Record Number of College Graduates Defaulting on Student Loans

As college costs continue to rise, so does the number of students taking out student loans: Nearly two-thirds of students attending four-year schools now graduate with debt from student loans. Over the past decade, student debt levels have shot up by 108 percent.

While these numbers are significant on their own, the number of borrowers who are defaulting on their student loans has also skyrocketed to the highest level in over a decade. Preliminary data from the Department of Education shows that federal student loan default rates are coming close to topping 7 percent, compared to 4.6 percent just two years earlier, an increase thats raising alarms about borrowers ability to pay off their student loan debt in the current economy.

“The volume of people in trouble is definitely increasing,” said Deanne Loonin, a staff attorney for the Boston-based National Consumer Law Center and consultant for low-income student loan borrowers.

Unstable Job Market Leading to More Student Loan Defaults Education Department officials warn that while these default numbers are high, they may be just the tip of the iceberg.

This most recent federal student loan default rate is for the fiscal year 2007 and only accounts for students who started repaying their federal college loans between Oct. 1, 2006, and Sept. 30, 2007, and who had defaulted by the end of September 2008. The data doesnt include borrowers who, unable to repay their federal student loans, have gone into deferment or forbearance or borrowers who have defaulted on non-federal private student loans.

The student loan default rate is poised to climb even higher as the 1.8 million students graduating college next month who are saddled with student loan debt face one of the toughest job markets in over a quarter-century. The national unemployment rate has already broken the 10-percent mark, with regional unemployment ballooning even higher in certain states.

“Its scary thinking I could have spent $50,000 a year for the last four years and still go back to working at Wegmans, but its a reality,” Catherine Mendola, a senior at Colgate University, told The Associated Press (“College Grads Face Worst Job Market in Years,” USA Today, April 3, 2009).

Debt From Private Student Loans Particularly Troubling To make matters worse, an increasing number of these soon-to-be graduates will be leaving school with debt from private student loans, which typically carry higher interest rates than federal student loans, along with less-flexible repayment options.

The percentage of undergraduates who took out private student loans in the 200708 academic year jumped to 14 percent, up from 5 percent in 200304, according to the Project on Student Debt.

Private student loans arent required to offer the same deferment, forbearance, or income-based repayment options as federal loans, making it generally more difficult for struggling private loan borrowers to obtain a reprieve from their student loan payments and avoid defaulting.

Home schooling in Australia-Educational, Enlightening and Edifying

So you reside in the land of Oz and need home schooling in Australia urgently. So what do you do if the burning desire to land first rate home schooling in Australia gets too much and you want home schooling in Australia which is of a superlative calibre? Is it feasible to just settle for any old home schooling in Australia when far better home schooling in Australia alternatives are available on the market? You cannot just plump for any old home schooling in Australia as it is imperative that home schooling in Australia needs to be taught by fully skilled and seasoned specialists with a wealth of knowledge and expertise in the home schooling in Australia industry. So many places promise to offer first rate Home schooling in Australia for you to later discover that what is initially promised in the home schooling in Australia prospectus is actually completely far removed from the truth. You should always make sure that home schooling in Australia is educational, enlightening and edifying and this is where homelearn.com.au comes into the equation. We are a leading specialist when it comes to home schooling in Australia and all home schooling in Australia can be tailored to meet certain requirements and cater for any particular personal preferences. Our home schooling in Australia company has an exemplary reputation and is known for being a real force to be reckoned with when it comes to home schooling in Australia. You may think that home schooling in Australia is only for the rich and privileged, but this is an outdated and old fashioned way of thinking. Get with the programme-home schooling in Australia is all the range at the moment as it offers the choice to ensure that your children receive an outstanding level of tutulage at an affordable price. Many, many people have benefitted from home schooling in Australia from as we have an intensive, thorough and broad ranging home schooling program that covers all bases and leaves no stone unturned. We adhere to strict rules and regulations and guarantee that you will recommend home schooling in Australia to fellow peeps keen to become more informed and knowledgeable.

