30 November 2007, 14:02 No comments
Colleges are moving to eliminate — or at least ease — student debt as pressure builds in Washington for them to spend more from their endowments to help families afford the rising cost of school. And this year, Emory University in Atlanta announced its “Emory Advantage” program, which eliminates loans for undergraduate students whose families […]
29 November 2007, 14:02 No comments
In addition, some Stafford loans are subsidized by the government, meaning that the government pays the interest while the student is in school. Unlike federal loans, terms on private loans vary widely. Before 2005, federal loans were generally nondischargeable in bankruptcy, meaning that graduates couldn’t get rid of their student loan debt if it came […]
28 November 2007, 13:01 No comments
BDP made headlines after the federal privacy commissioner reported in January 2003 that envelopes bearing the names of dozens of gun registry applicants were found in bags frozen to the bottom of a dumpster. He cited Justice Department documents released under the Access to Information Act, dated April 10, 2002, showing a spike in errors […]
27 November 2007, 13:01 No comments
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26 November 2007, 13:01 No comments
An economic hardship student loan deferment program that medical school graduates use as they go through residency will remain in place until fall of 2008, and more students are eligible to participate. The news means that eligible medical school graduates and current residents will not have to start repaying loans immediately and may continue to […]
25 November 2007, 13:01 No comments
If you are starting out as a student going into full time further education then you may be eligible to get a low rate student loan to fund your further education. A student loan , however, can help you to cover these costs, and will enable you to enjoy the long term benefits of a […]
24 November 2007, 13:01 No comments
Some 2 million homeowners hold $600 billion of subprime adjustable-rate mortgage loans, known as ARMs, that are due to reset at higher amounts during the next eight months. In the months ahead, millions of other adjustable-rate mortgages like Colombo’s will reset, giving them a higher interest rate as required by the loan agreements and leaving […]
23 November 2007, 13:01 No comments
How does a parent figure out which college funding groups are legitimate? My sister paid for the services of a college funding company, and she’s having second thoughts. How does a parent qualify a legitimate college funding organization? The climate of high college costs and desperate parents makes the harvest ripe for rip-off artists. If […]
22 November 2007, 12:12 No comments
The Student Loan Trust Fund is to introduce a student loan insurance scheme in order to relieve guarantors from defraying debt incurred by students, who could not repay their loans as a result of temporary disability after school. She was addressing student representatives at a briefing session on the new Student Loan, which would replace […]
21 November 2007, 12:12 No comments
The student loan corporation in Pennsylvania improperly exploited a subsidy program to collect $34 million from the government, said a report released yesterday by the inspector general of the federal Education Department. The audit called on the department to recover the payments to the corporation, the Pennsylvania Higher Education Assistance Agency, a state-owned company that […]