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by Emily

Last week, we blogged about states and loan companies making cuts to student loan forgiveness programs.  The New York Times initially ran a piece on these budget cuts and has followed up this week with a chart of state loan forgiveness programs and their current financial status.  If you're planning on using one of these programs to cancel some of your student debt after college, you can head over to their website to see if your program is among those facing potential budget cuts.  If you don't see it listed, The New York Times is encouraging people to contact state and local loan forgiveness programs and report back with details.

While many state programs are facing cuts, federal loan forgiveness programs have expanded in recent years. New federal options include a public service loan forgiveness program and a repayment plan set to debut next month that will forgive students' remaining balances of federal student loans after 25 years of income-based payments. Congress has also approved more funding for Americorps, which can help volunteers pay for school. Cancellation programs for Perkins Loans may also become more popular if an expansion to the Perkins Loan program is approved in the 2010 federal budget.

Regardless of the state of your loan repayment and forgiveness options, keep in mind there is free money out there.  Grants and scholarships are available for virtually every student based on any number of characteristics and criteria.  For example, many groups offer nursing scholarships and education scholarships, among other major-specific awards.  To find out more, do a free college scholarship search.

by Emily

Loan forgiveness programs have been helping encourage students to enter careers in fields like education and nursing for years.  Such programs are typically offered by state student loan agencies or non-profit organizations, and are often well-publicized to prospective college students.  In many cases, students have borrowed liberally, banking on having a substantial portion of their student loans forgiven after five or ten years of work in their field.  But budget cuts and stock market woes have been forcing agencies to make cuts to their loan forgiveness programs, in some cases almost entirely eliminating them.

Kentucky, Iowa, California, and New Hampshire are some of the states that have made changes to loan forgiveness programs, according to The New York Times.  Even if you don't live in one of these states, if you're banking on having your student loan debt forgiven after you graduate college, you may want to see what guarantees there are that your state's program will still exist in its present form.  Make sure you know how much of what you borrow you can expect to repay, even in a worst case scenario.

Regardless of repayment and forgiveness options, it's still a good idea to minimize your borrowing by finding scholarships and practicing good money management.  Nursing scholarships and education scholarships are out there, as are numerous other scholarship opportunities.  There are also several federal loan forgiveness programs for teachers, nurses, and other public service employees.

by Emily

Yesterday, President Obama signed into law a bill to expand Americorps, a national service program that provides small stipends to people of all ages engaged in volunteer work throughout the country.  The act, officially known as the Edward M. Kennedy Serve America Act, paves the way for Americorps to grow in size from its present 75,000 volunteers to as many as 250,000 volunteers by 2017.

In addition to creating more volunteer positions, the Serve America Act will also increase the education stipend for volunteers to $5,350, the same amount as Federal Pell Grants.  This will enable more recent graduates and people currently attending college to participate in Americorps programs, which are becoming an increasingly popular alternative to employment in the current economy.

The national service bill, sponsored by Senator Kennedy, quickly made its way through both houses of Congress, receiving bipartisan support, as well as a ringing endorsement from President Obama, who has long been a proponent of community service.  Congress still needs to find funding for Americorps to begin to expand, but a provision to provide an immediate 25% increase in funding to the program was included in Obama's 2010 budget proposal.

by Casandra Pagni

At 18, I was going to be a lawyer. I had the next four years of my life planned out well. I was to attend the University of Michigan, double major in political science and economics, take the LSAT, attend law school, pass the bar and go from there. I even got into arguments with my older brothers when they told me to be open-minded as I left for school. But life took a few turns — some of them sharp — between then and now.

I chose Michigan for its large campus, student diversity, and rigor in academic disciplines. Okay...I confess. At 18, I chose Michigan because of the Big Ten sports. I was ready to see national championships first hand. But as my sports expectations came crashing down, the other things that Michigan offered began to shine. I joined a sorority. I played intramural sports. I went to concerts, saw the Dalai Lama and wrote for the campus newspaper. I followed the hockey team to the Frozen Four. Oh yeah, and I studied, too! I took and enjoyed classes with incredibly passionate professors.

I can't pinpoint the exact moment I knew I was going to become a teacher, but the person I became at Michigan is a more relaxed and open-minded version of the 18-year old aspiring lawyer I once was. I am now the ecstatic recipient of a degree in English and a high school teaching certificate. I am also committed to writing whenever and wherever I can and to making real changes in the way writing is taught today.

