad. Pay Up Anyway | Sasha Chavkin, Cezary Podkul, Jeanette Neumann & Ben Protess | Chronicle of Higher Education | 18 February, 2011

The article examines the loan repayment policies of the U.S. Department of Education’s (ED) federal student loan programs regarding people who have been declared disabled by the U.S. Social Security Administration. It highlights former police officer Tina Brooks and former carpenter Scott Creighton, both of whom have been declared disabled by Social Security, and their experiences in having their applications for canceling their student debt rejected by the ED.

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