-
Posted: March 26th, 2008, 11:08pm CDT
With increasing tuition costs, student loans and credit cards, some college and university students are finding themselves deep in debt.
-
Posted: March 26th, 2008, 10:18pm CDT
Like dominos, more private lenders either are ending or scaling back their student loan businesses. On the heels of an ongoing student loan credit crunch, three more student lenders - HSBC Bank USA, M&T Bank Corporation and the TCF Financial Corporation - announced their withdrawal from the government's subsidized private loan program, according to the Wall Street Journal.
-
Posted: March 26th, 2008, 7:49pm CDT
One of downtown Rochester's largest employers let 300 of its workers know Wednesday they'll be let go. JPMorgan Chase cited a downturn in national home equity lending for its need to consolidate that branch of its business.
-
Posted: March 26th, 2008, 6:11pm CDT
Posted: 7:02 PM- Zions Bank is joining other big banks in getting out of the federal program to make government-guaranteed student loans, the consequence of subsidy cuts that have made lending to students unprofitable.
-
Posted: March 26th, 2008, 3:51pm CDT
Financial losses have led Missouri's student loan authority to consider whether it should delay a scheduled payment toward the state's college construction program.
-
Posted: March 26th, 2008, 3:32am CDT
(ARA) - Everywhere you look you see news about the "credit crunch" and the mortgage foreclosure crisis and, if you're like most Americans, you're feeling the pinch too.