The students threatened Drop Out

Although there are already programs BOS (operational ?support schools) and schools for free, but the cost of ?supporting education, such as freight, stock, clothing, and ?shoes, still need to be a dependent parent. From which they ?spend on it. While the need for day-to-day only the verge ?of defeat, “Cucu said.
Viewing such conditions, the FMPP for this is that the ?hundreds of children into child care, the Bupati of ?Tasikmalaya urge, Drs H Farhanul Tatang judge, to make a ?program for foster children range in environmental ?officials Pemkab Tasikmalaya. According Cucu, the procurement cost of freight, stock ?clothes and shoes as well as students can not afford it is ?heavy for the parents can not afford. But for the ?officials, he said, is not that heavy. Cost for day-to-day ?needs of the value will not reach the millions of numbers ?per year.
?”Because no one in the Regent the functionary instruct that the ?number of foster children. This is as one of the proof of ?the commitment that Pemkab Tasikmalaya will developing into ?the field of education by 2010. Available in a vision of ?the mission district, “Cucu demolished.

He gave an example, echelon II officials can only lift ?about five foster children. Echelon III while the one to ?three foster children. Technical implementation should be ?submitted to each school to be more effective and ?efficient. “If the program is running, its quota can be ?reached hundreds of children if officials see the number of ?echelon II and III,” Cucu said.
Add grandson, FMPP parties in the near future this will ?submit the proposed designation of foster children who are ?directly addressed to the Regent. “We hope to have a ?positive response,” his hope, while adding, become foster ?father has retired enjoyment, according to the experience ?of the management FMPP.

Information On Pepsi Educational Scholarship

Good news for prospective college and university students who are aficionado or the Tropicana or Gatorade. Pepsi is offering scholarships to finance your educational expenses. To learn more about this opportunity, read on.
In order to be eligible for Pepsi Scholarship, you should had attended one of these colleges which are City College of New York, Universities like Howard, northeastern, Penn State, Saint Joseph’s, Suny Binghamton, Temple, Virginia Tech and University of North Carolina at Chapel Hill. You are awarded with a $10000 scholarship from the Eastern Division of QTG which is a division of Pepsi and hence it is known as a Pepsi scholarship. You need to be a freshman, sophomore or junior student with a grade point average of 3.0 and have to facilitate the need for the financial aid. Moreover, you need to be student with leadership skills and participating in the extra curricular activities.
Then there are various Pepsi scholarships like Pepsi Scholarship fund which deals with American accommodation and lodging educational foundation. Another Pepsi scholarship is the Pepsi bottling group, where a grant of 10,000$ is awarded to students with GPAs greater than 2.5 and intending to study in Maryland college with secured admission.
Another Pepsi scholarship is the Pepsi-cola public affairs scholarship which needs their students to have completed at least 45 semester hours at the Missouri State University proving it with a public service and leadership activities. Apart from scoring 3.25 GPA, recommendation is also required bearing testimony of student’s skills in public affairs and leadership skills.
Pepsi scholarship also has the Mid-Del technology scholarship wherein the candidates have to be from the Mid-Del technology center and planning to attend the Oklahoma University. Again here you need to provide the 3.0 GPA and also need to prove the financial need, besides this; you also need to have moral character for getting selected.
Few other Pepsi scholarships are the Pepsi service Scholarship, Pepsi/Frito-Lay scholarship which are again available for the freshmen and the residents of Nebraska. The eligibility criteria remain the same with leadership and extra circular activities to be proven along with meeting a tough GPA requirement.
So get cracking on these incredible scholarships and aid the educational expenses. There is a multitude of scholarships on diverse subjects and they are all to support your cause of higher education without financial hassle. Make the best use of this incredible Pepsi Scholarship and find the perfect skills for the career you’ve always wanted. Best of luck.
James Scholaris

Jackie Robinson Scholarship For College Information And Deadline

Scholarships are becoming harder to compete for due to the economy and the number of people looking to further their education. Remember that in addition to national scholarships there are also state awards, local corporation grants, money from foundations and special interest group scholarships. Look into all of these options when you are trying to find ways to pay for schooling.

