30 November 2008, 05:05 1 comment
Our editors comb the Web each week in search of notable in-depth and investigative reports from news outlets across the nation. Each week, the editors at The Post’s Investigations blog comb through in-depth and investigative reports from news outlets across the country and select notable projects of the week. A yearlong investigation by BusinessWeek found […]
29 November 2008, 05:05 No comments
Guarantee agencies believe the Education Department may have the authority to declare rehabilitated loans to be “new” loans that would qualify them for repurchase under one of the government’s new efforts to prop up or rescue student loan funds, and argue that even if department officials decide that’s not the case, that Congress should tweak […]
28 November 2008, 05:05 No comments
Mortgage-Seekers Benefiting From Fed’s New Credit Plan - washingtonpost. Get The Post’s take on whatever you’re reading — anywhere on the Web. Best & Worst Funds to Own Now, FREE copy here. Take this opportunity to secure your money. The Transition of Power sponsored by Acura. Explore More
26 November 2008, 14:02 No comments
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25 November 2008, 14:02 No comments
South Carolina’s largest student lender has stopped taking applications for private loans, but will continue making federally backed loans to college students. President Chuck Sanders said Monday the nonprofit corporation cannot sell bonds to finance the private loans because of the meltdown of the U. Sanders says the corporation will make all of the private […]
24 November 2008, 14:02 No comments
Last year’s seniors, facing increasing costs through their college years, graduated with an average debt load that was 6 percent higher than the previous year’s grads accumulated, according to a report released this fall. The average debt of students graduating with loans in 2007 jumped to $20,098 — up from $18,976 for those graduating in […]
23 November 2008, 13:01 No comments
With banks fleeing the student loan business left and right, the University of Texas at San Antonio has announced it will switch to the government’s Federal Direct Loan program, joining a steady migration of colleges and universities borrowing directly from the government instead of private banks. The switch means UTSA will no longer participate in […]
22 November 2008, 13:01 No comments
The Education Department announced Thursday that it would buy up to $6. Congress has allowed the department to buy federal loans made from 2003 to 2009, but the department has not yet used the full range of its authority. Eligible loans are federal Stafford loans and parent PLUS loans, she said, but not consolidation loans, […]
21 November 2008, 13:01 No comments
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20 November 2008, 13:01 No comments
At Stonehill College in Easton, where 75 percent of students take some type of loan to help pay for the $30,150 tuition, students are being urged to get their parents involved with the loans. Federal government PLUS loans are still available to parents and can be used to pay the full amount of tuition, said […]