FAP639: Leukemia walk, default rates, social network job search, Natives of the New Dawn

October 4, 2007 from admin

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Student Financial Aid News
+ Inside Higher Ed: UC Berkeley starting to offer course lectures on YouTube
+ Chronicle: The U.S. Department of Education has announced plans to end a program that its supporters say has helped drive down the default rates on student loans.
+ Under the program, the department reimburses a select group of guarantee agencies on the basis of their success in averting defaults, rather than on the basis of their collections on defaults. Congress created the program in 1998 to encourage guarantee agencies to focus more of their efforts on preventing students from defaulting in the first place.
+ But Congress also required that the program be “cost neutral,” and the department estimates that it will cost the federal government $2-billion over the next 10 years, even taking into account the savings from default reductions. The department says that it has no choice but to end the program, given its cost.
+ Some members of Congress are fighting the department’s decision, saying it will cause default rates to rise. On Monday, Democratic leaders of the House and Senate education committees sent a letter to Secretary of Education Margaret Spellings urging her to reconsider.
+ Light the Night Walk in Boston tonight
+ Please donate if you can!
+ While you listened to this podcast, an American died of leukemia
+ 3 people die per hour
+ Of course, 50 people die of smoking-related illness in the same time period

Scholarship Update
+ Michael A. Hunter Memorial Scholarship Fund
+ Offered nationwide to graduating high school seniors, community college and four year university students who are leukemia patients and/or are children of non- surviving leukemia patients. A note from the treating doctor must also be supplied to certify that the applicant or the applicant’s parents have leukemia
+ College students who are enrolled full time
+ Minimum 3.0 GPA
+ Demonstrates financial need
+ February 28, 2008 deadline
+ Details at our free college scholarship search site

Jobcast
+ A condensed version of my talk at Emerson
+ Build your personal brand first and decide your superhero power
+ Build a portfolio now of work around that superhero power
+ As you build it, start recording your progress on a personal blog
+ Create a big network on LinkedIn and groom it well
+ Solicit recommendations on LinkedIn
+ Find key influencers at companies you want to work at or work with
+ Do responsible, direct, honest outreach

Podsafe Music
+ Natives of the New Dawn, Good Day

Reminders
+ Get the Financial Aid Podcast by email!
+ Register for PodCamp Boston for free
+ Private student loans available at any time - visit AlternativeStudentLoan.com
+ Stafford federal student loans at StaffordLoan.com
+ Student loan consolidation at StudentLoanConsolidator.com
+ FAFSA form tutorials and free help at FAFSAonline.com
+ Financial Aid Podcast Show Notes at FinancialAidPodcast.com.
+ The Financial Aid Podcast is a publication of the Student Loan Network.