Challenge That IRS Substitute Retur... Nov 8, 2009
The IRS has records of tuition fees and/or payments made, student loan interest reported as paid, mortgage interest and, often, real estate taxes. (While most of these are not business expenses, part of the mortgage interest and real estate taxes might be. (Suite101.com)
How are you faring in this worsening job market? Nov 7, 2009
I ll never get my student loan paid off at this rate. Uri. (Atlanta Journal-Constitution -- Business)
Reward students for work ethic Nov 6, 2009
I didnt ask any questions wasnt hoping for any scholarship got a student loan and the rest is history " eleventhirty wrote on Nov 5, 2009 12:20 PM:" I'm not sure what this young lady is talking about. A strong GPA can make most people eligible for scholarships through private organizations like the Kiwanis Club. (Logan Herald Journal, UT)
Settle IRS Debts Nov 6, 2009
The information supplied by the IRS files will usually include home mortgage interest, real estate taxes, interest income, tuition payments, student loan interest paid, unemployment compensation amounts, and W-2 sources and totals. Add to this information, the spouse s income (if any), the taxpayer s correct filing status, correct numbers, names and social security numbers of its spouse and dependents (if either existed for that tax year), verifiable charitable contributions and other deductible... (Suite101.com)
Government to take over college loan pool Nov 4, 2009
The change, perhaps as soon as July, would end the Federal Family Education Loan program that has dominated the federal student loan pool for more than 40 years ... Colleges that once kept a long list of lenders are converting to the Direct Loan Program, in which student loans come directly from the government ... "But direct lending does not solve the student loan debt problems. "We would like a lot more grant money, more work study, financial literacy training," Shelton said. "I need student... (AZCentral -- Business)
'House Call' on Pelosi Thursday Nov 4, 2009
They own banks, insurance companies, mortgage companies, the student loan industry, GM, Chrysler -- 30 percent owned or controlled by the federal government. Health care would be an additional 18 percent. (Human Events Online)
Ghanaian Politician heading to Iran to bring American Hostages ? Nov 2, 2009
"Later in 2003, the White House announced that President George Bush's administration would pursue an "American led democratic Revolution". "I was so over-joyed with the announcement that I publicly praised President George Bush's administration via my emails to the Press". "Strangely, I lost my jobs - (soon after I had praised President George Bush)", said the Iconic Civil Rights and Human Rights Crusader who is now appealing to the White House to open an investigation into his legitimate... (Ghana Web, Ghana)
Warning over student loan changes Nov 1, 2009
It recommends creating a new "centre of excellence", possibly in Colwyn Bay, Conwy county, where the Student Loans Company (SLC) has a base. The SLC handles the payments of student loans, while assessments are carried out by about 110 staff in local authorities ... We feel that the Student Loans Company are not robust enough to be able to deal with the weight of inquiries and business that this would bring their way. (BBC News -- UK)
Restructuring powers gains at TECO Energy Nov 1, 2009
2 million of project development costs at Tampa Electric, and $200,000 associated with the sale of student loan securities in the third quarter. The restructuring charges were taken to create a leaner, more nimble organization, and to position the utilities to earn their allowed returns despite the weakened Florida economy, Sherrill Hudson, chairman and chief executive of Tampa-based TECO Energy (NYSE: TE), said in the release. (Tampa Bay Business Journal, FL)
With a big voice, and bigger heart,her Broadway dream comes true Nov 1, 2009
It ended with her moving to New York, struggling for work, and facing a staggering student loan debt of $130,000 ... Principals on Broadway get anywhere from $2,000 to $5,000 a week, says her agent; Umoh calculates that if the show runs for three years, she ll be able to pay off her whole student loan. (Boston Globe)
Apollo Weakness for Phoenix Revenues Spurs Short Sellers With SEC's Probe Oct 31, 2009
The company supports a proposal in Congress that would allow colleges to exceed the 90 percent ceiling on the portion of revenue from financial aid until 2012, and not to count increases in student loan limits as federal revenue ... He is unemployed, owes $45,000 in student loans and may declare bankruptcy, Saffery said. (Bloomberg)
Winfrey, Clooney among first White House guests Oct 31, 2009
Podesta said he and Sallie Mae urged the administration to let multiple firms handle student loan originations rather than one company, Accenture. The administration didn't, so it was failed lobbying, he said. (USA Today)
