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Posted: May 31st, 2008, 10:03pm CDT
College students and their parents are scrambling to line up student loans for the fall amid fears that the broader credit crisis might put the squeeze on such lending. How bad could it be?
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Posted: May 30th, 2008, 7:00am CDT
Student Loan Consolidation Center Student Loan Trust I, a Delaware statutory trust , today announced that it has commenced a tender offer to purchase some of its outstanding Auction Rate Student Loan Asset-Backed Notes, Senior Series 2002A and 2002-2A for aggregate cash consideration not to exceed $19,000,000.
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Posted: May 29th, 2008, 5:40pm CDT
Rates are changing on education loans, some for the better -- but borrowers need to act at the right time.
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Posted: May 28th, 2008, 11:20pm CDT
For those graduating from collegethe Bank of North Dakota is making a major change that will affect you. The bank IS remaining in the student loan program. But it will NO longer be participating in the federal loan consolidation program. Julie Kubis
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Posted: May 28th, 2008, 10:57pm CDT
A number of major lenders have recently left the student loan business beca
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Posted: May 28th, 2008, 9:27pm CDT
.Students have always had a wide range of options when it came to student l
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Posted: May 28th, 2008, 6:57pm CDT
The tuition at most colleges is usually more than students can pay out of p
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Posted: May 28th, 2008, 5:27pm CDT
A big budget hit for some families comes in paying back student loans, but they`re also a huge benefit, allowing people to receive educations they otherwise couldn`t afford.
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Posted: May 28th, 2008, 5:18pm CDT
A big budget hit for some families comes in paying back student loans, but they`re also a huge benefit, allowing people to receive educations they otherwise couldn`t afford.
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Posted: May 28th, 2008, 4:04am CDT
In her freshman year, Jessica Spencer found that her financial aid was not enough to entirely cover her tuition. She decided to take out a student loan to make up for the funds she lacked, and last year Spencer graduated with a little over $11,000 of debt.
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Posted: May 25th, 2008, 5:45am CDT
The Bank of North Dakota is suspending a program that allows borrowers to consolidate federal student loans.
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Posted: May 24th, 2008, 11:06pm CDT
The Bank of North Dakota is suspending a program that allows borrowers to consolidate federal student loans. BND says federal laws raised fees for lenders in the Federal Consolidation Loan program. That made it too expensive for BND to continue offering it.
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Posted: May 18th, 2008, 1:25am 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.
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Posted: May 17th, 2008, 6:11pm CDT
Student Loan Xpress, a college student lender in Carmel Valley, said it is shutting down operations and laying off 124 employees. SLX, which got its start in the early 1990s, has been hurt by tightened credit markets and a change in the regulations covering the student loan business.
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Posted: May 16th, 2008, 1:45pm CDT
SEN. BARACK OBAMA, D-ILL.: Thank you very much. Well, thank you so much.
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Posted: May 16th, 2008, 12:05am CDT
NATION Fewer funds borrowed from Fed credit bailout WASHINGTON — The Federal Reserve has aucti
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Posted: May 15th, 2008, 4:47pm 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.
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Posted: May 15th, 2008, 12:38pm CDT
A rise in "stealth applicants" -- those students whose first contact with a college is often their computer-generated application -- is interfering with school officials' ability to accurately estimate just how many accepted students will ultimately enroll.
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Posted: May 15th, 2008, 4:56am CDT
A computer glitch at student lender reported false late loan payments. Because of a computer error at Sallie Mae, thousands of people with student loans from the company had their credit scores decimated.
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Posted: May 15th, 2008, 4:30am CDT
In this week’s issue: Here is one sign that liquidity might be returning to the markets: a big interest-only loan; JPMorgan's Jamie Dimon says the credit crisis is nearing an end, but…; National Multi Housing Council says apartment owners are still...
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Posted: May 14th, 2008, 2:16am CDT
StudentLoanCenter.biz, a Web site that offers information about student loans and student loan consolidation, is pleased to inform their visitors that federal funding is increasing for college borrowers. (PRWeb May 14, 2008) Read the full story at http://www.prweb.com/releases/2008/05/prweb938834.htm
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Posted: May 14th, 2008, 2:01am CDT
StudentLoanCenter.biz, a Web site that offers information about student loans and student loan consolidation, is pleased to inform their visitors that federal funding is increasing for college borrowers.
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Posted: May 13th, 2008, 3:19pm CDT
What grads need to know about managing a paycheck, repaying student loans and more.
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Posted: May 13th, 2008, 6:41am CDT
Looking to consolidate your student loans? Several college and university financial aid offices offer information about student loan consolidation. But you might find quicker answers on the Web. Here are a few Web sites that provide useful general and specific information on the subject: American Education Services: www.aessuccess.org/manage/consolidate/faq.shtml Uses question and ...
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Posted: May 4th, 2008, 9:37pm CDT
The story of CIT illustrates the perils awaiting any firm that jumps into seemingly lucrative new arenas at the expense of focusing on markets that it knows and understands best.
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Posted: May 4th, 2008, 3:45am CDT
Officials with Montana Higher Education Student Assistance Corp. have taken several steps to protect the provider and servicer of student loans from financial trouble in the wake of problems in the market for its auction rate bonds, but being able to unload those bonds would help more, the president of the Student Assistance Foundation said this week.
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Posted: May 3rd, 2008, 10:58am CDT
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Posted: May 2nd, 2008, 9:03am CDT
The Missouri House and Senate have both approved a plan to allow the state’s student loan agency to originate federally guaranteed Stafford loans, which supporters hope will rejuvenate the agency’s profits.
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Posted: May 2nd, 2008, 7:08am CDT
The student loan industry is in turmoil. Since Jan. 1, more than 60 lenders, or 14% of the market, have announced plans to stop making loans backed by the Federal government. Lenders are also making it harder for families to qualify for private loans, which lack government backing and often bridge the gap between financial aid and the cost of college. With peak season for student loan borrowing ...
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Posted: May 1st, 2008, 5:33pm CDT
29/04/2008 13:00:00 Business Wire SimpleTuition, Inc., a company dedicated to helping students and parents make sense of education financing choices, today announced an agreement with Discover Financial Services (NYSE: DFS) to include its full line of student loan products - Discover Student Loans - among SimpleTuition s online offerings.
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Posted: May 1st, 2008, 3:28pm CDT
While more than 40 percent of all undergraduate students attend a community college, 25 percent of all community colleges in the United States do not offer the federal student loans that could help those undergraduates pay for their college costs, according to a new report by the Project on Student Debt.
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Posted: May 1st, 2008, 10:53am CDT
Those of you looking to receive a student loan might have noticed it is getting a little harder these days.