Higher Education News
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9/26/2006
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According to a new report released late Friday by the Inspector General (IG) of the Department of Education, private lender Nelnet Inc. abused a student loan loophole to generate $1.2 billion in illegitimate government payments. | |
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9/10/2007
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Friday the U.S. Senate and House of Representatives passed the College Cost Reduction and Access Act by votes of 79 to 12 and 292 to 97 respectively. The bill now goes to the President who has said he will sign the legislation into law. | |
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7/11/2007
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The US House of Representatives today passed the "College Cost Reduction Act of 2007" (HR 2669) by a vote of 273-149. The bill will substantially increase the purchasing power of the Pell Grant, the nation's premiere need based grant program which benefits millions of low income students, increasing the maximum grant amount by $100 for five years beginning in 2008-9. | |
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2/1/2005
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College textbook prices have increased at nearly four times the rate of inflation for all finished goods since 1994 and textbook publishers engage in practices that artificially inflate textbook costs, according to a new study by TexPIRG. | |
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1/29/2004
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University professors and students from around the country came together today to release a new report which finds that textbook publishers engage in a number of market practices that drive up the price of textbooks for students. | |
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1/11/2007
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A Congressional proposal to cut student loan interest rates in half will save the average lower and middle income Texas borrower $4,420 over the life of their loans, according to a new report by the Texas Public Interest Research Group (TexPIRG). | |