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Quick Takes: Proposal on Private Loans Criticized, the Anti-U.S. News Rankings, No More Dorm Patrols at Washington State, NIH Tuition Rules, Search for Missing Students From Egypt

  • A recommendation by the Secretary of Education’s Commission on the Future of Higher Education that encourages students to use private loans to finance their educations is “wrong-headed” and “would have disastrous consequences,” the Project on Student Debt said in a letter Sunday to the panel’s chairman, Charles Miller. The organization argues that the recommendation on private loans — which had been absent from the report’s previous two drafts but emerged out of the blue in the one released last week — would contribute to a student indebtedness problem that the commission’s report otherwise bemoans. “Having to borrow for an uncertain return is risky enough as it is; encouraging students to take out private loans is like throwing them to the wolves,” the group’s letter said.
  • The Washington Monthly has released its second annual rankings of colleges — a ranking designed to reward institutions that encourage community service and education large numbers of disadvantaged students. Using this approach (details on methodology are here), the magazine notes that its winners don’t align with those of the U.S. News & World report rankings. In the national university category, the top institution is the Massachusetts Institute of Technology and the top liberal arts college is Bryn Mawr College.
  • The police at Washington State University will abandon dormitory patrols because criminal charges were dismissed in two cases in which judges ruled that dorms are enough like homes that students’ privacy rights were violated when officers searched for crimes, the Associated Press reported.
  • The National Institutes of Health has released final rules on reimbursement for tuition for graduate students associated with various research grants.
  • Federal authorities are searching for 11 Egyptian students who arrived in New York City last month on valid student visas, but never showed up for their exchange program at Montana State University, the AP reported.

Scott Jaschik and Doug Lederman

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Comments

Student loans

A WELL known and FAR flung California Bank was charging my son 13% and 11% on two relatively small student loans. I was shocked and told them so. You can get credit cards with lower interest. He got a good job immediately, for a liberal arts major, graduating cum laude, but could barely feed himself after the payments!

Stan Dundon, at 7:25 pm EDT on August 8, 2006

Why?

” .. charging my son 13% and 11% on two relatively small student loans. I was shocked ..”

Why didn’t you stop him from signing? Did the bank hold a gun to his head and force him to sign? Why didn’t you pay off the loan and charge him lower interest?

Bart J., at 8:25 am EDT on August 9, 2006

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