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12 juillet 2014

What’s Next? Prospective Student-Loan Messes

By Brian Mathews. I highly recommend reading:  “ARL STRATEGIC THINKING & DESIGN – membership meeting Columbus May 5–8, 2014.” It is one of the most thought-provoking items I’ve seen from library-land in quite a while. As someone on the younger side of library leadership, I sometimes worry about my role over the next few decades. More...

12 juillet 2014

Student Loans Company chief offered to resign over 'misleading' debt letters

The Guardian homeBy Press Association. Universities minister David Willetts says he has confidence in Christian Brodie's leadership of the company. The chairman of the Student Loans Company (SLC), Christian Brodie, has apologised to ministers and offered to resign over "misleading" letters sent out by the agency in an attempt to recover debts, it has been revealed. More...

12 juillet 2014

Student loans chief offered to quit over Wonga-style letters

http://t2.gstatic.com/images?q=tbn:ANd9GcSoQTWRsBvjCbs_LMFsFghL7rCYnNTmB1LkWqkyra9lZrNRU1SQGVddb74By . David Willetts, the Universities Minister, criticises 'misleading' debt collection letters used by the Student Loans Company, but insists its chairman should not quit over the affair.
The head of the Student Loans Company offered to resign over "misleading" Wonga-style letters sent out by the agency in an attempt to recover debts, it has emerged.
Christian Brodie apologised to ministers after it emerged that around 309,000 ex-students had been sent letters from a fictitious company chasing up late payments. More...

12 juillet 2014

Ontario university students packing large debts

By Hank Daniszewski. Students are leaving Ontario universities with more than degrees — they’re also packing large debts that will take years to pay off. Hank Daniszewski reports on a new survey that exposes gaps in the province’s student loan program.
Ontario’s student loan program is failing an “alarming” numbers of university students, the president of a students’ group says. More...

7 juillet 2014

Analysis of publicly funded load & student numbers by state and provider type

LH Martin InstituteBy Leesa Wheelahan. The analysis in this paper is based on the National Centre for Vocational Education Research’s (2014) Students and Courses. It consists of two tables, both of which have been derived from Table 15 in the Australian and State and Territory tables. The paper shows changes in the number of publicly funded students and changes in the number of full-year training equivalents (or student load) from 2009 – 2013 in each state. It also shows the share of publicly funded student numbers and student load by provider type (TAFE, adult and community education and private providers) in each state. More...

5 juillet 2014

The 4th Student-Loan Mess: Dread and the For-Profit Bubble

By . Our fourth chapter turns attention to the for-profit education industry, a niche dominating higher-education news today. Since the beginning of the book club, the for-profit education companies Corinthian and Education Management Corporation have received unprecedented protection from the U.S. Department of Education, which is acting as a sort of guarantor, propping up their struggling institutions while they are prepared for sale. More...

5 juillet 2014

New Research Points to Gaps in Student-Loan Counseling

By . Each year a larger share of new graduates leave four-year colleges with student-loan debt, and the average balance of those who borrowed is higher, too. Student-loan default rates are on the rise. With those trends in motion, questions of how well students understand their debt have taken on new urgency. More...

5 juillet 2014

Duncan on Ratings and Debt

HomeBy Doug Lederman. Like many of his predecessors, Education Secretary Arne Duncan is known mostly as a K-12 person; that’s his background and clearly his passion, and much of the department’s work is in what happens to students before they get to college. And not surprisingly, as a result, his public speeches and statements tend to veer toward K-12 (and increasingly early education) more than higher education. Read more...
5 juillet 2014

Student Loans Company debt collection letters lead to calls for compensation

http://static.guim.co.uk/static/c55907932af8ee96c21b7d89a9ebeedb4602fbbf/common/images/logos/the-guardian/news.gifBy . Business secretary to meet agency about tactics in which more than 300,000 graduates sent misleading 'Wonga-style' letters. The Student Loans Company is facing calls to compensate more than 300,000 graduates sent misleading "Wonga-style" debt collection letters, as it emerged that the business secretary, Vince Cable, is to meet the agency to question its tactics. More...

5 juillet 2014

Has your bank sent you a letter from a 'pseudo' solicitors firm?

http://static.guim.co.uk/static/c55907932af8ee96c21b7d89a9ebeedb4602fbbf/common/images/logos/the-guardian/news.gifBy , and . Banks and the Students Loan Company have come under fire after sending debt collection letters from 'pseudo' solicitors' firms. We'd like to hear from people who have experience of this. More...

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