NASFAA Releases “Code of Conduct for Institutional Financial Aid Professionals”
Student Loan Watcher @ May 31, 2007 # No Comment Yet
National Association of Student Financial Aid Administrators (NASFAA)Â Â
Statement of Ethical PrinciplesAndCode of ConductFor
Institutional Financial Aid Professionals
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Prologue
In April 1999, NASFAA’s Board of Directors adopted a 12-point Statement of Ethical Principles that has served as a common foundation for accepted standards of conduct for the financial aid professional. Recognizing that the primary [...]
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Making Progress on Student Loans
Student Loan Watcher @ May 30, 2007 # No Comment Yet
Margaret Spellings responded to the recent troubles of the student loan industry today in a letter to the editor published in the Washington Post. Spelling has been under fire recently as the Secretary of the U.S. Department of Education. After her testimony in front of Congress where she was accused of sitting idly [...]
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Tax Credit for College Students
Student Loan Watcher @ May 29, 2007 # No Comment Yet
Think of it as an investment in our future. With the growing cost of education and the growing number of graduates facing loan payments beyond their monthly salary, something needs to change.Â
Maine is attempting to do just that thanks to the help of Anya Kamenetz, author of “Generation Dept”. Last week, the [...]
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Dishonesty on Campus
Student Loan Watcher @ May 24, 2007 # No Comment Yet
With all the student loan scandal and campus violence lately, we are left to wonder what is going on at our colleges and universities across the nation. On top of all the severe problems that are creeping onto campuses, there is also a sharp increase in cheating on exams, fabricated resumes of professors, and [...]
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Student Loan Payback
Student Loan Watcher @ May 23, 2007 # No Comment Yet
May is a great month for college students. Exams are over, summer is starting, and for many, graduation is a time to celebrate. As graduates begin to make their way out into the world, one tiny little obstacle stands in their way. Student loans are one thing that nobody looks forward to [...]
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Educate or Incarcerate?
Student Loan Watcher @ May 23, 2007 # No Comment Yet
California is on the brink of a very disturbing reality. Within five years, the state will be spending more money to jail inmates then it will on educating its youth in public universities. As students struggle to afford a higher education, $7.4 billion is in the budget for new housing for increases in [...]
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Graduated? Time to Start Repaying Those Loans
Student Loan Watcher @ May 21, 2007 # No Comment Yet
So you’ve done the hard part. Congratulations on your graduation. Great job. Oh one last thing, time to start paying off those student loans. If you are like most graduating college students, you may a little unclear how things work. Time to figure it out.
The first good news is that [...]
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Invest in Stock Market Rather Than Student Loans?
Financial Aide @ May 18, 2007 # No Comment Yet
Some news has been brought to the forefront of the loan industry recently thanks to Jim Cramer from Mad Money. Cramer gave the advice to invest in the stock market now and pay off your student debt later. Cramer stated “I think prudent investing is defined by being diversified, and owning a basket [...]
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Election 2008 - Student Loans the Hot Topic
Student Loan Watcher @ May 17, 2007 # No Comment Yet
With the 2008 presidential election now just 18 months away, a few candidates have started to state their intentions with regards to higher education and the student loan industry.
Democratic hopeful John Edwards has already issued some very detailed proposals. His plan aims to abolish the guaranteed student loan program. He plans on using [...]
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Good Advice and Free College?
Student Loan Watcher @ May 15, 2007 # No Comment Yet
So many questions, so few answers. Get some good advice and for those of you living in Michigan, how about free college? Just some of the news for today.Â
Advice for Student Borrowers - great article from the Houston Chronicle with some frequently asked questions about how to start the process of paying [...]
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