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If students default on their loans, there is no bad effect for the school

If students default on their loans, there is no bad effect for the school

Promise or free tuition programs cropping up in some states are also worth examining, Perna said. New York, Maryland and other states have proposed new and expanded programs to pay college costs for eligible students. The movement toward these programs suggests an opportunity to think about how different sources of financial aid come together to ensure that all students have the financial resources that are needed to pay the cost of going to college.

Pell Grants, designed to help lower-income students, haven’t kept pace with the growth of tuition, and so over time, their purchasing power has declined, notes Perna.

An expanded income-based repayment system should be the standard for students, said Webber, with low payments or none at all for those making little money. It should be a little kinder to people at the lower end of the distribution but for people who are making more, it should be maybe not as generous as they are being right now. But we also want to provide a safety net for the people who didn’t get the same, whether it’s luck or whatever.

If you are getting the benefit of a college education and get a job that pays you a lot of money, you took out the loans, you should be paying for it

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Right now there is, frankly, very little accountability that schools have; they practically have no skin in the game.

The other big policy change Webber would like to see is substantially increased accountability for one of the major players in the student loan system: schools

A risk-sharing system that penalizes schools turning out students with higher default rates – by charging schools, say, 5% of the defaulted amount – would nudge the system in the right direction. Lees verder

SLC clarifies the position on distance learning and student loans

SLC clarifies the position on distance learning and student loans

Anyone unclear about whether the coin might come up heads or tails for a particular course (or presumably a particular pathway crafted by a students’ individual module choices) falling in between those two poles is advised to contact the Student Loans Company

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At the time various people questioned why we were even trying to make the outdated distinction but it matters because in England, home domiciled students on a course designated as distance learning don’t get a maintenance loan whereas those in attendance do, and it’s not as if ministers keen to play to the press over F2F are rushing to change the law.

And, of course, when we say in England we mean students from England, not courses in England. The course could be anywhere in the UK.

This could all be a big issue for a couple of reasons. First, there’s a whole bunch of providers getting requests from students to study remotely for access reasons, and some of those providers are formally designating some courses as being capable of being experienced in this way.

Secondly, there’s students who though a mixture https://carolinapaydayloans.org/cities/great-falls/ of luck and the modular realities underneath the averages of percentage based blended announcements are not due to get any face to face teaching this term, or least very little.

Anyway having written up the outline position from policy people, we were waiting on some more detail from SLC which itself was waiting on more detail from DfE. That’s now emerged as Student Support Information Note , which clarifies the position both in relation to attendance and residence, and international travel although we’re not sure it’s as clear as it set out to be. Lees verder

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You are Accountable for Frequently Evaluating These types of Fine print

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