As a recent college graduate smack-dab in the middle of a job search, I plan to combine my passion for writing with my absolute love for the college years to bring you weekly posts with tried and true advice, honest perspective and a little bit of humor along the way. As a Scholarships.com virtual intern, I'll be looking back while looking ahead.

by Chris Poshek

Hello everyone! I am really excited to be a virtual intern at Scholarships.com and look forward to writing for you and, in turn, hearing from all of you in the next few months. Here’s my story:

I began my college career at Alexandria Technical College and received my associate degree in applied science degree in computer voice networking. Unfortunately, I was laid off twice in the last three years in that field so I returned to school at Bemidji State University and am currently working toward a degree in early childhood education. Deciding on my major was easy: I have epilepsy and so does my daughter and in addition to working and attending college, I’ve been able to work with several non-profit foundations on some very rewarding projects. When I am not taking classes, I’m an outdoorsy person who loves to fish and hunt. I also am an avid sports fan, especially when it comes to my Minnesota teams. I also enjoy reading, listening to music, dancing and spending time with my family.

So, what will I write about on this blog? Well, the future of education seems to be taking learning online. I have some very useful experience in that area and this kind of education is far different than taking classes in a classroom. As a virtual intern for Scholarships.com, I look forward to helping college students seek out everything they need to make their time in school and their lives after college successful. Can’t wait to get started!

by Alexis Mattera

Assessing students’ writing skills takes a keen eye, an open mind and – sometimes – a lot of red ink. In an effort to save some green, however, Illinois has eliminated its last standardized state writing exam.

The writing assessments for elementary and middle school students were dropped last year but now Illinois high school juniors no longer will be tested on writing skills. Though the move is saving the state about $2.4 million, educators are worried it will impact the focus on and resources for writing skills in Illinois classrooms. They speculate reading and math will take precedence, as these two subjects are used to measure public schools’ performance under the No Child Left Behind Act. According to Barbara Kato, director of the Chicago Area Writing Project, there has already been a shift: When the state nixed the elementary and middle school grade school writing tests last year, requests for teacher training in writing instruction plummeted.

Oregon and Missouri have also eliminated writing-centric exams but others, like Washington, have managed to preserve funding despite serious budget deficits. What do you think about Illinois’ educational editing? Do you think eliminating the writing exam will be doing a disservice to students?

by Agnes Jasinski

Samantha P. spent her childhood in Akwesasne, a Mohawk Nation territory on the New York-Canada border. When she moved from her Mohawk-language elementary school to an English-language middle school, she saw students from her reservation struggling with the abrupt transition and knew where her future would lead her. To help Samantha complete a degree in Education at the State University of New York at Potsdam and prepare for a career helping students from her community excel in both English and Mohawk, Scholarships.com has named Samantha the 2009 recipient of the annual $1,000 College Education Scholarship.

Scholarships.com has been awarding Area of Study College Scholarships since summer 2008 to help students like Samantha meet their college and career goals. The competition grants a $1,000 scholarship each month to a high school senior or undergraduate student planning to pursue a career in one of 13 areas of study, such as Education.

"Education is an important field in need of passionate and forward-thinking individuals," said Emily Hilleren, Director of Content for Scholarships.com. "Samantha’s dedication to her area of study and commitment to a multicultural approach to teaching made her entry stand out among the numerous applications we received. Scholarships.com is honored to play a role in funding her college education with this scholarship award."

Scholarship applicants are asked to describe what influenced their career choices. In her essay, Samantha described her goal of becoming an English teacher near the community where she grew up, so that she could “incorporate traditional Mohawk stories like ‘The Creation Story’ with classics like ‘Romeo and Juliet’” to instill in her students a passion for reading and writing. “I want my students to be chameleons and blend into the world of the Mohawk culture and the English world that surrounds them,” she wrote.

The Scholarships.com Area of Study Scholarships are open to all U.S. citizens who will be attending college in the coming fall, regardless of age, test scores or grade point average. To apply for the Scholarships.com Area of Study College Scholarships, students can conduct a free scholarship search and complete an online scholarship application.

