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Malformed Campus News

Importance
1
This Tech Flop Is Hurting Our Student Loan Programs
by Education News Headlines - Yahoo! News

Mar 24, 2015
“The Department of Education’s massive computer system that stores data for more than 40 million Americans with student loans is so outdated and slow it can’t track how many people are actually enrolled in the government’s loan forgiveness and repayment programs. In January, the Department of Education said the Obama administration’s income-based repayment plans would cost about $22 billion more than originally anticipated. Originally, people could qualify if they took out loans after October 2007 and continued borrowing through 2011 – but President Obama recently expanded the program to borrowers who took out loans even before that. Yet the department’s data system has not been able to keep pace.”
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Importance
1
Students Skipping Loan Payments Aren't Deadbeats—They're Giving College an F
by Education News Headlines - Yahoo! News

Mar 19, 2015
“Like civil rights protesters marching against an entire police force, an ongoing David-versus-Goliath confrontation between a small group of protesters and the U.S. Department of Education has the potential to inspire a movement and prompt change. They say Corinthian strong-armed them into taking the loans, swindled them out of classes and books, and lied about job placement—all while the Department of Education looked the other way and ignored blatant fraud.”
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Importance
1
Must-Know Facts About Obama's Student Aid Bill of Rights
by Education News Headlines - Yahoo! News

Mar 18, 2015
“Last week, the Obama administration announced another series of initiatives to help students and families manage their student loan debt. Some are plans that can and will move forward right away, but others are suggestions for regulatory and legislative changes that may or may not happen. In some cases, the borrower doesn't understand the restrictions that student loan laws and regulations put on loan holders. The Department of Education has tried to improve those stats for federally held loans by connecting customer service survey results with student loan volume awarded to its servicers.”
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Importance
1
Can a Student Aid Bill of Rights Help Fix America's College Debt Crisis?
by Education News Headlines - Yahoo! News

Mar 11, 2015
“Now, thanks to President Obama, people who’ve borrowed money to pay for college will have a Bill of Rights too. During a speech on Tuesday to a crowd of nearly 10,000 students at Georgia Tech in Atlanta, the president announced the creation of a Student Aid Bill of Rights, four new rules that will make it easier for grads to navigate the loan repayment process. According to the Student Aid Bill of Rights, every student in America should have access to a high-quality, affordable higher education, be able to easily find the resources they need to pay for college, be able to choose an affordable repayment plan for student loans, and receive quality customer service, reliable information, and fair treatment when repaying loans. Prior to his visit in Atlanta, President Obama signed a memorandum that mandates the creation of a centralized website where borrowers can access information about how much they owe and figure out repayment options.”
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Importance
1
Understand the Consequences of Student Loan Default
by Education News Headlines - Yahoo! News

Mar 05, 2015
“Recently, the New York Federal Reserve released some alarming information on student loan defaults that indicated up to a quarter of all borrowers from the last nine years have defaulted on their loans. These numbers are much higher than the three-year cohort default rate measured and published annually by the Department of Education and show a growing trend of borrowers who are in need of information on how to use the lower payment and other options available for federal student loans. If you ask federal student loan borrowers why they defaulted on their loans, nearly all would answer that they were in financial difficulty or couldn't afford their payments. For a defaulted loan, it only gets worse.”
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Importance
1
Where to Net Scholarships for Women at All Levels of Higher Education
by Education News Headlines - Yahoo! News

Mar 05, 2015
“Since the first International Women's Day in 1911, one of those enduring achievements has been the effort to increase the number of women graduating from college. The Stephen Bufton Memorial Educational Fund is the national education fund of the American Business Women's Association, and it offers nearly a dozen annual scholarships and essay contests. Whatever your major or grade level, the SBMEF scholarship listing should be one of the first places you check. Another women-in-business organization, Executive Women International, also sponsors a sizable scholarship.”
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Importance
1
5 Alternative Sources for College Financial Aid
by Education News Headlines - Yahoo! News

Mar 02, 2015
“The average cost for a year of in-state public college tuition and fees for 2014-2015 is $22,410, according to the College Board. When you see those numbers, it's not surprising the national student loan debt balance has reached $1.32 trillion. Filling out a Free Application for Federal Student Aid is the first step most families take to help pay for higher education through government loans, but for students and parents looking for additional funds to offset college costs (and graduate with as little student loan debt as possible), efforts shouldn't stop there. Scholarships are a great (and free) way to be awarded for your achievements and get extra money for college, but with scholarship websites and organizations boasting a seemingly endless supply of awards, applying can easily become a daunting and discouraging task.”
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Importance
1
Financial Aid for Undocumented Students Is Losing Its Stigma
by NYT > Education

Feb 27, 2015
“Colleges and universities are increasingly making higher education more affordable for students for whom all federal and most state forms of financial aid remain off limits.”
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Importance
1
Find Financial Aid Funding for Apprenticeship Programs
by Education News Headlines - Yahoo! News

Feb 18, 2015
“As higher education and federal financial aid policy continues to mature, discussions are starting to focus around whether the traditional, classroom-focused model is really the most effective and financially viable option for higher education. In addition to newer delivery methods such as online degree programs, old school apprenticeships are starting to come back into vogue among policymakers and students.”
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Importance
1
Strauss: The most common college financial aid mistakes — and how to avoid them
by Education: DC Area Education News, Education Policy, School Information - The Washington Post

Feb 15, 2015
“Here is some important advice from a financial aid expert on how to avoid making the most common financial aid mistake for college-going families. It was written by Mark Kantrowitz, senior vice president and publisher of Edvisors.com, a web site about planning and paying for college. He is also co-author of the bestselling book, “Filing the FAFSA,” which is available for free download at www.edvisors.com/fafsa-bookRead full article >>”
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