News Articles About Federal Aid

Dropping out of college would surely ruffle a few feathers at home, but it seems mom and dad may not be the only ones affected. While dropping out after a year can translate into lost time and a mountain of debt for the student, now there’s an estimate of what it costs taxpayers: billions.

College Dropouts Cost Taxpayers Billions

October 12, 2010
by Suada Kolovic
Dropping out of college would surely ruffle a few feathers at home, but it seems mom and dad may not be the only ones affected. While dropping out after a year can translate into lost time and a
The Perkins Loan Program has played a vital role in the quest for higher education (mine included) since 1958 but in two years, it could end up just as extinct as dinos and dodos. Can it (and the dreams of countless students) be saved?

Save the Perkins!

September 23, 2010
by Alexis Mattera
Proposed Amendment Will Keep This Loan Alive
A financial aid officer at a for-profit college that closed this week has been charged with felony theft of more than $7,600 in students’ tuition payments. The school, Ascension College in Louisiana, closed quite suddenly to the surprise of the students there, and has been under investigation for what officials say is a misuse of federal aid.

For-Profit Colleges Face More Challenges

August 4, 2010
by Scholarships.com Staff
A financial aid officer at a for-profit college that closed this week has been charged with felony theft of more than $7,600 in students’ tuition payments. The school, Ascension College in Louisiana,
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