University of North Carolina Lays Down Own Rules About Lenders

Angela Januzzi

July 17, 2007

In the past few months, in the wake of the loan scandals surrounding set lending rates for certain schools, the Education Department proposed that colleges and universities who participate in the federal guaranteed loan program are to offer a minimum of three lenders to students. Individual schools, however, have begun imposing their own regulations.

Barnard Makes Moves Against Private Loan Trend

Angela Januzzi

July 16, 2007

College Board data released last year shows that students’ borrowing of private loans has increased annually by twenty-seven percent every year since 2000. Private loans now comprise twenty percent of student loan volume, when only a decade ago they comprised only four percent.

Colleges and Universities Work to Develop Common Stats Formats

For Prospective Students

Angela Januzzi

July 6, 2007 

In a market of ever-growing college tuition costs, Secretary of Education Margaret Spellings has suggested that Congress work towards legislation that would create a financial aid costs. Rather than be legally bound to do so, however, associations representing many state universities, mid-sized universities, and colleges are working together to create such a format on a voluntary basis.