Search result for ‘college loan

Cuomo urges lawmakers to boost college loan oversight

…  of the $85 billion-a-year industry to examine loan criteria. Private lending is more subject to abuse because it isn’t …  George Miller, like Cuomo’s investigation, have found colleges and their financial-aid officials receiving consulting fees, gifts, …  are under scrutiny for providing payments and perks to colleges and their officials. At the same time, Congress is considering cuts in …

June 8th, 2007

Received Your College Diploma? Looming Student Loan Paybacks Shouldn’t Rain on Your Parade

…  college graduates are taking in a breath of fresh air this month after …  sinks in when grads think about paying back the student loan debt they have acquired. The median student loan debt for young adults graduating from four-year colleges and universities is $15,500 for public and $19,400 for private …

June 8th, 2007

Read the fine print before you consolidate that student loan

…  you plan to graduate from college this spring, your mailbox may soon be filled with congratulatory cards …  overdue parking tickets. But if you borrowed to pay for college, much of your mail will come from lenders, urging you to consolidate your student loans. Loan consolidation pitches aren’t new. For years, loan consolidation …

June 8th, 2007

Sallie Mae Executive Testifies Before Senate Banking Committee on Private Loans and College Affordability

…  at the Senate Banking Committee hearing, ‘Paying for College: The Role of Private Student Lending’ to demonstrate how Sallie Mae serves students and parents in the private education loan market. Goulding emphasized Sallie Mae’s ‘1-2-3 approach’ to paying for …

June 8th, 2007

Student Loan Consolidation Company Leader Paul Simino of OneSimpleLoan® Named Ernst & Young Entrepreneur Of The Year® 2007 Award Finalist in Florida

OneSimpleLoan® http://www.OneSimpleLoan.com, a student loan finance and consulting firm …  170+ employees a mere 4 years later, helping thousands of college students better manage their Federal student loan debt through …  with student loan needs before, during and after the college experience. Specializing in student loan consolidation, the company …

June 8th, 2007

Getting a handle on student-loan debt

…  got the college degree, and now you’re stressed about what do to with the debt. “Even if your student loans exceed your annual salary — which is, unfortunately, a common …  Lynnette Khalfani in her new book, “Zero Debt for College Grads” (Kaplan, $14.95). Those aren’t just words coming …

June 8th, 2007

Time Running Out to Consolidate Student Loans Before Rate Boost

…  July 1, interest rates for older Stafford and PLUS loans will rise 0.08 percentage points. For borrowers of the need-based …  of interest over the 10-year life of a loan, according to College Loan Corp., a San Diego-based student loan provider. “The key factor …

June 8th, 2007

Executive Departs After Student Lending Probe

…  Group said yesterday that the president of its Student Loan Xpress unit, which has been the focus of investigations into allegations of influence peddling in the $85 billion-a-year college-loan industry, has left the company. The executive, Fabrizio Balestri, had …

June 6th, 2007

College loan volume up, students graduate into debt

…  a growing number of options to finance a college education, students and parents are increasingly turning to loans. Not only are students borrowing more money, but more of them are …  who is concerned about the increasing burdens for college graduates and worried as well about those who are foregoing higher …

June 6th, 2007

Wis. rules would ban campus payments from student loan companies

…  would be barred from accepting payments from student loan companies in exchange for recommending them to borrowers under a proposal …  governs the 13 four-year universities and 13 two-year colleges, is expected to consider the plan during meetings at UW-Milwaukee on …

June 6th, 2007