Flight School's Student Loan Suit Settled Oct 31, 2009
Each student enrolled in Silver State's 18-month helicopter training program paid $70,000 in tuition up front, mostly in loans from one preferred lender, Student Loan Xpress. Video. (News4Jax.com, FL)
Government Takeover on Campus Oct 30, 2009
Since 1993, the government has also made subsidized loans available through a direct-lending program - think of this as the "public option" for student loans ... Alexander explains, "Right now, we have 2,200 profit and non-profit lenders who provide students with information, counseling, and help filling out applications. And, suddenly, their role is going to be eliminated." The administration's plan would make getting a student loan about as much fun as dealing with the IRS or DMV. "Students... (CBS News)
Two grants available for students Oct 30, 2009
Loyola students are eligible for two new federal government student loan repayment programs the Income-Based Repayment and Public Service Loan Forgiveness programs, both part of the College Cost Reduction Access Act passed by the Bush administration in 2007 and became effective on July 1, 2009 ... The first program is designed to make it easier for students to pay back their federal student loans by adjusting monthly payments according to income and family size ... After working full-time for a... (The Maroon, LA)
Sallie Mae to take $85M to $95M loss Oct 30, 2009
In the third quarter the student loan giant swung to a third quarter profit of $159 million after a drop in delinquencies and increased loan activity, the company announced last week. Bryant Ruiz Switzky of the Atlanta Business Chronicle, an affiliated publication, compiled this report. (New Mexico Business Weekly, NM)
Federal student loan program gives breaks to public service attorneys Oct 29, 2009
for free extra services. Subscribe to Silicon Valley / San Jose Business Journal. (San Jose Business Journal, CA)
Students share in debt agreement Oct 29, 2009
BOISE (AP) Three dozen former Idaho students from a bankrupt helicopter training school will share in a $112 million debt-relief settlement with lender Student Loan Xpress ... 5 million, making up 75 percent of the total amount they borrowed from Student Loan Xpress to finance classes at Silver State Helicopters ... By 2008, it had discontinued operations, but many students were left owing Student Loan Xpress a substantial amount of debt for training and certifications they d paid for but never... (Ontario Argus Observer, OR)
John Pilger: Postal strike in Britain is the war at home Oct 29, 2009
Unmatched since Margaret Thatcher s transfer of public wealth to a new gross elite, the sale, or theft, will include the Channel Tunnel rail link, bridges, the student loan bank, school playing fields, libraries and public housing estates. The plunder of the National Health Service and public education is already under way. (Sydney Morning Herald -- Opinion)
Leadership CP signs great class Oct 29, 2009
Caroline Hernandez with Texas Guaranteed Student Loan Corporation is committed to making a difference in her community. James Kerekes with Signature Eye Care brings his military experience to help round out the class. (Cedar Park Hill Country News Weekender, TX)
What recovery? Oct 29, 2009
In three weeks time, she will have to make her first student loan repayment. "I did go to the university of Rhode Island, which is a public institution," Colleen says. (BBC News -- Americas)
Student Loan Xpress to forgive $113M Oct 28, 2009
Student Loan Xpress will forgive nearly $113 million in debt for students who obtained loans to attend a now-bankrupt helicopter training school, under a settlement between the loan provider, Missouri and 11 other states ... 9 million in student loan forgiveness, state Attorney General Chris Koster said Tuesday ... For at least two years, Student Loan Xpress served as the preferred student lender for Silver State Helicopters, providing about $172 million to more than 2,800 students nationwide,... (St. Louis Business Journal, MO)
Helicopter students to have loans forgiven Oct 28, 2009
Florida and 11 other states have obtained a multimillion-dollar settlement with a private student loan provider, resolving an 18-month multistate investigation ... Florida, which was the lead state in the investigation and the settlement negotiations, will have more than $17 million in student loans forgiven ... This is an excellent resolution for those students whose dreams of flying were grounded, but who were still stuck with student loans to pay back, Attorney General Bill McCollum said in a... (South Florida Business Journal, FL)
> Federal student loan program gives breaks to public service attorneys Oct 28, 2009
Federal student loan program gives breaks to public service attorneys - Silicon Valley / San Jose Business Journal ... Federal student loan program gives breaks to public service attorneys. (San Jose Business Journal, CA)
The Young Pro Oct 28, 2009
