Lawschoolloans Newswire on Barton Fraud, Crdeit Understanding, HEA & PHEAA
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| Thursday, September 27 , 2007 |
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Bill May Increase Federal Financial Aid |
By Gitanjali Hazarika |
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Legislators from Wisconsin are hoping that President Bush will sign a bill to decrease student loan interest rates and increase student grant eligibility this week.
If passed, this piece of legislation, the College Cost Reduction Act of 2007 (H.R. 2669), will provide the single largest investment in higher education since the 1944 GI Bill. If the bill is signed into law, nearly 70,000 Wisconsin college students will benefit from a boost to their share of federal financial aid. Almost 68,000 of the 76,000 Wisconsin students who take out loans to attend college each year receive Pell Grants.
Introduced by U.S. Rep. Steve Kagen (D-WI), the College Cost Reduction Act was overwhelmingly approved in both the House and the Senate and is expected to go into effect next month. The bill aims to increase Pell Grants without burdening taxpayers by reducing interest rates on student loans by half over the next four years.
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College education benefits individuals and communities
By Shaileja Mammen
According to a report entitled "Education Pays: The Benefits of Higher Education for Individuals and Society," college education benefits individuals, their families, and the communities and societies to which they belong. The study by the College Board shows that individuals with college educations have higher incomes and lower unemployment and poverty levels. Compared to individuals with less education, there is a higher probability that those who have attended college will receive healthcare benefits from their employers, exercise, and avoid smoking. This leads to healthier lifestyles.
The study shows that individuals with college educations are also more inclined to serve their communities through volunteer work, voting, and blood donation.
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TotalPatentTM: The Future of Law?
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By Mahsa Khalilifar
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| Peter Vanderheyden, vice president of global intellectual property for LexisNexis |
From the creators of LexisNexis®, TotalPatentTM has hit the professional and research patent world in a big way.
"TotalPatentTM is the most comprehensive and relevant, easy-to-use, web-based patent research, analysis, and retrieval system available" today, according to the creators of this new patent collection system. This new application is integrated with the LexisNexis® system; therefore, the two programs work together and apart from each other.
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Carson to introduce bill targeting textbook costs
Publishers and universities will be required to disclose their hidden textbook costs if Rep. Julia Carson (D-IN) has her way. Carson is expected to table a bill shortly that will create "an open discourse on the costs of higher education and eventually ensure that students will be able to access affordable study materials." The escalating costs of textbooks are making acquiring a college education difficult for many students, says a report published by the Government Accountability Office. The average price students at four-year institutions have to pay for their textbooks—approximately $898—is calculated to be equal to almost 27% of their tuition costs. Rep. Carson said the problem intensifies at two-year institutions, where the average cost of textbooks equals almost 72% of students' total tuition costs.
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Stanford develops International Outreach Program
A new International Outreach Program (IOP) at Stanford University headed by Reinhold Steinbeck is reinventing methods for helping students learn. In a joint effort by Stanford University and several African and Latin American universities, researchers are looking for new ways to prepare "students for work in the borderless world of the future." The IOP, which is based at the Freeman Spogli Institute for International Studies (FSI), is supporting the pilot project under the guidance of political science professor Coit Blacker. Professor Blacker said the project aims at "expanding Stanford's outreach efforts into other regions with new interdisciplinary content and innovative approaches to learning and teaching."
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