Apr 12, 2007
Lawschoolloans Newswire on Barton Fraud, Crdeit Understanding, HEA & PHEAA
Law School Loans

Thursday, April 12 , 2007
Bill Introduced to Legislature to Increase the Length of Deferment for Medical and Dental Students
By Brooke Heath Print this Page
Stack of Dollar

In Washington last week, Senators Chris Dodd (D-CT), John Kerry (D-MA), Richard Durbin (D-IL), and Russ Feingold introduced the Medical Education Affordability Act (MEAA) to Congress.

If passed, the bill will help to make medical and dental school more affordable for students by extending the length of economic deferment to cover the entire length of a medical or dental residency.
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Tuition Increases at Kentucky Universities
By Brooke Heath

Last week, Kentucky's Council of Postsecondary Education approved a tuition and mandatory fee increase for the state's public universities for the 2007-2008 academic year.

At a meeting in Frankfort, the council approved increases that ranged from $180 to $618, according to Higher Education Washington, Inc.'s NewsLine.
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New Book Provides Insight and New Perspectives on Law School

By Heather Jung

New Book Provides Insight and New Perspectives on Law School

Spizman wrote his book to help prepare 1Ls for law school.
Just about all law school students and graduates will tell you that they wish someone had better prepared them for what was to come. Justin Spizman, a recent law school graduate, is no different. Spizman said that as a 1L, he scoured the bookstore shelves looking for a book that would help him in his law school endeavors. He found very few.

"And the ones I came across, they just kind of seemed outdated to me, and I really felt that I didn't totally identify with the books because they were written by professors or attorneys that were 20 or 30 years removed from their law school experience, and just like any institution or anything in the world, law school changes over the years," Spizman said.
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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
New York Attorney General announces settlement of loan charges

The ongoing probe into the actions of lenders offering benefits to schools for persuading students to borrow from them has come to a halt. New York Attorney General Andrew M. Cuomo has announced that he has reached a $5.27 million settlement agreement with Citibank and a number of universities. According to the agreement, Citibank will provide $2 million for a national fund created to educate students about the financial aid industry. The schools agreed to reimburse students with loan revenues.
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NASFAA responds to Cuomo's press release

The National Association of Student Financial Aid Administrators (NASFAA) has reacted strongly to the New York Attorney General's settlement announcement regarding kickbacks from student loan lenders. The association has released a statement in response to the announcement of the settlement with higher-education institutions. The association said that although it respected the decisions of schools that agreed to the Attorney General's settlement, it would stand by any institution that chose to pursue litigation over the matter.
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