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Financial Aid

NEWS
January 29, 2012 | By Christi Parsons and Kathleen Hennessey, Tribune Washington Bureau
ANN ARBOR, Mich. - President Obama embraced the idea of federal action to restrain the rapidly increasing cost of higher education, giving a boost to a policy idea that has been gaining steam. His proposal that colleges and universities cut costs or risk losing out on some federal aid was part of a larger package of "college affordability" ideas that the president unveiled Friday in a speech at the University of Michigan. Obama wants to increase funds for higher education, mostly through an expansion of federal loan programs.
NEWS
January 28, 2012 | By Christi Parsons and Kathleen Hennessey, Tribune Washington Bureau
ANN ARBOR, Mich. - President Obama embraced the idea of federal action to restrain the rapidly increasing cost of higher education, giving a boost to a policy idea that has been gaining steam. His proposal that colleges and universities cut costs or risk losing out on some federal aid was part of a larger package of "college affordability" ideas that the president unveiled Friday in a speech at the University of Michigan. Obama wants to increase funds for higher education, mostly through an expansion of federal loan programs.
NEWS
January 14, 2012 | By Rick O'Brien, INQUIRER STAFF WRITER
David Williams said he soon hopes to narrow his growing list of prospective colleges to five or so. Higher on the star running back's current to-do list, after the recent announcement that West Catholic will shut its doors come June, is deciding where he wants to spend his final year of high school. For now, his top three schools, in no particular order, are La Salle, Imhotep Charter, and Cardinal O'Hara. The speedy junior added that Archbishop Wood and Roman Catholic are also possibilities.
BUSINESS
December 18, 2011 | By Gail MarksJarvis, Chicago Tribune
Question: Our son is a junior in high school, and we hope to send him to a top private college. Our income is now about $100,000, but the last couple of years have been difficult, and we have little saved. We will need financial aid. As you've suggested, we are going over our finances before the end of the year to make sure we'll qualify. We know financial aid gets cut when middle-income families have savings in their child's name. Our son has nothing, but his grandmother gave him her home a couple of years ago so it would stay in the family if she went into a nursing home.
NEWS
December 13, 2011
Gingrich myths piling up Newt Gingrich has enjoyed presenting himself as a historian rather than a politician during his meteoric rise to the top of the polls in the Republican Party's presidential field ("A weak GOP field comes down to two flawed front-runners," Dec. 5). It has been a convenient excuse, claiming to be a historian rather than a lobbyist, to explain away the $1.7 million he received from Freddie Mac, while he castigated "politicians" who he claimed should be jailed for their part in the home mortgage lending fiasco.
NEWS
October 31, 2011 | By Michelle Singletary, Washington Post Writers Group
WASHINGTON - If I had a dollar for every college student who didn't know what their student loan payments would be after they graduated, I wouldn't have to spend a single penny of the money I've saved to send my children to college. I've long been disturbed by the number of students and families who only home in on how much they've borrowed for school once the payments come due. It would be like buying a house and not knowing what your monthly mortgage payment would be until after you've moved in. But soon, families might finally be able to get clear and upfront information on what college costs and what their debt will be. The Consumer Financial Protection Bureau and the Department of Education have teamed up to launch the "Know Before You Owe" student loan project.
NEWS
September 12, 2011 | By Will Weissert and Ramit Plushnick-Masti, Associated Press
BASTROP, Texas - The number of homes destroyed by a Texas wildfire has risen to 1,554 and is expected to further increase as firefighters enter more areas where the blaze has been extinguished, officials said Sunday. Seventeen people remain unaccounted for. Bastrop County officials sought to provide new information to hundreds of residents evacuated from their homes a week ago, when high winds whipped up by Tropical Storm Lee swept across parched, drought-stricken Texas, helping to spark more than 190 wildfires.
NEWS
July 22, 2011 | Staff Report
Chi Institute has agreed to pay $1.6 million to resolve allegations the for-profit school in Broomall failed to provide students with an educational program it had promised, according to the U.S. Attorney's Office. The settlement resolves allegations raised by a whistle-blower about a Chi program at its Broomall campus for a surgical technology diploma. The allegations said that CHI misled students and the federal government about the number of spots available for field training necessary for students to graduate from the program.
NEWS
June 13, 2011 | By Art Carey, Inquirer Columnist
Edwin Blakeney's bulk was a virtue when he was a defensive tackle at Conestoga High School. Not many other suburban boys weighed 295 pounds. He was just what a lineman should be - massive and immovable. He continued playing football for the semipro Upper Darby Sharks until a torn meniscus sidelined him. By then he had learned a trade and was shearing locks at a barber shop in West Philadelphia. As a boy, he was chubby but active. He played sports, raced around on dirt bikes, lifted weights.
NEWS
May 10, 2011
The school will be renamed the Raymond and Ruth Perelman School of Medicine at the University of Pennsylvania, according to a letter sent to the Penn community Tuesday night by President Amy Gutmann and David Cohen, chair of Penn's board of trustees. "This is a transformational time for the School of Medicine and for the University," read the letter. "We are deeply grateful to Raymond and Ruth Perelman for helping us make history, and we are emboldened by the trust that they have shown in the future of medicine at Penn.
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