The Jackie Robinson Foundation helps students who are looking to attend college and change their lives. If you are a United States citizen, are a minority student and have been approved for a four year college then consider applying. Similar to other applications you’ll need to include your sat scores, high school transcript, write an essay and get recommendations. You should already have these materials for your admission applications so they should be readily available. The deadline for the next academic year is March 15th, 2011. Students have received up to seventy five hundred dollars a year to help with college expenses. If you are accepted, you’ll find out by June 1st, 2011.

Over one thousand students have already won an award from the Jackie Robinson Foundation. They’ve given out over twenty million dollars out since their inception in scholarships alone and over seventy million for their related programs. The organization is proud that over ninety five percent of the students they’ve funded have graduated. It is important to have some evidence of community service in your area. In your essay, let the JR Foundation know about your leadership skills and how you’ve used these skills in various settings.

One eligibility factor they require is that the sat score is combined to be at least 1000 in the areas of both math and reading. In order to qualify, let them know about your economic situation as financial need is a requirement.

Jackie Robinson was not only an amazing baseball player but also was an activist for civil rights and grew up in a single parent home. Before him, no other African American was a player in the major leagues. Robinson is a legend and stole home base over eighteen times. His wife set up the Foundation after his death.

Although the Robinson scholarship has a deadline in March, keep in mind that many college awards have deadlines for the applications in January or February. Calculate this into your plans as you fill out the college admission and funding forms for the 2011 academic year.

Learn more about College Financial Aid and Minority Women Scholarships .

How To Fast Track Your Way To Becoming A Teacher In The State Of Texas

In the state of Texas, there are many things that you have to do in order to become fully qualified as a teacher. The first thing you need to do is go to university and pick up your bachelor’s degree. This degree doesn’t need to be in any particular subject, it doesn’t need to be related to the subject that you want to teach, and it doesn’t need to be related to education either – you just need to have a bachelor’s degree.

Now this isn’t always true, because there are certain subjects that you can teach without actually having a degree at all however these subjects are very few and far between and the most notable of subjects are careers and technology.

The next part of your qualification process is to go through an approved teachers education program that would teach you the science of pedagogy. Pedagogy is simply the Art of teaching — it’s the kind of course that shows you exactly what you need to do to make sure that the lessons that you’re giving are effective. This course doesn’t teacher in the subject specific knowledge rather give you the skills that you need to get your knowledge across to your students.

So here is what most people don’t know about this approved teacher education program. If you are a student then the chances are that you would agree program has an optional module that you can take that is equivalent to an approved teacher education program — this means that if you want to become a teacher you can take this module and when you graduate you don’t need to do any more training you can just jump in and take the final examinations.

Obviously, this is going to save you lots of money and time and is the fastest way that you can become a teacher if you are a college student. So just to clarify, if you take this path, once you leave college you will then have to pass two examinations. The first examination is all about your skills as a teacher and basic literacy and numeracy that isn’t subject specific. The second, and arguably more difficult of the two, is all about your subject specific expertise — so if you’re going to teach maths, then you’ll take a maths teaching exam and you will be tested on your depth of knowledge of the subject in hand.

One of the best things about this fast track program is that schools and colleges actually really like the fact that you have come straight out of university and college and can go straight into a teaching position with the especially in states like Texas where there is a massive shortage of teachers currently and schools are crying out for talented young individuals.

Psychology Courses Online Why Choose Online Studying

Are you serious about going into psychology? Well, it’s a great choice! But wait, do you have any problems with fulfilling your dream? Job, children, lack of time… Don’t loose your heart! You can still get what you want! So how about self-improvement?

