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Turning Around the Idea of Student Loans (New York Times)
Posted: November 30th, 2008, 8:08pm CST
In raising money and investing it with a nonprofit lending institution, the Meadows School in Las Vegas is by all accounts the first high school to operate a microbank. -
Students' need to take out loans on rise amid slumping economy (Honolulu Advertiser)
Posted: November 30th, 2008, 5:05am CST
University of Hawai'i graduate student Nolan Kido says he's lucky "Granny" loves him. "She allows me to live in her basement so I can afford to eat," said Kido, 29, of 'Aiea, who is in his second year pursuing a doctorate in accounting at UH-Manoa. -
Nevada’s rate of default on college loans among highest in the nation (Las Vegas Sun)
Posted: November 30th, 2008, 4:08am CST
The latest numbers from the federal government show Nevadans who began repaying federal student loans in fiscal 2005-06 defaulting at higher rates than borrowers in 45 other states. -
Graduates’ burden: Student-loan payments (Las Vegas Sun)
Posted: November 30th, 2008, 4:08am CST
“Why would they give some kid $60,000? What gave me the privileges to take out loans like that?” -
Treasury urged to deny student lenders bailout (The Nashua Telegraph)
Posted: November 29th, 2008, 11:22pm CST
WASHINGTON -- Student advocacy groups are urging the Treasury Department to prevent a new $200 billion consumer-lending program from benefiting private student lenders, which they say are largely unregulated and prey on students with risky, high-interest loans. ... - By AMIT R. PALEY The Washington Post -
New Conn. program offers low-interest student loans (Journal Inquirer)
Posted: November 28th, 2008, 1:18pm CST
About 20 credit unions in Connecticut have agreed to start making student loans at fixed interest rates significantly below the 6.99 percent rate now offered by the Connecticut Higher Education Supplemental Loan Authority. -
The Washington Post: Student loans to test Treasury (The Capital Times)
Posted: November 28th, 2008, 9:21am CST
Student advocacy groups are urging the Treasury Department to prevent a new $200 billion consumer lending program from benefiting private student lenders, which they say are largely unregulated and prey on students with risky, high-interest loans. The program, announced this week and developed by the Treasury and Federal Reserve, is not aimed specifically at the student loan market. Its much ... -
Student advocates unhappy with bailout (UPI)
Posted: November 28th, 2008, 8:22am CST
WASHINGTON, Nov. 28 (UPI) -- Student advocacy groups warned U.S. Treasury Secretary Henry Paulson Jr. that a new program to support private student loans could hurt borrowers. -
Student advocates want private lenders out of new program (Los Angeles Times)
Posted: November 28th, 2008, 2:25am CST
A $200-billion federal consumer-lending plan shouldn't benefit private providers of student loans, several groups tell Treasury Secretary Henry Paulson. Student advocacy groups are urging the Treasury Department to prevent a new $200-billion consumer-lending program from benefiting private student lenders, which they say are largely unregulated and prey on students with risky, high-interest ... -
Treasury Urged to Provide No Bailout Benefit to Private Student Lenders (Washington Post)
Posted: November 27th, 2008, 9:55pm CST
Student advocacy groups are urging the Treasury Department to prevent a new $200 billion consumer-lending program from benefiting private student lenders, which they say are largely unregulated and prey on students with risky, high-interest loans.