Thursday, January 1, 2009 2:28 PM EST. Harkins is The Citizen's innovation coordinator, an active member of the IGNITE young professionals group in Cayuga County and is always happy to hear from fellow young pros. (Auburn Citizen, NY)
Higher education feels fiscal pain Oct 26, 2009
"Gov. Paterson certainly recognizes the importance of higher education, which is why he proposed and enacted a new $350 million student loan program, among other initiatives," Anderson said. Copyright 2009 Associated Press. (Albany Times Union)
WyoLoan to suspend practices in March Oct 26, 2009
CHEYENNE -- The Cheyenne-based non-profit Wyoming Student Loan Association will suspend making new loans indefinitely starting in March as it eyes legislation that would put the government in charge of all federal student lending ... WyoLoan, like other private student loan lenders around the country, administers public college loans that are subsidized by taxpayers ... WyoLoan relies on current loan receipts to fund future student loans. (Casper Star-Tribune, WY)
Students still Hawaii teachers' top concern amid budget crunch Oct 26, 2009
"Like many other teachers and their families, Kim said she and her husband will need to make adjustments to account for Kim's loss of income.Their dual income will enable them to pay the mortgage on their newly purchased home, but Kim said they'll likely go out less and put off any vacations. They'll also have less to save for their retirement.Suzy Wood, a fifth-grade teacher at Kailua Elementary, said she'll have to tighten an already-tight belt to get by.Anticipating the pay cut, Wood paid... (Honolulu Advertiser)
Federal student loans offer a less costly alternative Oct 25, 2009
The student lender best known as Sallie Mae posted a third-quarter profit that beat Wall Street expectations as credit markets improved and student loan activity increased ... So I take it as good news that private student loans are declining fast ... In it's third-quarter report, Sallie Mae, the nation's largest student loan lender, said it had originated $893 million in private education loans, a decrease from $2. (Fresno Bee -- Business)
Choosing federal over private loans can help keep student debt in check Oct 25, 2009
So I take it as good news that private student loans are declining fast ... In its third-quarter report, the nation s largest student loan lender said it had originated $893 million in private education loans, a decrease from $2 ... Interest rates for private student loans currently range from about 9. (Boston Globe)
Thriftiness Can Build That Cash Oct 24, 2009
The empty nester who's put two kids through college but hasn't even started a retirement account will follow a different path from the person right out of college, trying to knock down a student loan and saving for a condo. But when building a retirement cushion, most experts agree on a few things: Save early and often. (Investors Business Daily)
Smith: Renner a solid investment for Bulldogs Oct 24, 2009
He applied for every federal student loan possible, not the least bit deterred by the fact that some day the paying back of those loans could be a challenge. The way he sees it, a degree is an investment that will enable him to meet the obligation he is assuming by playing football for the Bulldogs and earning a diploma from the Terry College of Business. (Athens Banner-Herald)
The Consequences of Unpaid Student ... Oct 24, 2009
The Consequences of Unpaid Student Loans. The Consequences of Unpaid Student Loans ... Student Loan Debt May Result in Lawsuits and Wage Garnishment. (Suite101.com)
Endowment Inhibits Financial Aid Reform Oct 24, 2009
The proposed five percent endowment spending program by the Senate, which Georgetown already surpasses, comes at a time when progressive financial aid programs have already spread to other colleges, including the University of Pennsylvania, Dartmouth University, Swarthmore College and Haverford College, all of which have begun efforts to reduce or eliminate student loans ... Deacon said that, at the moment, Georgetown does not have any definitive plans to resolve the student loan issue ...... (The Hoya, Washington DC)
Cut exec pay or government stay away? Oct 23, 2009
The recipient can do whatever they so choose to do with the proceeds, unless stated otherwise in the contract i.e. mortgage, car, or student loan. Should the banks have been bailed out. (Atlanta Journal-Constitution -- Business)
House panel OKs agency protecting consumers from abusive fees, hikes Oct 23, 2009
that would have exempted student loan providers. Frank charged that those provisions were aimed at gutting the bill. (USA Today -- Money)
Congress moves to expand financial oversight... Oct 23, 2009
that would exempt student loan providers, that he said were aimed at gutting the bill. One GOP measure that could survive was Rep. (The Drudge Report)
From John Birchers to Birthers, Thomas Frank, The Wall Street Journal Oct 23, 2009