Even if you have no time for visiting psychology school, you still can advance your knowledge in this field. As an option, you may sign up for psychology courses online. This way you’ll be ready to continue your psychology education any moment!

So what do you think about psychology courses online? Some of them are free of charge and another are paid. Of course, you should look for free courses at first!

Psychology courses online is a great way to enrich your insight into psychology and get prepared for further education. Psychology is extremely interesting and competitive field of study. There is so much to learn about it! And remember, any extra knowledge leads you closer to psychology scholarship! It will definitely give you the edge over your rivals. So turn your inability to study traditionally to your advantage! Psychology courses online not only give you additional knowledge, but make you more disciplined and organized.

For better effect combine your psychology courses online with textbook study and online video lectures. Every bit of knowledge you gain through psychology courses online will lead you closer to the goal.

So how does it work? As soon as you sign up for psychology courses online you’ll get all studying materials via e-mail. You can choose the best suitable time for studying. There is no daily schedule, however you must complete the assignment to meet the deadline. It’s up to you how to do this!

Psychology courses online are the perfect lead-in to the basics of psychology. So if you’re just thinking of choosing psychology career path, get acquainted with this field via psychology courses online. This way you’ll be able to understand whether you want to continue with it or not.

Generally these courses include a great variety of subjects within the science of psychology. They are the following:

Introduction to Psychology
Clinical and Counseling Psychology
Developmental Psychology
Cognition and Perception
Neuroscience and Psychology
Personality Psychology
Social Psychology
Learning and Motivation
Research Methods and Statistics

Online psychology courses can help you to choose the branch of psychology that would be the most interesting for you. Moreover, they will help you to get a deeper understanding of the whole science. With online psychology courses you’ll get ready for the interesting and challenging way of psychologist! So if you’re not ready to enter college right now, start from taking up psychology courses online!

Grants And Scholarship For Students In Geosciences

Nowadays there are many geology scholarships and grants available. Students who intend to start a career in one of the geological sciences qualify. Grants, available to undergraduate and graduate students, include research, field camp and general tuition. many associations, foundations, and organizations across the USA award scholarships and grants specific to geology majors.

The Indiana Oil and Gas Association (INOGA) awards 1 scholarship in the amount of $1,000 to an incoming student who wish to major in geology, or a currently enrolled student switching to a geology major. Students must be enrolled at the University of Southern Indiana to apply.

The Rocky Mountain Coal Mining Institute offers scholarships to full-time junior and senior students pursuing a career in engineering or mining-related industries. The institute selects one student from each of the RMCMI states: Arizona, Colorado, New Mexico, Texas, North Dakota, Montana, Utah and Wyoming. There are 2 types of scholarships:
1. The engineering/geology scholarships are for $2,500 and renewable for up to 2 years;
2. The technical scholarship is a $1,000 one-time present for students who wish to apply their education in the coal industry.
every scholarship program contains 8 awards.

The University of Southern Indiana awards 8 scholarships to students demonstrating high levels of academic excellence. Applications, open to high school students applying to college for the first time, geology majors and earth-science teaching majors are reviewed by faculty.

Five scholarships, given in honor of Walter F. Sill, award to students showing academic achievements in geology, to a student showing promise who wants to study geology and to a student attending geology field camp.

The National Association of Geoscience Teachers offers $500 scholarships to students for field study. Moreover, NAGT offers $750 grants to two-year college faculty members and secondary school teachers to attend scientific meetings, buy classroom materials and take workshops.

Eastern Washington University offers 4 geology scholarships through the Department of Geology:
1. The Weissenborn Geology Scholarship is offered to senior level students majoring in geology.
2. The Rennebohm Geology Scholarship and the Felix E. Mutschler Memorial Scholarship are offered to lower classmen majoring in geology.

