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    News and Articles on Student Loan Consolidation



    Student Loan/Consolidation Network Announces Good News from Congress  Aug 2, 2008
    There will always be financial assistance in the form of loans and student loan consolidation, but the new bill will create dozens of new programs such as scholarships and benefits for veterans and their children ... This includes the financing they get during college, and the student loan consolidation options they have after college. (Yahoo News -- Press Releases)

    Rates dropped July 1 on some student loans  Jul 7, 2008
    Student loan consolidation is a "one-shot deal." Once the loans are consolidated, they cannot be consolidated again -- the rate you consolidate at will probably be the final rate. Collins said, "People come here (Bradley Initiative Credit Union) wanting to pay off their student loans, sometimes because they are in default -- usually we can't touch those interest rates.". (Cleveland Daily Banner)

    Student Loan Consolidation Center Student Loan Trust I Announces Updated Pricing Terms For Its Tender Offer for Some of Its Student Loan Asset-Backed Auction Rate Notes  Jun 13, 2008
    June 12 /PRNewswire/ -- On May 30, 2008, Student Loan Consolidation Center Student Loan Trust I, a Delaware statutory trust ("SLCC I"), distributed an Offer to Purchase (the "Statement") and an accompanying Letter of Transmittal (the "Letter of Transmittal") in connection with its offer to purchase some of its outstanding Auction Rate Student Loan Asset-Backed Notes, Senior Series 2004-1A for aggregate cash consideration not to exceed $19,000,000 ... SOURCE Student Loan Consolidation Center... (PR Newswire)

    Budget director wants more oversight on student loans  Jun 7, 2008
    Meanwhile, SAF laid off 23 employees in April to go along with the 35 jobs not filled through attrition since last fall and ended its student loan consolidation program. Ewer contended that both the executive and legislative branches need to be more involved overseeing the student loan agencies because of the potential financial or reputational risk the state could face. (Missoulian, MT)

    Tackling Student Loans  Mar 20, 2008
    State " Zip: Email: 12 ISSUES FOR $12.00 71% OFF! 24 ISSUES FOR $18.00 79% OFF! 36 ISSUES FOR $24.00 Best Deal! Print Send WHEN IT WAS first introduced in the mid-1980s, student loan consolidation was touted as a much-needed solution for those struggling to pay their debts from college. Borrowers could combine their Stafford and Plus loans into one payment and lock in the prevailing interest rate typically, one lower than the average rates that they were previously paying on their other loans.... (SmartMoney)

    Student-loan firm to stop paying schools for help  Dec 12, 2007
    NEW YORK - Andrew Cuomo, New York's attorney general, yesterday said he has settled his investigation of a student loan consolidation company that paid fees to colleges and sports departments to help it market loans directly to students. Cuomo said Student Financial Services Inc., of Clearwater, Fla. (Boston Globe)

    ECU: No linkages with loan company  Sep 21, 2007
    East Carolina University officials told New York Attorney General Andrew Cuomo last week that the school had no direct connection to a student loan consolidation company under investigation. According to a Sept. 14 letter from a university attorney, ECU's only connection to University Financial Services, a student loan consolidation company, is through a marketing contract UFS has with International Sports Properties, which manages advertising for ECU athletics. (The Daily Reflector)

    Fighting Is A Basic Instinct For Some Mixed Martial Arts Athletes  Jul 13, 2007
    It's almost an instinct for a lot of people. If you are assaulted, you are naturally going to defend yourself and fight back. (Tampa Bay Online, FL -- Sports)

    iPhone Hype Brings Out The iPhishermen  Jun 29, 2007
    McAfee's analysis shows that that these sites use bait-and-switch tactics, where you are asked to complete three, four, even five "sponsor offers," such as applying for a credit card, start a student loan consolidation, or a subscription, and often with reputable companies like eBay and Netflix. Few people can ever complete all the requirements to actually get the free prize. (SmallBusinessComputing)

    DebtHelp.com Launches New Web Site with More Debt Information  Jun 19, 2007
    Find Student Loan Consolidation. Smart Money Management Starts Here. (Yahoo News -- Press Releases)

