Posts Tagged ‘private loans’
DC Shuttle: Cracking Down on Visa Fraud
by The New England Council
July 30, 2012
On Tuesday, the Senate Judiciary Committee's Subcommittee on Immigration, Refugees and Border Security held a hearing on preventing student visa fraud and addressing "sham" institutions that commit fraud to attain visas and enroll foreign students. The hearing was held in response to a report released last month by the Government ...
Read MoreTags: DC Shuttle, federal education policy, NCLB, New England Council, private loans, student visas, teacher evaluation | No Comments
DC Shuttle: Fed Watchdog Now Accepting Complaints on Private Loans
by The New England Council
March 12, 2012
The Consumer Financial Protection Bureau (CFPB) announced March 5 that it will now accept complaints from borrowers about problems with their private student loans. These problems could include difficulty with taking out a loan, repaying an existing loan or handling a loan which has gone into default. Under the Dodd-Frank financial reform law, the CFPB ...
Read MoreTags: Consumer Financial Protection Bureau (CFPB), DC Shuttle, federal education policy, New England Council, private loans, veterans | No Comments
DC Shuttle: Obama Admin Cuts Pell Grant Overpayments, New Eye on Private Student Loans
by The New England Council
November 21, 2011
As part of the Campaign to Cut Waste, the Obama administration cut erroneous Pell Grant payments to 2.7% in 2011, the lowest it has been since 2005. White House officials estimate that reform measures saved $300 million in overpayment through the Pell Grant student aid program. The 2011 payment errors totaled $1 billion, approximately the ...
Read MoreTags: Consumer Financial Protection Bureau, DC Shuttle, federal education policy, New England Council, Pell Grants, private loans | No Comments
