1 January 2009, 13:01 No comments
That's because most asset-backed securities — investments derived from pools of debt such as your mortgage or credit card — are comprised of the payments made by consumers like you. Asset-backed securities are created by banks and other financial institutions by taking one type of loan, such as credit card debts, bundling them together and […]
19 December 2008, 10:10 No comments
While auto chiefs sat before Congress begging for a bailout in early December, private student lenders were quietly asking for money at the Ritz Carlton in Arlington, Va. But it’s not clear whether the plan will revive the market for private student loans—or whether the market needs help at all, since federal funds are filling […]
11 December 2008, 08:08 1 comment
Significant numbers of for-profit colleges say their students have had trouble paying for college because they lack sufficient financial support, and 70 percent of the institutions say they have seen increases in students registering for classes but not showing up, according a survey released Monday by the Career College Association. When the College Board announced […]
11 November 2008, 11:11 No comments
Center for Economic and Policy Research explains everything from the housing bubble to the dangers of “free trade” agreements. EPI is a fantastic resource for information about living standards and how the economic picture will hit your pocketbook. Human Rights Campaign’s Work Life Home is a comprehensive source of information on workplace policies and laws […]
7 November 2008, 10:10 1 comment
NEW YORK, Oct 31, 2008 (BUSINESS WIRE) — Fitch Ratings places 103 subordinate classes from 32 student loan trusts on Rating Watch Negative as a result of disruptions in the auction-rate market. Fitch is conducting on ongoing review of its student loan asset backed securities (ABS) transactions focusing on those utilizing auction-rate debt to finance […]
22 October 2008, 07:07 No comments
And while local and state loan administrators say they are confident that the federal money will be available for the upcoming loan application season, the nation’s ongoing economic crisis is raising questions about the federal money and how the faltering economy will affect families who are trying to pay for college. Traditionally, VSAC has not […]
4 October 2008, 11:11 No comments
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19 September 2008, 08:08 1 comment
Home > Education > College Cash 101 > How Can International Students Get Financial Aid? I haven’t been able to find any kind of comprehensive list of schools with such loan programs, but the Overseas Association for College Admission Counseling […]
16 September 2008, 08:08 No comments
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5 September 2008, 16:04 No comments
One of the nation’s largest student loan companies is exiting the remaining part of its student loan business. In a letter addressed to college financial aid officers, College Loan Corp. Private lending is a fast-growing sector of the student loan market. As borrowing limits on federal loan programs have fallen behind annual tuition increases, more […]