Mar 07, 2008
Lawschoolloans Newswire on Barton Fraud, Crdeit Understanding, HEA & PHEAA
 
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Friday, March 7 , 2008
Congress Urges Secretary of Education to Take FFELP Loan Action
By Carina Zaragoza Print this Page
Congress Urges Secretary of Education to Take FFELP Loan Action

Senator Edward M. Kennedy (D-MA) and Representative George Miller (D-CA) wrote to Secretary of Education Margaret Spellings urging her to take action to ensure the availability of loans for students. They also stressed the importance of students' receiving their funds in a timely manner and thus expressed their concern over the uncertainty in the student loan industry.

In the letter, dated February 28, Kennedy, chairman of the Senate Committee on Health, Education, Labor, and Pensions, and Miller, chairman of the House Committee on Education and Labor, cited "recent activity in the credit markets" as potentially having a negative impact on "students' ability to access federal student loans." The lawmakers specifically referred to the Federal Family Education Loan Program (FFELP) and the possibility that lenders will pull out of the program, making scarce the availability of loans to students this fall.

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ABA Releases Report on Law School Enrollment
By Carina Zaragoza

The American Bar Association released this week findings from its report on law school enrollment. The report was conducted by the ABA Section of Legal Education and Admissions to the Bar. The report only includes ABA-approved law schools.

The report shows relatively little change in law school enrollment over the past year. Enrollment of first-year law students was 48,964 for the 2007-2008 academic year. This number represents an increase of just 27 students from the previous academic year. The report found an increase of total enrollment of 402 law students from the previous academic year, bringing total enrollment of all ABA-approved law schools to 141,433.

The number of minorities increased slightly from 30,557 in the 2006-2007 academic year to the current 30,598. This figure includes a 0.9% increase of minorities as first-year enrollees, from 10,989 to 10,992. However, the proportion of minorities in comparison to the overall first-year class dropped this year from 22.4% to 22.3%.

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Friends in Law School: Are You Being Played?

By Mahsa Khalilifar

Friends in Law School: Are You Being Played?
Law school friendships can play out like a game, so don't turn out to be a pawn!
If there's one thing that law students can actually agree on, it's that they deal with intense competition each and every day of their legal lives. Competition is practically a staple in many law schools. Who creates the curve? Who is ahead of everyone else? So it's no wonder that so many students get stressed out and have a hard time forming solid relationships with their peers.

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Consolidating Debt
Become Debt Free in Five    Years
The Benefits of Federal Loan    Consolidation
Planning for Successful    Repayment
LSL—Applications Without    Aggravation

Law Admissions: Random?

Ever wonder how the top schools really pick their law students? Places like Yale and Harvard have interesting ways of selecting future students which may surprise you. According to Dean of Admissions Asha Rangappa at Yale Law School, it's best to get your application in either very early or later since applications that arrive in the middle may get lost in the shuffle in terms of importance. The dean picks around 50 to 80 applicants who are superior and then goes on to the rest. Out of, say, 3,500 applicants, she picks 1,000 who have potential and passes them on to faculty members for the final selection.
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University of Virginia School of Law Gets New Dean

A University of Virginia law professor has been appointed University of Virginia School of Law's new dean. Paul G. Mahoney became part of the faculty in 1990 and will begin in his new position July 1. The 49-year-old corporate law expert will be the 11th dean of the law school. John C. Jeffries Jr., who is Mahoney's predecessor, initiated a $150 million "fundraising campaign" to improve certain conditions and recruitment processes.

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