One episode last month featured Mr. Beck and a panel of guests speculating darkly about indoctrination in the public schools, about the war on religion, about the Federal Reserve, about the student loan system, the United Nations, and the swine flu vaccine. As a bonus, Mr. Beck rattled off a short history of lobbying that was almost entirely incorrect perhaps to illustrate his favorite plaint about Americans not learning history. (Harper's Magazine)
Avoid these common student financial aid mistakes Oct 23, 2009
Follow these tips from The Student Loan People make sure you get all the help you need ... That goes for both federal student loans and private loans ... The Student Loan People is a public, nonprofit corporation that provides education loans for students and parents through the Federal Family Education Loan Program (FFELP). (Princeton Bureau County Republican, IL)
Student Debt Help Oct 21, 2009
How to Avoid Student Loan Default. Are you looking for a way to continue repayments and avoid student loan default ... Unlike other unsecured debt, it is not possible to write-off student loans with a debt solution. (Suite101.com)
Pharma giant Roche sues Credit Suisse over securities Oct 21, 2009
According to Le Temps, Roche brought the case on Thursday to the New York federal court, accusing the Swiss bank of selling it risky auction-rate securities instead of guaranteed student loan securities. Credit Suisse has lost a very similar case against semi-conductor maker ST Microelectronics. (Yahoo News -- Pharmaceutical Industry News)
Can’t afford your student loan payment? Maybe you should push pause Oct 21, 2009
Can t afford your student loan payment ... Can t afford your student loan payment ... That won t stop your student loan bills from arriving. (Boston Globe)
Sallie Mae Posts Profit as Credit Market Improves Oct 21, 2009
The student lender best known as Sallie Mae posted a third-quarter profit that beat Wall Street expectations as credit markets improved and student loan activity increased ... That's because the bulk of its federal student loan portfolio earns interest based on commercial paper rates, which were artificially lowered to levels that created a wide gap with the higher London Interbank Offered Rate, or LIBOR, the rate at which banks lend to one another. (ABC News -- Wire)
Obama should make his birth certificate public Oct 20, 2009
Is this the same Obama who applied for a foreign student loan from Occidental College using his stepfather s last name. Has Obama pulled off the biggest con in world history. (Klamath Falls Herald & News, OR)
Boris Johnson: Divorce is good for London Oct 20, 2009
Up for sale will be the betting company Tote, the Channel tunnel rail link, a 32 per cent stake in the uranium processing company Urenco, and the student loan book. http://www. (Sydney Morning Herald -- Opinion)
How to Find Student Loans with No C... Oct 19, 2009
How to Find Student Loans with No Credit History. How to Find Student Loans with No Credit History ... Applying for a No Credit Check Student Loan. (Suite101.com)
How Federal Perkins Student Loans W... Oct 19, 2009
How Federal Perkins Student Loans Work. How Federal Perkins Student Loans Work ... Applying for a Student Loan from the Federal Government. (Suite101.com)
Critics say another law school is last thing Massachusetts needs Oct 19, 2009
But at a time when top law firms are deferring planned hires, some lawyers speculate that graduates will be forced to pursue positions that are lucrative enough to defray hefty student loan payments, some said. Even at half the price of private law schools, the proposed UMass public law school will still put its students in a massive debt hole, and those students will probably take the most lucrative private practice job they can kind to pay off those debts, Mystal said. (Boston Globe)
One industry that's booming: debt collection Oct 18, 2009
Premiere, which specializes in student loan collections and government debt from traffic tickets to back taxes, bumped its work force from 250 in January to 361 in August. It expects to employ more than 500 people in a few years. (Fresno Bee -- Local)
How to Repay Student Loans Early Oct 18, 2009
Student Loan Pre-Payment Comes With Its Own Set of Hassles ... Sometimes it make sense to pay off your student loan right away but that's not always the case ... Like many recent college graduates, the Indiana University alum has about $20,000 in student loan debt. (ABC News -- Business)
Health care gamble Oct 18, 2009
McGowin has passed on federal or state-subsidized insurance plans, such as Healthy New York, reasoning he's relatively healthy and doesn't want to add another cost to his monthly student loan, rent and car payments. For a single adult in the Capital Region, Healthy New York standard coverage costs about $265 a month for the plan that includes prescriptions. (Albany Times Union)
New Derivatives Rules Lead Financial Reform Oct 17, 2009
