3 January 2009, 13:01 No comments
Mark Sanford relented Wednesday and agreed to apply for a $146 million federal loan to shore it up, after weeks of refusing to do so. Mark Sanford of South Carolina announcing Wednesday that he had applied for the $146 million federal loan that would ensure continued unemployment benefits in the state. On Wednesday, The State, […]
26 December 2008, 11:11 No comments
Paterson , who is calling for a $600 tuition increase for SUNY students, will propose a $350-million publicly financed, low-interest student loan program when he unveils his 2009-10 budget today. The program, which was among the recommendations of a state commission on higher education, would provide loans to students who are residents of New York […]
13 December 2008, 08:08 No comments
The New York-based College Board reached a $675,000 settlement in state investigations over its student loan practices. The investigation, launched by Attorneys General Andrew M. Cuomo (NY) and Richard Blumenthal (CT), uncovered a number of deceitful practices utilized by the College Board
8 December 2008, 07:07 No comments
The abovementioned strawberry picker had no chance of paying back that loan, yet his loan could be packaged along with other equally boneheaded loans and then bought, sold and traded like an actual product with an actual value by actual banks and other entities. And now the American taxpayer is being used like a credit […]
7 December 2008, 07:07 1 comment
Young’s case, Virgin Money USA — an arm of Richard Branson’s Virgin Group — completed the paperwork. Lenders receive better interest rates than they would in savings accounts, and borrowers pay lower rates than they would to traditional lenders. Some help set up loans between family and friends; others cobble money from many lenders for […]
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 […]
19 November 2008, 13:01 No comments
Local car dealers are calling the proposed $25 billion auto industry lifeline a “loan” that must be approved if they are to stay afloat. Paul Suss, general manager of Aurora-based Suss Buick Pontiac GMC, said he is tired of hearing people speak of the proposed lifeline to save Detroit’s Big Three as a “bailout. Meanwhile, […]
13 November 2008, 11:11 No comments
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10 November 2008, 10:10 No comments
Universities often provide multiple options—from points systems (a student starts the semester with a certain total and each item costs a set number of points) to different meal counts (a 12-meals-per-week plan vs. She said that while meal plan costs have already been set for the year, prices at the on-campus snack bar continue to […]
2 November 2008, 08:08 No comments
For now, student financial aid experts say Vermont college students are better positioned than their counterparts nationwide. Applying for grants, scholarships and other “free” money to pay the majority of college tuition bills, then supplementing it with federally-backed loans is the way to go in an economically unstable lending environment, experts say. Private loans are […]