bill witbrodt

NYU’s withdrawal from program sparks controversy over National Merit scholarships in elite universities

Despite a national trend of universities discontinuing funding for national merit scholarships, Washington University continues to fund students named with the distinction. New York University’s recent decision to stop funding the National Merit Scholarship Program (NMSP) has incited a host of discussions amongst universities over whether it is practical to offer scholarships based on standardized test scores.

| Contributing Reporter

National student loan default rate jumps, Wash. U. default rate decreases

While the national student loan default rate jumped from 7 percent to 8.8 percent between fiscal years 2009 and 2011, the default rate at Washington University dropped from 2.2 percent to 2.1 percent.

| Staff Reporter

Federal loan defaults up at WU, across US

Washington University students defaulted more often on federal student loans they started repaying in fiscal 2008 than on those they started repaying a year earlier, echoing a nationwide rise in defaults brought on by the economic downturn.

| Enterprise Editor

Tuition to rise 4.2 percent in 2010-2011 school year

Undergraduate tuition at Washington University will be $39,400 for the 2010-11 academic year, a 4.2 percent increase over the 2009-2010 tuition of $37,800, the administration announced Thursday.

| News Editor

WU to raise $150M for aid, scholarships

Washington University’s board of trustees has approved a $150 million scholarship initiative called “Opening Doors to the Future: The Scholarship Initiative for Washington University” that will raise funds for student financial aid and scholarships.

| News Editor

Obama administration works to simplify FAFSA

For some students, paying for college just became a little bit easier. The Obama administration announced in late June its intention to simplify the Free Application for Federal Student Aid. A goal of the administration is to lighten the load of the 16 million students and their families who must collect all pertinent financial information […]

| News Editor

Student health-care bought by Aetna

As a result of a bidding process that occured last spring, Washington University students are now covered by a new heath care plan, provided by Aetna.

| News Editor

Private loan companies get creative

Free iPods, cash rewards, official-looking federal government seals—these are just a few of the tactics that private loan companies have been using to lure students.

| Contributing Reporter

New online college payment planning tool draws criticism

A free online tool launched by Sallie Mae Corporation promises to help families of prospective college students build a plan to pay for college.

| News Editor

New act to make college financial process more transparent, affordable

Ending a decade-long wait, President George W. Bush signed a bill to reauthorize the Higher Education Act of 1965, an act aimed at making education more accessible and affordable to students.

| News Editor

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