When asked by the Chronicle of Higher Education why the chain of for-profit schools he oversees had such a high three-year cohort default rate, Arthur Benjamin, the chief executive of ATI Career Training Center, cited the fact that his institutions did not provide loan counseling after two years. What’s funny about that explanation is that [...]
All Posts Tagged: 'Federal Family Education Loan Program'
Federal Student Aid’s Annual Report
Federal Student Aid (FSA), the office within the U.S. Department of Education that handles loans and grants, recently published its fiscal year 2009 report. This document provides a lot of interesting information about the general state of federal postsecondary assistance and also rates the office’s performance over the past year. It’s a fairly long document, [...]
Big Lending Speaks
Today’s Washington Post business section has a front-page article discussing big lending’s efforts to fend off proposed cuts to student loan subsidies. Two thoughts:
First, Sallie Mae and its fellow big-lenders need to move on from trying to sway policy through lobbying pushes, public relations campaigns, and campaign contributions. Instead, it’s time they propose some policy [...]






Lowering Student Loan Default Rates: What One Consortium of Historically Black Institutions Did to Succeed
College and Career-Ready: Using Outcomes Data to Hold High Schools Accountable for Student Success