College

10/11/2007 -- In the 21st Century, a college education is more important than ever. Hillary Clinton believes it's time for a new bargain with the American people – a bargain that gives all Americans willing to work hard the tools they need to get ahead. Her plan will make college more affordable and accessible so that every American who has earned it and wants to go has the chance to get a college degree.    » read more »

10.10.07 - Columbus, Ohio – Ohio Governor Ted Strickland today released the following statement:

“I am deeply saddened and troubled by the tragic shooting at SuccessTech Academy in Cleveland today. Frances and I grieve for the families, students, teachers and administrators affected by this horrible incident. Our prayers and thoughts go out to them and to the great City of Cleveland during this difficult time. The State of Ohio stands ready to assist in any way possible in the coming days and weeks.”

Source: Ohio Governor

Warns Students About Fraudulent And Illegal Business Practices; Student Loan Marketing Companies Subpoenaed

New York, NY (October 11, 2007) - As part of an escalating investigation into direct marketing of college loans, New York State Attorney General Andrew M. Cuomo served subpoenas and document requests on thirty-three companies and lenders. The subpoenas seek information on the companies’ use of misleading and deceptive tactics to entice young borrowers seeking college loans.    » read more »

September 28, 2007 -- “The President took an important step today toward making college more affordable for millions of families by signing the College Cost Reduction Act into law. I am proud the bill provides the largest increase in student aid since the GI Bill and includes provisions I authored that cap monthly loan payments at 15 percent of the borrower's discretionary income, increase Pell Grants and allow working students to keep more of their income without losing crucial student aid.    » read more »

September 27, 2007 -- WASHINGTON, D.C. – U.S. Senator Barack Obama (D-IL) today released the following statement after President Bush signed the College Cost Reduction and Access Act of 2007 into law. This legislation passed the Senate this month and included a provision to increase the maximum Pell Grant for eligible students from $4,310 in 2007, to $5,400 by 2012. The bill also mandates that interest rates on subsidized student loans are cut in half over four years. Senator Obama sat on the Conference Committee that won these improvements in the bill.    » read more »

September 20, 2007 -- The Democratic Congress yesterday sent landmark legislation to the President that reduces college costs for millions of young people. The Democratic National Committee and College Democrats of America praised Congressional Democrats and highlighted the bills benefits for Asian American and Pacific Islander families and students:

Democratic National Committee Chairman Howard Dean, DNC Vice Chair Rep. Mike Honda (CA-15), DNC APIA Caucus Chair Bel Leong-Hong and College Democrats of America APIA Caucus Chair Suchita Shah issued the following statement:    » read more »

September 20, 2007 -- Jefferson City, Mo. — Three more Missouri universities, including the second largest university system in the state, have entered into code of conduct agreements with Missouri Attorney General Jay Nixon regarding their relationships with the student loan industry.    » read more »

September 19, 2007 -- Today the Democratic Congress sent landmark legislation to the President that reduces college costs for millions of young people. College Democrats of America issued the following statement praising Congressional Democrats and highlighting the bill's benefits for minority students.

College Democrats of America Black Caucus Chair Kevin Chambliss and Hispanic Caucus Chair Shamil Rodriguez issued the following joint statement:    » read more »

September 19, 2007 -- COLUMBUS – Every fall, credit card marketers, armed with brightly colored fliers, bombard college students with offers for free food and T-shirts, offers that have an underlying agenda. Ohio Attorney General Marc Dann and attorneys from The Ohio State University Moritz College of Law (“Moritz”) filed two lawsuits today against four companies for using deceptive advertising to persuade OSU students to apply for credit cards.    » read more »

September 18, 2007 -- Washington, D.C. – Speaker Nancy Pelosi and Members of the Congressional Asian Pacific American Caucus (CAPAC) released the following statement on the new investments made in minority-serving institutions in the College Cost Reduction and Access Act. The bill, which was signed by Congressional leaders and sent to the President today, creates a new designation for Asian American and Pacific Islander (AAPI) serving institutions:    » read more »

September 14, 2007 -- [CHICAGO, IL]- Student interest rates are on track to be cut in half as a result of legislation written by U.S. Senator Dick Durbin (D-IL) and included in the College Cost Reduction Act of 2007 that was passed by the House and the Senate last week and sent to the President, who is expected to sign the bill into law in the coming days.    » read more »

September 13, 2007 -- Cherry Hill - New Jersey Governor Jon S. Corzine today signed legislation (A3968/S2535) to assist college students with the seamless transfer of certain college credits.    » read more »

Governor urges Georgians to take advantage of state’s 529 Plan

September 13, 2007 -- ATLANTA – For the fifth consecutive year, Georgia Governor Sonny Perdue has declared September as College Savings Month in Georgia, urging families to plan and save for their children’s education and take advantage of Georgia’s 529 college savings plan. The savings plan allows for tax-free withdrawals for qualified higher education expenses such as tuition, room and board, books, fees and required equipment.    » read more »

Code Prohibits Financial Ties Between Schools and Student Lenders

September 4, 2007 -- Trenton, NJ – New Jersey Attorney General Anne Milgram announced today she had sent a code of conduct for state colleges and universities to prohibit the schools from having financial relationships with student loan providers.

The code addresses questionable practices in the student loan industry and seeks to protect students and parents from potential conflicts of interest and deceptive marketing that would steer students to more expensive loans.    » read more »

September 4, 2007 -- LANSING - Michigan Governor Jennifer M. Granholm today joined leaders from the Genesee Early College, the Genesee Intermediate School District and the University of Michigan-Flint for the ribbon cutting ceremony of the new Genesee Early College. The school is one of six across the state planned as a result of Governor Granholm's revolutionary proposal and bills she signed into law in 2007.    » read more »