Apr 05, 2007
Lawschoolloans Newswire on Barton Fraud, Crdeit Understanding, HEA & PHEAA
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Thursday, April 5 , 2007
House Approves Bill Allowing Maryland Residents to Qualify for In-State Tuition Regardless of Citizenship Status
By Brooke Heath Print this Page
Stack of Dollar

Last week, the Maryland House of Representatives voted 81 to 57 in favor of a bill that would allow some illegal immigrants to qualify for in-state tuition.

The bill would help to make college more affordable for children of illegal immigrants by allowing residents of Maryland to qualify for in-state residency regardless of their citizenship status.
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New York Attorney General Settles with Schools: Major Universities Will Adopt New College Code of Conduct and Repay Students
By Brooke Heath

In an ongoing course of action, New York Attorney General Andrew M. Cuomo announced Monday that his office had signed settlements with major universities. The terms of the settlements require schools to adopt a new landmark College Code of Conduct governing arrangements with student loan lenders as well as reimburse students money that was paid to the schools by lenders for loan business.
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Taxes: No Longer Just for Accountants

By Heather Jung

Taxes: No Longer Just for Accountants

Tax attorneys are getting ready for tax time.
It's that time of year again. With less than two weeks before tax returns are due, the rush to fill out W2s and 1040s, along with the plethora of other forms required by the IRS, has begun. At a time when many people are scrambling to complete those forms so as to avoid being penalized, it is no big surprise that accountants across the country are putting in overtime and raking in the dough.
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Support for restoration of Perkins Student Loan Program funding grows stronger

Senators Maria Cantwell (D-WA) and Norm Coleman (R-MN) led a group of about 30 senators who urged the chairman and ranking member of the Senate Budget Committee to reinstate funding for the Perkins Student Loan Program in next year's budget proposal. Apart from eliminating all federal aid for the Perkins Loan Program, the current budget proposal annuls the $7 billion grant previously provided by the federal government to educational institutions that offer Perkins Loans. The appeal to Senators Kent Conrad (D-ND) and Judd Gregg (R-NH) was made in response to the Bush administration's budget resolution, which eliminates Perkins Loans.
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CBA president lashes back at Kennedy

In response to Senator Edward Kennedy's letters to student loan lenders asking them for details related to their administration of the Federal Family Education Loan Program (FFELP), President of the Consumer Bankers Association (CBA) Joe Belew issued a statement. Belew said that, in his letters, Kennedy made no specific allegations against any particular student loan lender and that he selected lenders based on the list of top FFELP loan originators.
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