    School's Done, How Will You Pay Back Your Student Loans?  Jun 7, 2007
    You can do a student loan consolidation during your grace period or during repayment. You might even get to do a consolidation before you graduate. (Ontario Argus Observer, OR)

    Pay Off Your Student Loans the Smart Way  May 22, 2007
    Don't let this burden continue to weigh you down, make student loan consolidation a priority on your list of New Years resolutions. New federal rules allow the consolidation of student loans only once unless new loans are taken out. (Kansas City Kansan, KS)

    College loan flap graduates to alumni  May 8, 2007
    It says those ties "provide valuable information and opportunities to alumni regarding student loan consolidation, as well as generating income" for the alumni groups. Posted. (USA Today -- Money)

    Alumni groups, Nebraska firm on AG's radar  May 4, 2007
    The AG's office said Thursday it has begun serving subpoenas and requests for information on 90 college alumni associations seeking full disclosure of their relationships with Nelnet, one of the nation's largest student loan consolidation companies. Among the alumni groups with ties to the Nebraska-based Nelnet are State University of New York system schools Buffalo, Fredonia and Cortland, Niagara University and Le Moyne College in Syracuse. (Buffalo Business First, NY)

    Don't Stress Over a Possible Interest Rate Hike, Get the Nelnet Best Rate Guarantee Before July 1  May 2, 2007
    When Nelnet, a leading education planning and financing company, receives your completed student loan consolidation application before July 1, 2007, you will receive the lowest statutory interest rate available based on your existing loans through Nelnet's Best Rate Guarantee ... Student loan consolidation combines multiple federal student loans, such as Stafford and PLUS loans, into one loan with one low monthly payment ... The fixed interest rate for a federal student loan consolidation is... (PR Newswire)

    Federal Student Loan Consolidation  Mar 3, 2007
    Pros and cons of U.S. government student loan consolidation ... Here are some advantages and disadvantages to government student loan consolidation ... If you're a U.S. college student who is approaching graduation day or a recent college graduate, no doubt you've been contacted by student loan consolidation services about government student loan consolidation. (Suite101.com)

    College Loan Consolidation - Quick Tips for Finding Easy Payment Plans and the Lowest Interest Rates  Feb 6, 2007
    Now you are ready for part two of your Student Loan Consolidation Plan. for help choosing a lender and finding a payment plan that is right for you. (Kansas City Kansan, KS)

    Use Consolidation to Get Control of Student Loans  Jan 31, 2007
    The federal student loan consolidation program has been established to thwart the challenges that ensue by trying to manage multiple student loan payments ... What is student loan consolidation ... The Graduate Loan Center (GLC) focuses on helping students manage the high cost of paying for an education by offering the federal student loan consolidation program. (Coldwater Daily Reporter, MI)

    Student loan rate increase could threaten local businesses  Jul 18, 2006
    The company is a nationwide student loan provider and specializes in student loan consolidation. "We received over 4,383 calls and sent out over 448 applications on June 30," Simino said. (Tampa Bay Business Journal, FL)

    Note to Media: This is One Smoking Economy by CharlieRichards  Jul 1, 2006
    I didn t. Instead, I see headlines like Student Loan Consolidation Deadline This Week. Now there s an economic story. (Townhall.com)

    Hours Remain for Borrowers to Lock in a Low Interest Rate Through Student Loan Consolidation  Jun 30, 2006
    (Logo: ) To respond to last-minute requests from borrowers seeking to lock in today's interest rates through student loan consolidation, Sallie Mae will divert all available customer service personnel to focus on helping individuals with consolidation-related issues ... Through student loan consolidation, customers who apply for consolidation before July 1 could lock in an interest rate as low as 4. (PR Newswire)

    Student Loan Consolidation Deadline This Week  Jun 30, 2006
    NEW PURPORTED OSAMA BIN LADEN AUDIO TAPE POSTED ON INTERNET. TAPE IS A 19-MINUTE TRIBUTE TO ABU MUSAB AL-ZARQAWI. June 28, 2006 Friday is the deadline for current and former college students to consolidate their federally guaranteed loans and lock in new fixed interest rates that, starting Saturday, will rise as high as 7 percent. (ABC News -- Business)

