28th February, 2009 - Posted by Brendan - No Comments
I watched President Obama’s speech to Congress on Tuesday evening Feb 24th, he hinted about some upcoming changes to Higher Education and student loans, when he described his high level FY 2010 Budget plan. Additional details were released on Thursday, Feb 26th advising that Obama hopes to eliminate the FFELP program. This type of narrow mindset and plan have been seen »
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25th February, 2009 - Posted by Brendan - No Comments
As reported in NASFAA News today (February 24th), the NASFAA President and CEO Dr. Day is urging Congress to delay implementation of the PLUS loan auction. In the letter sent to Rep. George Miller, Dr. Day sounded the following concerns about the auction:
Listed below is a link to the letter on the NASFAA Website:
http://www.nasfaa.org/PDFs/2009/MillerAuctionLetter.pdf
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23rd February, 2009 - Posted by Brendan - No Comments
University of Toledo students, depending on the scholarship, may not get as much help next time around, WTOL News reports. “These changes could happen as early as next semester. The 1300 hundred scholarships are from an endowment fund, or money that is invested in the stock market. Simply put, as the stock market goes down »
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20th February, 2009 - Posted by Brendan - 1 Comment
I was just reading an article from the Star – Telegram advising that People claiming to represent the U.S. Education Department are calling students to offer scholarships and grants”. The callers ask for a bank or credit-card number, saying the information will be used for a $249 processing fee. But the Star Telegram and U.S. »
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20th February, 2009 - Posted by Brendan - No Comments
Given the current economic turmoil we are all experiencing, I was very curious about how this crisis is impacting financial aid requests at colleges/universities in the United States. So, I began some quick research that revealed a recent survey that was performed by Student Lending Analytics of 212 financial aid administrators and the results are »
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19th February, 2009 - Posted by Alan - No Comments
Follow @peoplecapital on Twitter.
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19th February, 2009 - Posted by Brendan - No Comments
This is an interesting article that informs students and families about the financial aid process, FAFSA filing, and exciting Peer to Peer Private student loan funding which is a great new trend and alternative while seeking loan funds to pay for school. People Capital will be launching in 2009, our new peer-to-peer private student loan service »
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13th February, 2009 - Posted by Alan - No Comments
We got some very nice coverage on our Human Capital Score from the folks at www.Job-U.com, a college blog and job board. Read more.
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12th February, 2009 - Posted by Alan - No Comments
New York, NY (PRWEB) February 12, 2009 — People Capital, developer of an innovative peer-to-peer student loan platform, announced today that it had secured a second financing round from Radcliff Group Inc., a New York based private equity firm. The funding will be used to enhance People Capital’s Human Capital Score™, a model that provides »
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8th February, 2009 - Posted by Alan - No Comments
People Capital aims to revolutionize student lending based upon a new credit risk methodology. The current credit risk metric (the FICO® score) is inappropriate for students as it is based on credit payment history, and students have no such history. The Human Capital Score™ measures income potential, based on variables such as »
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