Colleges & Universities
Roger Williams University Rids Donor Name From Law School
After Use of Racial Slur, Papitto Name Retracted From Law School
Angela Januzzi
July 19, 2007
House Passes Student Aid Bill
House, After Senate, Passes Bill Cutting Lender Support
Angela Januzzi
July 12, 2007
Three weeks after the Senate passed a set of measures which would cut government subsidies to loan companies, the House of Representatives also did the same. Supporters say the “budget reconciliation” bill, H.R. 2669, will allow the government to use the savings to instead increase federal grants to students. The majority of those supporting the bill were Democrats, but the criticisms of opposing Republicans questioned the extremeness of the subsidy cuts, along with the lack of money actually allocated to the grant programs taken from the $19million in savings.Major features of the legislation include:- An increase the maximum Pell Grant to $5,200 by 2001-12.
- A cut in the interest rate on federally subsidized student loans in half, to 3.4 percent, by 2012-13.
- A lifting of limits on how much an individual student can borrow from the federal loan programs, in hopes of decreasing borrowers’ dependence on private and usually more expensive loans.
- The implementation of a new grant program for student teachers. (See the June 22nd, 2007 blog here.)
Another Higher Education Conference Under Criticism
Corporations Pay at 'Sustainable Operations Summit' to Meet With University Officials
Angela Januzzi
July 10, 2007
In lieu of the National Association of Student Financial Aid Administrators’ decision to disallow lenders to be sponsors at their conferences, a new higher education conference has now come under fire. At the Sustainable Operations Summit in Albuquerque last month, a vendor could meet individually with 15 officials—for $18,500. Through private meetings with the higher administration members of universities, company representatives had as forum to network with the school officials who could potentially be their clients.
