tag:edlabor.house.gov,2010:/edlabor_dem//feed/student loan 2010-12-02T20:19:26Z Movable Type 4.24-en 23 1 23 tag:edlabor.house.gov,2010:/blog//11.2206 2010-07-06T15:00:00Z 2010-07-06T14:55:33Z Kruger, Mike The USA Today highlighted some of the July 1st changes to the federal student loan program that lowered rates and made repayment easier. But before you even think about a private loan, make sure you have maxed out on your... tag:edlabor.house.gov,2010:/blog//11.2054 2010-04-29T16:45:00Z 2010-04-29T16:51:43Z Kruger, Mike Michelle Singletary at the Washington Post has an excellent column today about how students can be trapped in private student loans with no way out.She writes: "This was not a decision I made lightly," [Valisha Cooks] said. "Filing for bankruptcy... tag:edlabor.house.gov,2010:/blog//11.1950 2010-03-16T20:30:00Z 2010-03-16T20:28:19Z Kruger, Mike Gregory Cendana, President of the United States Student Association, wrote an op-ed in today's Hill about the overwhelming support for the Student Aid and Fiscal Responsibility Act by students: Students overwhelmingly support the proposal. During the 2009 National Student Congress,... tag:edlabor.house.gov,2010:/blog//11.1947 2010-03-15T15:15:00Z 2010-03-15T15:17:52Z Kruger, Mike The Washington Post editorial yesterday highlighted the value of the Student Aid and Fiscal Responsibility Act, calling it better student loans than the current option.They fact checked two myths opponents are peddling and made a strong case for passage of... tag:edlabor.house.gov,2010:/blog//11.1922 2010-03-09T17:45:00Z 2010-03-09T17:58:44Z Kruger, Mike Former Secretary of Education and current Senator of Tennessee, Lamar Alexander, published an op-ed in Sunday's Washington Post about the Student Aid and Fiscal Responsibility Act. Unfortunately, in his effort to explain why he is against something where "students are... tag:edlabor.house.gov,2010:/blog//11.1916 2010-03-05T17:45:00Z 2010-03-31T19:00:54Z Kruger, Mike Last night Chairman George Miller was on the ED show to talk about the Student Aid and Fiscal Responsibility Act. var so = new SWFObject('/jw/embed/player.swf','mpl','470','320','9'); so.addParam('allowscriptaccess','always'); so.addParam('allowfullscreen','true'); so.addParam('flashvars','&file=http://edlabor.house.gov/jw/embed/EDshow03-04-2010.flv'); so.write('player');... tag:edlabor.house.gov,2010:/blog//11.1840 2010-02-16T16:45:00Z 2010-02-16T16:43:28Z Kruger, Mike Chairman Miller wrote the following letter to the editor in Sunday's New York Times. “Industry Lobbying Imperils Obama Overhaul of Student Loans” (front page, Feb. 5) didn’t tell the whole story. In truth, lenders are fighting to save a system... tag:edlabor.house.gov,2010:/blog//11.1836 2010-02-10T18:45:00Z 2010-02-10T18:56:33Z Kruger, Mike Although today's hearing with the Secretary of Education, Arne Duncan, had to be postponed due to a blizzard in the Washington, DC area, that hasn't stopped him from making a persuasive case for passing the Student Aid and Fiscal Responsibility... tag:edlabor.house.gov,2010:/blog//11.1799 2010-01-21T16:45:00Z 2010-01-21T17:10:04Z Kruger, Mike Reuters reports today that student loan demand is at a record high. Unprecedented growth in student loans over the past two years is raising questions about whether a generation will be saddled with debt before it has even entered the... tag:edlabor.house.gov,2009:/blog//11.1777 2009-12-18T15:30:00Z 2009-12-18T15:43:44Z Kruger, Mike Today Secretary Arne Duncan published an editorial in the Wall Street Journal stating that banks don't belong in the student loan business. He starts by considering if every program within the Department of Education helps students learn and if it... tag:edlabor.house.gov,2009:/blog//11.1766 2009-12-11T19:00:00Z 2009-12-11T19:25:51Z Kruger, Mike Unlike the Wall Street Journal Op-Ed, which completely missed the perspective of students, about the Student Aid and Fiscal Responsibility Act, OregonLive.com, Oregon's leading online news source, published a student's opinion.Getachew Kassa, a student government officer at the University of... tag:edlabor.house.gov,2009:/blog//11.1756 2009-12-08T15:30:00Z 2009-12-08T15:45:07Z Kruger, Mike Pittsburgh Post-Gazette ran a favorable editorial yesterday about the Student Aid and Fiscal Responsibility Act. Unlike the Wall Street Journal's editorial yesterday, the Pittsburgh Post-Gazette focused on how this bill will make college more affordable for students. This bill would... tag:edlabor.house.gov,2009:/blog//11.1755 2009-12-07T17:45:00Z 2009-12-07T17:54:07Z Kruger, Mike Today the Wall Street Journal Opinion section missed the boat about the bipartisan effort to transform the way federal student loan programs operate via the Student Aid and Fiscal Responsibility Act. For example, they claim that this reform is a... tag:edlabor.house.gov,2009:/blog//11.1750 2009-12-03T22:00:00Z 2009-12-03T22:26:16Z Kruger, Mike The Philadelphia Inquirer ran an editorial earlier this week highlighting the increasing debt students take on while paying for college. They singled out the reforms under the Student Aid and Fiscal Responsibility Act passed by the House of Representatives in... tag:edlabor.house.gov,2009:/blog//11.1746 2009-12-01T22:00:00Z 2009-12-01T22:32:37Z Kruger, Mike Today, the Project on Student Debt released a report, “Student Debt and the Class of 2008,” providing state-by-state data on the amount of debt college students amassed. Overall, it found that "student debt continued to rise even as it got... tag:edlabor.house.gov,2009:/blog//11.1582 2009-08-27T14:15:00Z 2009-08-27T14:16:54Z Kruger, Mike CNN highlights a report (PDF) by The Project on Student Debt that found "an increasing number of college students are turning to private loans -- one of the riskiest ways to pay for schooling." Additionally, "of those who borrowed privately,... tag:edlabor.house.gov,2009:/blog//11.1488 2009-07-02T14:00:00Z 2009-07-02T14:18:27Z Kruger, Mike While highlighting some of the other benefits that started yesterday, both the Washington Post and the Daily Texan pay specific attention to the public service loan forgiveness program under the College Cost and Reduction and Access Act.The Washington Post explains... tag:edlabor.house.gov,2009:/blog//11.1485 2009-07-01T13:30:00Z 2009-07-01T13:35:54Z Chairman George Miller edlabor.house.gov Today new benefits go into effect that will make monthly student loan payments more manageable and affordable for millions of students and borrowers struggling to stay afloat in this tough economic climate. These benefits were enacted as part of the... tag:edlabor.house.gov,2009:/blog//11.1483 2009-06-30T15:46:12Z 2009-06-30T18:46:07Z Kruger, Mike Jonathan Glater has an article in today's New York Times about the good news for college students and graduates starting on July 1st. The new benefits include lower interest rates on federally student loans and an option to lower monthly... tag:edlabor.house.gov,2009:/blog//11.1476 2009-06-26T14:00:00Z 2009-06-26T14:35:12Z Kruger, Mike Today's Bangor Daily News has an excellent editorial about the Obama administrations efforts to simply the FAFSA (Free Application for Federal Student Aid) form. Some changes will be immediate, while others will be phased in over the next several years....