The House has approved bills to put new curbs on executive pay and to reshape the student loan market, but the Senate has not yet acted on those two initiatives. The financial services committee was set to vote next week on setting up a proposed Consumer Financial Protection Agency. (Newsmax)
Where to Get a Student Loan With Ba... Oct 16, 2009
Where to Get a Student Loan With Bad Credit. Where to Get a Student Loan With Bad Credit ... Approval for Bad Credit Student Loans. (Suite101.com)
Troubleshooters lead loan review Oct 16, 2009
The government has appointed two troubleshooters to lead a review of student loans problems, which have left tens of thousands waiting for funds ... The body responsible for organising the loans - the publicly funded Student Loan Company - had "fallen short of public expectation" and had announced an internal review, he said ... Something has gone wrong in relation to the Student Loans Company. (BBC News -- Business)
No job and student loans due? Dont fret Oct 16, 2009
No job and student loans due ... No job and student loans due ... The six-month grace period on student loans for the class of 2009 is about to expire, which could be a problem for those who have yet to find jobs. (MSNBC -- Business)
A Florida Medical School's Effort to Solve the Shortage of Primary-Care Docs Oct 15, 2009
Over the summer, President Obama announced the Public Service Student Loan Forgiveness Program, which erases big chunks of debt for medical students who do 10 years of primary-care clinic work in communities like those the FIU students are serving; and Congress has healthcare-reform companion bills pending that would boost the number of primary-care doctors by some 15,000 by subsidizing their training. Experts also insist ways have to be found to make family physician salaries and Medicare... (Time.com)
The BBC roadshow meets a need Oct 15, 2009
Laura Watson gets advice on problems with her student loan. Money Matters By Kevin Peachey Personal finance reporter, BBC News, Glasgow. (BBC News -- Business)
British Opponents Brand Plan a 'National Car Boot Sale' Oct 14, 2009
Plans to sell off $25 billion of government assets, including the Tote, the Dartford Crossing, the student loan book and the Channel Tunnel rail link, were branded a national car boot sale yesterday, according to Times of London ... Experts in infrastructure and corporate finance pointed out that the Government would have to drum up demand in depressed markets for real estate assets and the student loan book, while a number of other assets also had their own, unique problems. (Fox News)
Britain unveils huge asset sale to cut debt Oct 13, 2009
The planned disposals, which also include a 33-percent stake in European uranium consortium URENCO and the Student Loan Company, would raise the equivalent of 25. 4 billion dollars or 17. (Yahoo! Asia News)
* Recession-hit UK to sell raft of state assets, PM says Oct 13, 2009
The planned disposals include the 33 percent stake in European uranium consortium URENCO, the Student Loan Company and the Tote bookmakers ... That includes the student loan book, the Channel Tunnel rail link; that includes URENCO X subject to security issues being addressed X and that also includes the Tote, other facilities, and [a] property portfolio, he said. (Taipei Times, Taiwan)
Student Debt Consolidation Loans - ... Oct 13, 2009
Discover the pros and cons of consolidating debt with a student loan ... Lower student loan interest rates ... Reducing monthly repayments by consolidating debt with a student loan could give the borrower a false sense of security. (Suite101.com)
More Texans Fail To Pay Student Loans Oct 12, 2009
EL PASO, Texas -- More Texans than ever have failed to pay back their student loans ... Talk of student loans evoked cringes from current UTEP student Cynthia Solis ... Over the last three years, the student loan default rate in Texas has jumped from 5. (KFOXTV.com, TX)
Consolidate Student Loans for Money... Oct 11, 2009
Consolidate Student Loans for Money Management. Consolidate Student Loans for Money Management ... Refinance Student Loans to Manage Personal Finance. (Suite101.com)
Uncle Sam Demands More Than Valentine From Farmers (2) Oct 11, 2009
Student loan interest is deductible on educational loans. Individuals who pay interest on qualified educational loans can claim a deduction of up to 2,500 for that interest expense. (Agri-View, WI)
Tories warn student loan minister Oct 10, 2009
The Student Loans Company (SLC) has given the BBC figures suggesting that at least 175,000 applications in the UK have not been processed ... "The government is ultimately in charge of the student loans system and senior officials were present at all the meetings where problems were discussed, so ministers cannot duck their responsibility for this year's problems." ... The Student Loans Company blamed this on late applications, in part, and on technical problems. (BBC News -- Business)
