Archive for January, 2007

Student Loan Interest Rates Going Down??

January 12th, 2007

One of the big promises made by Democrats when campaigning for Congress was to cut interest rates in half for student loans.
The Democratic plan for college tuition would lower interest rates on federally subsidized college loans from 6.8% to 3.4%, but can it be done?
At Indiana State University, 70% of students receive some type of [...]

Internet Advertising Funds College Scholarships on Newly Launched GraffitiPad.com

January 12th, 2007

A new website – GraffitiPad.com – is selling Internet advertising spots to fund college scholarships.
The New Year is a time of reflection, resolution, and celebration; but it also invites stress, psychological depression, consumer debt, and end-of-the-holiday disillusionment and cynicism. Psychiatrists recommend that individuals maximize the momentum felt at the fresh start of the year by [...]

Students Continuing Education Find Help from WorldWideLearn.com’s Online Advisor

January 12th, 2007

With 31.8 million men and women with unfinished college degrees, WorldWideLearn.com and its online education advisor, Clare Kaufman, Ph.D., are helping these former students to continue their education online. The National Center for Education Statistics (NCES) states that 31.8 million men and women 25 years and older have some college education, and Dr. Kaufman regularly [...]

Blunt endorses Montee’s audit of loan agency

January 12th, 2007

Although his party has denounced an audit of the state’s higher education loan authority, Republican Gov. Matt Blunt has endorsed it.
Blunt said yesterday that he supported Democratic State Auditor Susan Montee’s review of the Missouri Higher Education Loan Authority, which is targeted as a funding source for his $350 million college construction plan.
In a [...]

Oregon Students Set To Gain From Lower Loan Interest Rates

January 12th, 2007

If Congressional Democrats make good on a promise to cut interest rates on college student loans, Oregon students could benefit more than nearly any other state in the country.
A study released Thursday by the Public Interest Research Group, OSPIRG, found that college-bound Oregonians would save more than $4700 in loan payments. Rob Manning has more.
Democrats [...]

Plan to cut college loan interest could save grads thousands

January 12th, 2007

A proposal before Congress that would halve interest on federally subsidized student loans in the next five years would save students thousands of dollars, according to an analysis by the Massachusetts Public Interest Research Group.
The so-called College Student Relief Act of 2007 is expected to be voted on next week by the House of Representatives [...]

High Student Loan Interest Rates Increase Burden

January 12th, 2007

Forget about getting married or buying a home, instead new college graduates are worried about making next months student loan payment.
On Thursday, students, parents and the Campaign for College Affordability urged Congress to pass legislation cutting student loan interest rates.
A 22-year-old student graduating this year, who consolidates their $40,000 loan at 6.125%, will need to [...]

Elmhurst College Receives $116,000 Grant From DuPage County to Implement Innovative Strategies for Stormwater Management

January 12th, 2007

Elmhurst College has been awarded a $116,000 grant from the DuPage County Stormwater Management division to partially fund its innovative strategies for managing and monitoring water as part of a $23 million campus redevelopment project. The entire project, which includes a new 170-bed residence hall, is now being implemented by Wight & Company, a design, [...]

Cummins Foundation Commits $500,000 to LeMoyne-Owen College

January 12th, 2007

The Cummins Foundation today announced that it has approved a $500,000 grant to LeMoyne-Owen College in Memphis, to be used to assist the school in its growth and accreditation efforts. The first $100,000 of grant was distributed in late December 2006 and the remainder will be released in installments through December 2009.
LeMoyne-Owen is one of [...]

Principal looks to get grant for college courses

January 12th, 2007

Danville Area Senior High School principal Craig Burger is hoping a grant to help students pay for taking college classes will allow talented kids to achieve more.
Mr. Burger told administrators and board members Tuesday that he’s working with Bloomsburg University to secure a grant that will take some of the burden off students who wish [...]