Post Academic

News maybe you can use: Student loan reform

Posted in Surviving Grad School,The Education Industry by Arnold Pan on March 30, 2010
Tags: , ,

Caroline’s post yesterday about student loans was a particularly timely one, in light of today’s ceremonial signing of student loan reform into law by the Prez at Northern Virginia Community College.  Largely overshadowed by the monumental health care reform bill/law that it is attached to, student loan reform is one of the those things pretty much everyone agrees with.  Even more obscured is how the new law, which, as the AP explains it, “strips banks of their role as middlemen in federal student loans and puts the government in charge,” might impact graduate students, since the focus, rightfully enough, will be on how to get students into undergraduate programs and community colleges.  Searching briefly online, I found one impact that the law will have on graduate student loans, via tax credits.  Per the Washington Post: “In addition to increasing Pell grants, the administration has expanded tax credits for higher education, and is increasing funding for programs to help colleges retain and graduate students.”

If anyone knows how and when student loan reform will affect graduate students, please feel free to drop us a line or post a message in the comments section.  Thanks!

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