May 24, 2007
Lawschoolloans Newswire on Barton Fraud, Crdeit Understanding, HEA & PHEAA
Law School Loans

Thursday, May 24 , 2007
Legislation Proposed in Illinois to Allow Illegal Immigrants to Receive Student Loans
By Brooke Heath Print this Page
Stack of Dollar

Recently, Illinois Senator Martin Sandoval (D-Chicago) proposed a law that would make any Illinois resident with a 3.0 grade point average eligible to receive state-backed student loans, even if he or she is an illegal immigrant. If passed, this controversial bill would allow any Illinois student seeking financial aid to be eligible for $5,000 per year to pay for his or her higher education, regardless of citizenship status.

According to Higher Education Washington, Inc.'s NewsLine, in addition to having a "B" average to qualify for financial aid, students must also have lived in the state for a minimum of three years and graduated from an Illinois high school. The bill also requires that any student who is not a U.S. citizen or permanent resident sign an affidavit stating that he or she will apply for permanent residency as soon as he or she is eligible.
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Ohio Attorney General Takes Action Against Borrowers with Defaulted Loans
By Brooke Heath

Ohio University alumni with defaulted student loans have reason to worry. Recently, the Office of Ohio State Attorney General Marc Dann announced that he is in pursuit of a number of alumni who have neglected to repay their student loans and, as a result, have gone into default.

These long-delinquent loans have been referred to the attorney general's office from Ohio University. According to The Athens News, the majority of the debt is in the form of Perkins Loans, which are campus-based loans given directly to students at the university. These loans are also need-based; students need to demonstrate financial need to be eligible to receive these low-interest loans.
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The Top 10 Tips for a Successful Summer Experience

By Steve Bernstein, Esq.

The Top 10 Tips for a Successful Summer Experience
Steve Bernstein advises law students on how to be effective summer associates.
1. The eager bird gets the worm. Seek out interesting assignments rather than waiting for them to come to you. Express an interest in any specialty area that may interest you, look for assignments in your areas of interest, and be at work on time or earlier on a regular basis.

2. You need to show up. Actively participate in summer-program activities, and take advantage of opportunities to socialize with all partners, associates, and staff members. You will be judged on your interactions with them in a social setting. Do not reserve your most respectful behavior for senior partners. All attorneys and staff will expect to be treated with dignity, and you deviate from this rule at your own peril.
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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

Senator Edwards announces College Opportunity Agenda

Senator John Edwards has announced a plan to make higher education more affordable for millions. His College Opportunity Agenda lays out a national "College for Everyone" initiative. The proposal would cover one year of tuition, fees, and books for students who attend public colleges and who show willingness to work hard. Edwards' agenda also provides students with the necessary tools to apply to college and obtain financial aid. It calls for simplification of the FAFSA, encourages states and institutions to maintain low tuition rates, and strengthens high school curricula in order to prepare students for college.
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McKeon and Keller concerned about budget process for changes to Direct Loan program

Senior Republican Member of the Education and Labor Committee Howard P. McKeon and Ranking Republican Member of the Higher Education, Lifelong Learning, and Competitiveness Subcommittee Ric Keller wrote a letter to members of the House Committee on the Budget. The letter expresses concern over the budget process to be used to instigate changes in favor of the Direct Loan student aid program. In the letter, McKeon and Keller state that the method being considered would subvert legislative order and permit policy changes by way of a process typically reserved for deficit reduction.
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