Lawschoolloans Newswire on Barton Fraud, Crdeit Understanding, HEA & PHEAA
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| Thursday, February 28 , 2008 |
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Legislation Could Simplify Financial Aid Application Process |
By Carina Zaragoza |
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In a bipartisan effort, both Democrats and Republicans are calling for a simplification of the financial aid application process. Both parties last month voted in approval of a bill that would allow applicants to simply check a box on their tax returns. Certain information required for financial aid would then be directly sent to the Department of Education. This information would automatically answer questions found on the Free Application for Federal Student Aid (FAFSA).
The proposed legislation is so popular it is anticipated that the bill will be made into law later this year. Recent studies and reports are in part responsible for the move to simplify the financial aid application process. One such study was conducted by Susan Dynarski and Judith E. Scott-Clayton, economists at Harvard University. The study, Complexity and Targeting in Federal Student Aid: A Quantitative Analysis, finds that it takes 10 hours for families to complete the FAFSA. Having to use previous years' tax returns initially and then revising the application with the current year's tax return is part of the reason it takes so long.
read more
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Law School Boasts about Faculty to Be Scrutinized
By Carina Zaragoza
The Green Bag, the self-described "entertaining journal of law," has announced it will join in on the rankings of law schools by examining the claims made by law schools about their faculty and comparing them to the actual performance of faculty members.
The methods The Green Bag staff will undertake are as follows:
- Gather each law school's faculty webpages, course catalogs, and publications.
- Analyze the data with close attention paid to recent scholarship and teaching.
- Rank the faculty according to a combination of teaching, research, publications, and service.
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Saving Students: How to Budget
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By Mahsa Khalilifar
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| Financial expert Ted Lakkides advises law students to budget ... |
Students face a lot of hardships. Not only do they have to focus on their studies, but they also have to focus on their spending — just one more thing to add to that growing pile of stress triggers. Sure, "everyone can get by with a couple of pieces of pizza and a beer," jokes Ted Lakkides, president of Cygnet Financial Freedom House in Michigan, but it's obviously not the way to go forever.
Lakkides quickly adds that there's more to saving than students may think.
"I think the mistake a lot of people can make is looking too far ahead," Lakkides explains.
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NYU Raked in More than $43 Million Last Year
With donations worth more than $43 million received, New York University School of Law finished second only to Harvard Law School in terms of monetary contributions. The law school raised more than $285 million between January 2002 and January 2008. The donations are expected to fund the recruitment of new professors, provide scholarships to students, and allow for expansion of the campus.
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Washington University's Unique Transnational Law Program
Washington University's ongoing partnership with Utrecht University in the Netherlands has led to a unique transnational law program for students in the U.S. as well as those in Europe. The new program will allow students from the United States to study at both Washington University and Utrecht. The students will acquire their J.D. degrees in the U.S. and will pursue their LL.M. degrees in the Netherlands. A growing need for lawyers who understand both American and European law has led to this development. The program also includes Queen's University Belfast, the University of Trento in Italy, and the Catholic University of Portugal.
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