Policy Perspectives
Policy Perspectives is a Weblog devoted to the latest developments in the legislative arena and their impact on federal student loan public policy. It provides context and insight to the issues that touch students, parents, taxpayers and the higher education community, as well as sparks discussion on where the federal student loan programs should head in the long term.
The recent turmoil in the student loan industry has caused many in the industry to step back and ask, “What would the ideal federal student loan program look like? ” ASA believes it has an answer.
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Posted by Shelley Saunders on 11/19/2008 at 06:41:09 PM
During the credit crunch, ASA believes, as always, that the primary role of the guarantor is to proactively support borrowers and help them successfully repay their student loans.
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Posted by Shelley Saunders on 07/09/2008 at 01:46:50 PM
The NCHELP Student Loan Ombudsman Caucus Meeting, held this month in Boston, draws attention to the value of these hardworking student advocates.
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Posted by Shelley Saunders on 06/23/2008 at 01:30:02 PM
As the summer approaches, financial aid officers on college campuses have just completed exit interviews for federal student loan borrowers, which explain students’ repayment rights and responsibilities.
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Posted by Shelley Saunders on 05/29/2008 at 01:41:06 PM
Senator Kennedy has offered an amendment to the Budget Resolution that would allow Congress to increase the borrowing limits on federal student loans. But the issue is far from black and white.
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Posted by Shelley Saunders on 03/24/2008 at 03:09:01 PM
A side-by-side comparison shows that a student loan borrower who defaults on his obligation can pay more than $5,000 in additional interest and fees for every $10,000 borrowed. Extrapolate that out to a $40,000 to $50,000 total student loan debt load (easily done if a student attends graduate school) and the additional cost of default over the entire life of repayment equals a staggering $20,000 to $25,000—the equivalent of a new car or a down payment on a home.
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Posted by Shelley Saunders on 12/03/2007 at 10:34:07 AM
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Blog Author
Shelley Saunders
Vice President, Strategic Services
Biography
In her current role as American Student Assistance’s vice president of Strategic Services, Shelley Saunders serves as the organization’s primary contact for Congress, as well as for national organizations such as the American Council on Education, the American Association for State Colleges and Universities, the National Association of Student Loan Administrators (NASLA), and others. Her main focus is to educate the public policy making community on the positive results American Student Assistance has realized through its focus on student loan borrower financial Wellness.
In her 12-year career at American Student Assistance, Saunders has played an integral role in several of the organization’s global projects, including designing a new client-server based life-of-the-loan processing system and developing corporate strategy and tactics. She most recently held the position of vice president of Borrower Services.
Saunders has appeared on numerous Clear Channel radio broadcasts in the Washington, D.C. area. Her areas of expertise include the public purpose role of federal student loan administrators, as well as general facts about student loan origination and repayment.
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