    Counting Down the Hours Until Student Loan Deadline  Jun 28, 2006
    However, many savvy borrowers have taken advantage of a free government program to save this money and eliminate a few financial worries, as well: student loan consolidation ... As the federal deadline approaches, student loan consolidation companies are being swamped with requests for information on this program. (PR Newswire)

    Congressman Urges Student Loan Consolidation  Jun 21, 2006
    Allen's Proposal to Reverse the Raid on Student Aid PASADENA, Calif. June 20 /PRNewswire/ -- U.S. Representative Tom Allen (D-ME) recently warned student-loan borrowers about upcoming interest rate increases, stressing that immediate student-loan consolidation is the best way to save thousands of dollars. (PR Newswire)

    Time to consolidate is near  Jun 18, 2006
    "They give you a lot of hype. They make it sound like it's 'do or die.' They make their pieces look like federal government mail. Students, rightfully so, are confused about all of this mail that they are getting. It's difficult for them to understand the student loan consolidation process.". Through July 1, 2006, all student loans are at a variable interest rate - anything thereafter is at a fixed interest rate because of the Deficit Reduction Act of 2005 that gutted $12. (UCD Advocate, CO)

    Got College Loans? Big Money's at Stake  Jun 17, 2006
    ABC News: Mellody Hobson: Student Loan Consolidation ... Mellody Hobson: Student Loan Consolidation. (ABC News)

    Student loan options widen  Jun 16, 2006
    Student loan consolidation will become far less attractive after July 1. Federal student loans issued after then will carry a fixed 6. (USA Today -- Money)

    Student loan consolidation urged as rate hike looms  Jun 13, 2006
    Which candidate do you prefer in the race for governor. Like many college students, Gina Parisi is graduating from Johnson & Wales College with a degree, a job and a pile of federal student loans. (The Standard-Times, MA)

    Act NOW To Save On Student Loans  Jun 8, 2006
    "The benefits of that are, it's simple, so you're not trying to pay multiple payments and missing on any of them. You save money, because you can lock in a low interest rate that I know is going to rise in July, so this should be National Student Loan Consolidation Month right here! And you lock in certainty: Your payment will never change on a loan consolidation loan.". But, stressed Martin, time is of the essence. (CBS News -- Early Show)

    Consolidating student loans now could save you plenty later  Jun 8, 2006
    There's plenty of attention on student loan consolidation this year because rates are rising ... To make the most out of student loan consolidation, borrowers should shop around for a good deal. (Sun-Sentinel.com)

    Student Loan Consolidation: Waiting Means Paying More  Jun 2, 2006
    The Clay County Daily Advocate-Press :: Flora, IL. Friday, June 02, 2006. (Flora Daily Clay County Advocate-Press, IL)

    Reducing Student Loan Debt  Jun 1, 2006
    Eric Bornemeier, with TelNet, said, "What we're doing is encouraging people to act on their student loan consolidation debt to allow them to save thousands of dollars over the life of their loan.". When you consolidate you roll all your loans into one and lock in a single rate on the money. (KLAS-TV)

    College loan consolidation can be a good deal  May 12, 2006
    But student loan consolidation programs vary, based on a number of factors, and, as with any loan, you need to probe for the terms before you swallow the bait. In general, we have to admit, we're a bit leery of debt consolidation. (Pittsburgh Post-Gazette, PA)

    As Congress Debates Repeal of Single Lender Rule, Student Loan Borrower Advocates Watch ... and Prepare  May 11, 2006
    com and student loan consolidation, go to or call toll-free 1-888-423-0311. ABOUT EDLOAN.COM EdLoan. (PR Newswire)

    Why You Should Consolidate Your Student Loans  Apr 30, 2006
    Student loan consolidation can significantly lower your monthly payment by lengthening the term of your loans, with no prepayment penalties. "This is the time to be thinking seriously about debt consolidation because come July interest rates are definitely going up," says David Beach, chief marketing officer for. (Kansas City Kansan, KS)



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