Richardson calls for college loan help
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Presidential hopeful Bill Richardson on Saturday said a portion of college loans should be forgiven if graduates complete a year of national service.
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One student loan company took university financial aid directors on a junket to Disney World. Another paid $500 to be placed on a school's list of recommended lenders. And others showered tequila, wine and golf outings on college aid officers.
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WASHINGTON - Congressional tax writers are taking a hard look at elite US universities' multibillion-dollar endowment funds and considering steps to make them spend more of their riches to help students.
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he secretary of education called on senior members of Congress yesterday to close a loophole that has allowed student loan companies to collect more than a billion dollars in excess federal
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With the House set to take up legislation that would sharply cut subsidies to student loan companies by about $19 billion, lenders are trying to appeal to Democrats.
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Congress is trying to end a practice that unintentionally has allowed banks to take in billions of dollars meant to help students pay for college.
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It's been said that Bill Richardson would negotiate with the devil. And by some definitions, he has &#151; several times.
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By Tiffany Erickson Deseret Morning News  Schools in low-income areas could be getting some extra money that would help make up for fee waivers granted to students coming from poverty-stricken homes.
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Calling for swift reforms in the $85 billion student loan industry, Sen. Edward Kennedy released a report on Tuesday, alleging further instances of marketing misconduct among lenders and universities.
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Coach Mike Montgomery expressed concern recently that the Warriors were relying too much on Jason Richardson to shoulder the scoring load in the fourth quarter of close games.
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Several schools have sharply increased tuition to match colleges they consider their rivals, while also providing more financial assistance.
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Lawmakers want to know why the agency let a student loan company keep $278 million in subsidies that an audit found improper.
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President Bush announced several steps to help Americans who have credit problems meet the rising cost of their housing loans.
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Democratic lawmakers said yesterday that they had requested copies of correspondence between the White House and Sallie Mae, the student loan company known as the SLM Corporation, after stock sales by the chairman days before the share price fell with the release of President Bushâs budget.
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The pace of ever-rising college costs has slowed somewhat this year, and students are relying more on private loans rather than grants or other federal sources to finance their education, according to two new studies.
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The increases in the cost of higher education continue to drive up the amount that students and families borrow, according to a new report by the College Board.
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The complexity of the financial aid application that U.S. college students have to fill out hit home with Aquila Galgon when her husband, an Ivy Leaguer headed for graduate school, asked for help.