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Jeff Mictabor is an enthusiast on the topic of student loan issues in the news. He has been writing for the past 10 years for a variety of education publications. He now offers his writing services on a freelance basis.
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 Income-Based Repayment for Federal Student LoansEarlier this year, the U.S. Department of Education rolled out a new repayment option for student loan borrowers that could significantly reduce the monthly payments on your federal student loans. Expanding Federal Regulation of Private Student LoansIn a vote last month that fell for the most part along party lines, the House Financial Services Committee approved the creation of a Consumer Financial Protection Agency, which will expand federal oversight of nonfederal private student loans. At the same time, the committee rejected a proposal that would have included school-sponsored “gap loans” under the authority of the new CFPA. Student Associations Lobby for Bill to Revamp Student LoansStudent governments and organizations at colleges and universities nationwide are pushing lawmakers to pass legislation that supporters say will make acquiring a higher education more accessible and affordable. GOP, Lobbyists Mount Criticism of Bill to Overhaul Student LoansThe Democratic-led House of Representatives, in a 253 to 171 vote on September 17, easily passed landmark legislation that would bring an end to the long-standing Federal Family Education Loan Program (FFELP), the program initiated by the Higher Education Act of 1965 to offer college students federally guaranteed student loans via private lenders. Pending Legislation Will Overhaul Student LoansWith a 253 to 171 vote last week, the Democratic-led House of Representatives easily passed landmark legislation that would bring an end to the Federal Family Education Loan Program (FFELP), the program initiated by the Higher Education Act of 1965 to offer college students federally guaranteed student loans via private lenders. Community Colleges Now Offering Four-Year DegreesIn this still-uncertain economy that remains rife with unemployment, hundreds of thousands of out-of-work blue- and white-collar professionals, competing for scarce available jobs, find themselves faced with the need to further their training, expand their skill sets, or in some cases change career paths altogether. Many are going back to school, some to obtain their first college degree, others to get an additional or more advanced degree that could give their résumé a much-needed competitive Obama Ushers In “Fair and Transparent” Credit Card RegulationsIn a sweeping move that aims to provide hundreds of thousands of Americans help with credit card debt, President Obama signed into law last month legislation that will put a stop to credit card companies imposing sudden rate hikes and exorbitant fees and penalties on cardholders. New Repayment Break on Student Loans Begins July 1It’s not an easy time to be graduating from college with student loans. With the unemployment rate soaring toward 10 percent and the average starting salary for college graduates down 2.2 percent this year Obama Proposes Sweeping Reforms to Federal Financial Aid ProgramsAs part of the 2010 federal budget submitted to Congress, President Barack Obama is proposing sweeping changes to the federal financial aid system that are meant to make college more affordable for U.S. families. 17% Swell in College Financial Aid Submissions Hints at Economy’s Effect on FamiliesMore families are appealing to the federal government for help this year in paying for college, as parents face a shrinking job market, record-high food and gas prices, and tightened borrowing restrictions that have grown out of the current credit crisis.
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