Defaults rise on federally backed student loans in Iowa
Iowa’s 1994 default rate on federally backed student loans is 6.8 percent, up from 6.3 percent, with most institutions below the national average of 10.7 percent. No Iowa schools face possible expulsion from federal loan programs, though Cedar Rapids' Hamilton College and Hairstyling trades show above average defaults.
MENTIONED IN THIS ARTICLE
Becky Stover
Iowa
Department of Education
Cedar Rapids
Hamilton College
Cedar Rapids School
Hamilton
Susan Spivey
Business College
Iowa School of Barbering & Hairstyling
Des Moines
Iowa School of Beauty
Mason City
Iowa School Loan Default Rates for Year Ending June 30 1994
A financial chart presents the default rate on student loans for the fiscal year ending June 30 1994 at selected Iowa schools. The data highlights the scope of loan defaults among higher education borrowers and informs policy discussion.
MENTIONED IN THIS ARTICLE
Iowa
Lawmakers push first step to end Iowa inheritance tax
DES MOINES Republicans move to eliminate the state inheritance tax for lineal family members with Senate action expected next week. Sen. JoAnn Douglas says partial repeal is affordable and Democrats may push a full repeal as an amendment. Branstad supports the plan. Democrats note revenue from nonresidents.
MENTIONED IN THIS ARTICLE
Rod Boshart
Des Moines Bureau
Des Moines
JoAnn Douglas
R-Adair
Senate
Ways and Means Committee
Douglas
Lundby pushes bill for teen runaway program funding
Iowa Senator Mary Lundby launches another effort to create a runaway assessment and treatment program. The plan would empower authorities to detain chronic runaways up to 48 hours, require parental counseling, and bar adults from harboring runaways. A previous version failed for lack of funding and was vetoed for unfunded demonstration projects.
MENTIONED IN THIS ARTICLE
Gazette
Ves Moines Bureau
DES Moines
Linn County
Mary Lundby
Marion
Lundby
Terry Branstad
Union accuses Branstad of misrepresenting teacher pay plan
The Iowa State Education Association criticizes Gov. Branstad’s budget for education as misleading. It argues the proposed raise from 18 000 to 20 000 does little to change actual salaries, noting the average starting pay is about 21 500. The union backs a 25 000 minimum starting wage and 35 000 for new teachers with master's degrees.
MENTIONED IN THIS ARTICLE
DES Moines
Terry Branstad
Branstad
Iowa
Bill Sherman
Iowa State Education Association
Sherman
Iowa lawmakers push 10 percent income tax cut to spur growth
Iowa House Speaker Ron Corbett argues a 10 percent cut in the 9.98 percent marginal rate would reduce the effective rate to about 5 percent and attract business. Gov Branstad joins to keep Iowa competitive while noting past tax cuts have raised revenue and moved from deficit to surplus.
MENTIONED IN THIS ARTICLE
Gazette
Eanor
DES Moines
Iowa
Ron Corbett
Cedar Rapids
Republican
Terry Branstad
Corbett
Branstad
General Assembly
Minnette Doderer
Lown City
Doderer
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Iowa School of Barbering
Hamilton Business
Institute of Commerce
Davenport
Iowa School of Be
Marshalltown
Southeastern Community College
West Burlington
la James College of Hairstyling
Ellsworth Community College
Iowa Falls
Ottumwa
Des Moines Area Community College
Ankeny
Marshalltown Community College
Capri College
Dubuque
Iowa Central Community College
Fte
Cedar Rapids School of Hairstyling
Mount St. Clare Clinton
Creston
William Penn Southwestern Community College
Iowa City Ottumwa
Indian Hills Community
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American Institute of Business
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North Iowa Area Community College
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University of Iowa Iowa City
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Palmer College of Chiropractic
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Decorah
Grinnell College
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Mount Mercy Col Cedar Rapids
Osteopathic Medicine
Allen College of Waterloo
Covenant School of Radiologic Technology
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