| |

Yale & Penn Sue Defaulting Students But UC Doesn’t

Byuclafaculty

From the LA Daily News:

Needy U.S. borrowers are defaulting on almost $1 billion in federal student loans earmarked for the poor, leaving schools such as Yale and the University of Pennsylvania with little choice except to sue their graduates. The record defaults on federal Perkins loans may jeopardize the prospects of current students since they are part of a revolving fund that colleges give to students who show extraordinary financial hardship. Yale, Penn and George Washington University have all sued former students over nonpayment, court records show… 

Repaying Perkins loans may be a lower priority for borrowers with multiple debts, said Nancy Coolidge, associate director of student financial support for the University of California system. They may be more likely to pay back private student loans first because they can carry much higher interest rates, she said. Perkins loans are given to the most at-risk students, and “they may have the least ability to pay it back,” Coolidge said…

The University of California system tries to use its own personnel before suing Perkins debtors because balances are relatively small, said Coolidge. When borrowers don’t have assets or income, winning a judgment doesn’t actually result in collecting the money, she said. “It’s not that we wouldn’t do it,” she said. “It’s not that practical.”

Full story at http://www.dailynews.com/breakingnews/ci_22530769/schools-sue-graduates-amid-record-defaults-federal-loans

If they ain’t got it, it’s hard to get it:
[youtube http://www.youtube.com/watch?v=8_ZD9cFk7DM?feature=player_detailpage]

Similar Posts

|

Spotlight on Speech Codes, 2022

Byadmin

Fire (Foundation for Individual Rights in Education) has just released its yearly summary of the state of free speech at 481 public and private colleges and universities in the United States. FIRE defines free speech as “the overwhelming majority of speech protected by the First Amendment.” Few exceptions exist. The survey addresses a wide variety of issues with relevance to free speech, including: Free Speech Zone PoliciesPrior RestraintsSecurity Fee PoliciesPolicies Governing Speakers, Demonstrations, and RalliesPolicies on Bias and Hate SpeechInternet Usage PoliciesPolicies on Tolerance, Respect, and CivilityBullying PoliciesThreats and IntimidationHarassmentPolicies on Bias and Hate SpeechObscenityIncitement The report is both disappointing…

| | | | | | |

Listen to Part of the Regents Afternoon Session of 1-22-2014

Byuclafaculty

As we have noted in numerous prior posts, the Regents refuse to archive their meetings beyond one year.  So we dutifully record the sessions in real time.  Below is a link to part of the afternoon session of Jan. 22.  This segment is mainly the Committee on Educational Policy.  Gov. Brown was in attendance.  We will separately (later) provide links just to certain Brown segments.  But for now, we provide a continuous recording. There was discussion of designating certain areas of UC-Merced as nature reserves, followed by discussion of a new telescope.  The discussion then turned to online ed and…

|

Oversize Load?

Byuclafaculty

From the Sacramento Bee: …(T)the University of California’s academic student workers union recently filed a complaint against the UC Office of the President demanding that discussions about class size be a part of their contract negotiations. The union has been bargaining with UC since last summer, and its contract expired at the end of the year… The UC Student-Workers Union, which represents more than 12,000 teaching assistants, tutors and readers across the UC system, is seeking a regular forum to talk about class size with faculty and UC management, said Josh Brahinsky, a Ph.D. candidate in the history of consciousness…

| | | |

Napolitano Responds to UCLA’s Moreno Report

Byuclafaculty

Moreno UC President Napolitano issued a response to the (former California Supreme Court Justice Carlos) “Moreno Report” of Oct. 2013, formally titled “Independent Investigative Report on Acts of Bias and Discrimination Involving Faculty at the University of California, Los Angeles.”  It includes directives to all campus chancellors: 1) Every campus should designate an official to serve as its lead discrimination officer. This official is responsible for ensuring that an appropriate response is made to all reports of perceived acts of discrimination, bias, and harassment involving faculty, students, and staff from all parts of the campus. * The discrimination officer will…

| | | | | |

The Resurrection?

Byuclafaculty

[More in our Regents coverage.  See earlier posts.]  The Regents spent some time on the old Master Plan for Higher Ed.  There was discussion, according to news reports, among representatives of UC, CSU, and the community colleges on better coordination. …“This report shines an important light on the need to have a central body whose sole focus is guiding the Legislature, governor and our three higher education segments as we plan and build for the future,” (Assembly speaker John Pérez) said. Full story at http://www.latimes.com/local/lanow/la-me-ln-college-reports-20140123,0,5215408.story Um, does no one remember  CPEC, which still exists in ghostly form as a website…

| | | | | |

Issue Heating Up

Byuclafaculty

We noted in yesterday’s posting (in the update portion) on the Regents public comment session that there were spokespeople complaining about anti-Israel activities on UC campuses including course credit on one campus, pushes for divestment, etc.  Earlier postings noted statements by the UC prez and several chancellors (including Block) opposing an academic boycott of Israel by several academic societies.  Today, the LA Times reports: A group of lawmakers has formed the California Legislative Jewish Caucus to weigh in on issues of priority to members, including immigration, civil rights and Israel, according to its chairman, state Sen. Marty Block (D-San Diego)… …