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)
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)
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)
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)
> 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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
New students still without funds Oct 9, 2009
Up to 175,000 students in the UK may still be waiting to receive their student loans and grants, a week after most courses started ... The Student Loans Company blamed late applications and technical problems ... England's Higher Education Minister David Lammy held a meeting with the Student Loans Company on Thursday to discuss the situation and so that the body "could hear the concerns of those working with students". (BBC News -- UK)
Another government takeover Oct 9, 2009
This contradictory and ironic statement hardly mirrors his proposal to make the federal government the only provider of student loans in the country ... More than 75 percent of student loans in America are currently originated by commercial and non-profit lenders under the Federal Family Education Loan (FFEL) program ... This program allows the private sector to compete for student loan customers with government-backed loans, resulting in healthy competition that drives down costs for students. (Orangeburg Times and Democrat, SC)
Leadership CP signs great class Oct 9, 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)
Credit card debt down in September Oct 9, 2009
Other categories of consumer debt fell, too home mortgage loans and auto loans except for student loan debt, which rose to $26,295 for the average consumer in September, up from $26,080 in August. Four states had double digit drops in credit card debt since June. (New Mexico Business Weekly, NM)
The Young Pro Oct 8, 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)
Defamation Suit Dismissed Against Alleged Online Griper and Web Site Oct 7, 2009
When he attended, he told staff he would pay the balance when a student loan came through, according to the ruling. The academy, which bills itself as a "highly selective summer institute" offering finance and business seminars taught by experienced faculty, expelled Milewski, citing his behavior, which it described as "disruptive ... and rude and insulting" to staff members, and for failing to pay his tuition. (Law.com)
Uncle Sam Could Help More College Students Pay Their Tuition Bills Oct 7, 2009
Today, Fifth District Congressman Chris Murphy made his pitch for the Student Aid and Fiscal Responsibility Act--which would dramatically change the way the student loan program is run by taking federal, subsides for the loans away from the banks and giving control of the program to the U.S Department of Education. "They've made billions of dollars off the student loan program, " said Congressman Murphy ... "I just don't think the student loans should be a source of profit. I think that the... (FOX61, CT)
Student loan default rate doubles Oct 6, 2009
An Independent Student Newspaper. Serving The George Washington University Community Since 1904. (GW Hatchet, Washington DC)
Government Reform Could Change VSAC Oct 6, 2009
Congress is considering a major overhaul of the federal student loan program ... "If you're a Vermonter and this bill goes through, you'd be calling 1-800-somewhere to try to get help with your student loan, and I think a lot of Vermonters are used to calling VSAC and getting the sort of support and assistance they need and i'd rather call locally," said VSAC President and CEO Don Vickers. (WCAX.com, VT)
State could be hurt by student loan bill Oct 6, 2009
The U.S. House recently approved a big money-saving move in the federal student loan program. The federal government will stop guaranteeing loans financed by private lenders and replace them with less costly student loans financed directly with Treasury funds ... Making those low-risk, government-backed student loans proved highly profitable, and it mushroomed into a multibillion-dollar business. (Juneau Empire)
Creditors Scramble for College Students Oct 6, 2009
-based SLM Corp., the nation's largest college student loan company, commonly known as Sallie Mae. Natalia Madrigal, 18, an undecided freshman at Arizona State University in Tempe, supports the new law and isn't trying to get a credit card before the law kicks in. (ABC News)
Review: Iowa Student Loan Must Repay $15M Oct 5, 2009
DES MOINES, Iowa -- A federal agency said Iowa Student Loan Liquidity Corp. has used illegal cash inducements to attract more business and must repay money to the government, The Des Moines Register reported Sunday in a copyright story. The Department of Education review found the private nonprofit company improperly paid the fees to the Iowa State University Alumni Association in hopes of directing more business to Iowa Student Loan ... Iowa Student Loan board chairman Tim Bottaro said the... (7 KETV Omaha)
Ask the expert Oct 5, 2009
Are you worried about your student loan ... Has your application for money to pay for your living costs or tuition fees got stuck at the Student Loans Company. (BBC News -- UK)
Rush for loans by Scots students Oct 3, 2009
Some people have been worried by reports of the widespread problems affecting tens of thousands of students, especially in England, whose applications are handled by the separate - albeit Scottish-based - Student Loans Company. "Because Saas calculates the amount of loan they will receive, Scottish students are not currently affected by the delays in student loan payments being experienced by students in England," the Saas said. (BBC News -- Business)
Overhauling college aid Oct 3, 2009
House bill would overhaul student loan system for the first time since the 1960s. A higher education is one of the key building blocks in achieving income equality and giving people the skills they need to make a better life for themselves. (Herald Online, SC -- Opinion)
Smith: Status Quo Is Broken for Young Adults Oct 2, 2009
Getting to universality through an individual mandate has the potential to add financial burdens on those with low wages, student loan debt and little savings. Two reform proposals are critical here. (Roll Call)
Washington politicians try to help man who faces deportation Oct 2, 2009
unnown01 wrote on Oct 1, 2009 1:57 PM:" RealityCheck are you kidding me, try doing a little research. Nobody is denied a federal student loan. Everyone wants a handout loan they don't have to pay back. There is a big difference. Why do you people even bother with TDNBB? Either he says the things he says to get a reaction out of you. Or, he is so oblivious to reality he should be locked in a mental institution. ". classic_mustang_chick wrote on Oct 1, 2009 3:06 PM:" How is it that illegals can... (Longview Daily News, WA)
Letters to the editor (10/2/09) Oct 2, 2009
Student loan program needs to follow lesson of its past. Thank you for your Sept. 27 editorial ("Student loans") regarding my vote on H.R. 3221, the Student Aid and Fiscal Responsibility Act ... H.R. 3221 would eliminate the FFEL program and shift all student loans to the DL program. (Anchorage Daily News)
' + dsq_num_posts + ' Comment' + (dsq_num_posts != 1 ? 's' : '') + ' Oct 1, 2009
As I told you and the other council members in the last city council meeting, Suriya came to me with this student loan application form that required that I sign on the line to testify that she indeed was employed with the City of Buckley. . (Enumclaw Courier Herald, WA)
Student Loan Default Rates Go Up On Down Economy Sep 30, 2009
The student loan default rate in Missouri this year rose from 4 ... There are also many resources available for borrowers who are having difficulty repaying student loans. (Saint Louis Front Page)