Interested Students Picking Kurukshetra University Distance Education For Better Academic Career

On this cut throat competitive age; every likeminded individual cares a lot to uplift his or her academic career by undertaking any demanding course program in those prestigious colleges and institutes that can honestly help them an edge to stand tall before seeking any dream job what so ever. This is one such delicate yet burning facet that is well understood buy the administrative as well as teaching department of Kurukshetra University Distance Education for producing excellent learning platform for their students and working professionals. The foundation stone of Directorate of Distance Education, Kurukshetra University was laid in the year 1976 where just four hundred students were be enrolled for the courses that are offered in the mentioned prestigious institute. But on this date there are more than thirty nine thousand students interested to either pursue a Bachelors degree or go for post graduation in their favorite subjects.

Kurukshetra University Distance Education is a name that got honest appreciation as well as recognition for producing best graduates and Master degree holders after pursuing B.A (Bachelor in Arts), Master of Business Administration (Hospitality Management), B.Com (Bachelor in Commerce), Master of Business Administration (MBA), B.Ed (Bachelor in Education), Master of Computer Applications (MCA) and Bachelor of Computer Applications (BCA) quite comprehensibly. BBA, MCA, BCA, MIFA and MBA are those demanding courses that students as well as working individuals can easily undertake in ICFAI Distance Educationby successfully enrolling their names. The ICFAI University is situated in Tripura. Affiliated to All India Council for Technical Education (AICTE); the ICFAI Distance Education has a reputation for offering the most prolific atmosphere of learning not just in the country but also globally.

There is also another prestigious name entitled as Annamalai University Distance Education where students and even working individuals have shown their utmost whims and desires to undertake their dream courses. M.Sc. (Information Technology), M.Sc. (Software Engineering), M.Sc. (Electronics & Communication), M.Sc. (Zoology), B.A. Social Welfare Administration, Master of Business Administration (MBA), B.B.A. Aviation, Tourism and Hospitality Management, Master of Health & Social Science (M.H.S.S), B.B.A. Marketing and Human Resources Management, Master of Library & Information Science, B.B.A. Retail Management, Master of Rural Management (MRM), B.Com Marketing Management, Master Of Social Work, Part time Diploma in Consumer Protection, Bachelor of Library & Information Science, Part time Diploma in Journalism, Certificate Program In Music (Evening), Part time Advance Diploma For Proficiency in French, M Com (Accounting & Finance), Part Time Certificate Program in Reprography & Non Book Material, M Com (Accounting & Taxation), Part time Post Graduate Diploma in Adult & Continuing Education, Post Graduate Diploma in Demography & Social Econometrics, M.A. English, Post Graduate Diploma in Demography & Social Health, M.A. English Literature & American Studies, etc are some of the courses that any likeminded individual can pursue in Annamalai University Distance Education after seeking an admission.

Your Secret to Success – Choose the Right Options at University

Choosing a subject to study at University which will stand you in good stead for your future life can seem a somewhat daunting process. It is important to choose not only something that you believe will help you on your future career path, but to choose a subject that you enjoy.

Law is a very broad subject and one that can lead you down many differing career paths. From my law class alone people have undertaken further training in order to qualify as a solicitor/barrister, joined the police force, joined the graduate training programme at the local council, become a teacher and someone is now even working for the United Nations. Law provides you with the skills and knowledge to progress and develop in any career path that you should choose.

Think long and hard before choosing to study law at university as it is by no means an easy feat. But that said, successfully completing three years of study is one of the most satisfying feelings.

Of course not every subject comes without the down sides. It requires serious amounts of reading and analysing lengthy boring documents! Depending on your personal preferences some core topics on your can be quite mundane.

However, the plus points far out weigh any negatives. You will gain many skills that will be necessary in later life.

The advocacy element of your subject will provide you with the confidence and skills needed to express you opinion throughout your future work and personal life.

The ability to work within a team when trying to co ordinate those all important presentations, and the need to work and study alone are vital skills that are transferable into the work place.

Law is a challenging yet very rewarding subject to study at university. It will well equip you for future life; work related or within your personal life.

Want your job application to be noticed? Visit Words Worth Reading for CV improvement, proofreading and appraisal.