A complete list of Area of Study scholarship winners as well as their winning essays is available on our Student Winners page.

by Emily

Reducing college costs continues to be a hot topic of discussion, especially given survey results that show that college affordability is a growing public concern.  Recent congressional acts, including the education provisions in the stimulus bill President Obama will sign today, the Ensuring Continued Access to Student Loans Act of 2008, and last year's reauthorization of the Higher Education Act, have kept the issue in focus, as have economic events, such as losses to 529 plans, rising unemployment, and new financial troubles for colleges.  A wide range of ideas have attracted the attention of lawmakers and the media, including several suggestions making the rounds this month.

Jesse Jackson recently wrote an article in the Chicago Sun-Times suggesting that Congress pass a law to offer a 1% interest rate on federal student loans, including Stafford Loans and PLUS Loans.  The Minneapolis Star-Tribune ran a column in January that went even further, suggesting that the federal government forgive all student loan debt.  Meanwhile, Lamar Alexander, a republican Senator from Tennessee, has gotten some publicity for suggesting that more colleges offer three-year paths to degrees, as one of many potential cost-saving measures.  Some states are looking into "no-frills" universities, and partnerships between state colleges and community colleges are also gaining traction as cost-saving options.

So we were wondering what people who are in the process of paying for college think.  What would you like to see happen to make college more affordable and reduce the burden of student loan debt on college graduates?

Pursuing a career in education shows a commitment to increasing knowledge and improving the lives of others. However, in order to become an educator, you need a college education, and the prospect of a teacher's salary can make many students reluctant to borrow heavily to achieve this goal. Thankfully, there are a number of education scholarships that offer future teachers an alternative to student loans. One of them is this week's Scholarship of the Week, the Scholarships.com College Education Scholarship. High school seniors and current undergraduate students are invited to write a scholarship essay explaining what influenced them to pursue a career in education for a chance to win a $1,000 college scholarship.

Prize: $1,000

Eligibility: Applicant must be a U.S. citizen, a registered user of Scholarships.com, and an undergraduate student or a high school senior who plans to enroll in a college or university in the coming fall. Applicant must have indicated an interest in Child Care/Education, Education, Health Education, Music Education or Special Education.

Deadline: August 31, 2009

Required Material: Completed online scholarship application, including essay of 250-350 words answering the question, "What has influenced you to pursue a career in education?"

Further details about the application process can be found by conducting a free college scholarship search on Scholarships.com. Once the search is completed, students eligible for this scholarship award will find it in their search results.

Perhaps, for the time being, American colleges (see Harvard, Princeton, Yale, etc.) are among the most desirable in the world, but there is some concern that this might not always be so and that perhaps this shouldn't be taken for granted.

Before Toyota started shipping automobiles to the United states in ever-increasing quantities, General Motors ruled. The American car was king in the U.S. and led all other auto companies world-wide for three quarters of a century. That began to change in the 80's and now it is not uncommon, even right here in the heartland of America, to see more Japanese cars on your morning commute than those manufactured in the United St. Could we have learned a lesson from Japan? Taken a page from their playbook maybe and avoided the enormous failure and subsequent government bailout of what was once the auto sales leader for 77 consecutive years? There are those who believe education is set on a similar trajectory. Here are five things we might want to consider:

1. Building Human Capital While college costs continue to rise in the U.S. and it becomes more and more difficult for high school grads to attend college, China is making sure its young people have an opportunity to get a post-secondary education. Apparently they, along with other East Asian countries, see a strong connection between the education of its citizens and its burgeoning economy and are working to build human capital to ensure continued growth and success.
2. Policy May Set Pace China is set to outpace the U.S. not just in college grads, but also in world-class universities. This is primarily due to the amount of importance they place on education and the funding they commit to seeing that it succeeds. If we are to have any hope of keeping up with China, India and Japan in the coming decades, we may want to consider a similar approach and learn from the success of these programs and their dedication to higher education.
3. Beware Hubris It's probably not a good idea to assume that, because there presently are no Asian institutions listed among the top 20 worldwide, there won't soon be. According to Yale's president, Richard C. Levin, there is likely to be some change in the coming years, with National University of Singapore one of the schools likely to break into the top twenty.
4. Eyes on Asia It might be a good idea to take a serious look at some of the programs the most successful schools in Asia have implemented and consider building some of our own in select institutions, for a start. Getting students involved in more global, real-life situations and positions earlier, for example, might be something we should be doing more of.
5. If You Can't Beat 'Em OK, it may be a bit early to admit defeat and, if we step it up a bit, maybe concession won't be necessary, but working with Asian universities could be among the key steps we could take to improve the quality of the education we offer in the U.S.