College Planning Specialists

May 17, 2007

Student Loan Scandal Rages: Where Do San Francisco Bay Area Parents Turn for Help?

Filed under: Colleges — deansguide @ 1:42 am

The rocket-jet stratospheric rise in College tuitions is hitting an all time high with no end in sight. This is a monster burden most parents are not prepared to take on when the time comes to send their children to college. Complicating and aggravating matters is the ongoing student loan scandal that continues to rock the nation’s universities.

In one of the worst examples of kickbacks, the University of Texas (Austin) fired their Director of Financial Aid Lawrence Burt. According to the University, the firing was handed down due to “improper conduct.” This conduct included “the determination that Burt had more ties to a student loan company than had been previously known and that Burt had begun recommending the lender to students a few months after he bought stock in it’s parent company.”

With multiple stories of this ilk littering our scholastic landscape, it is no wonder parents are feeling distrusting, outcast, and unsure where to turn for financial help. High schools are understaffed with guidance counselors often assigned hundreds of students. In many cases these counselors are not informed in alternative forms of student tuition financing. The information flow can be slow or even misinformed in some cases. Where do parents turn for answers?

Consequently “College Planning Specialists” main platform will be to provide pertinent, alternative, and important financial aid information for the parents of college bound students in the San Francisco Bay Area. For more information about the student loan alternatives, we invite readers to follow our upcoming series “Student Loan Alternatives: Answers for Parents.” If you need immediate assistance, please contact Dan Evertsz of College Planning Specialists 415 756.6007.

Advertisements

Leave a Comment »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Blog at WordPress.com.

%d bloggers like this: