Sallie Mae Senior Vice President Barry Goulding today testified 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 college: 1) after tapping personal financial resources such [...]
OneSimpleLoan® http://www.OneSimpleLoan.com, a student loan finance and consulting firm specializing in student loan consolidation, today announced that President & CEO Paul J. Simino is a finalist for the Ernst & Young Entrepreneur of the Year® 2007 Award in the Florida region. According to Ernst & Young, the awards program was designed to recognize outstanding entrepreneurs [...]
You’ve 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 phenomenon these days — you can knock down those debts and start to regain control of your financial life,†says Lynnette Khalfani in her new [...]
Starting July 1, interest rates for older Stafford and PLUS loans will rise 0.08 percentage points. For borrowers of the need-based Stafford loans who are still in school, interest rates will rise to 6.62 percent, while PLUS loan rates will rise to 8.02 percent, according to student-loan provider Sallie Mae. For those who have already [...]
The Senator Paul Simon Study Abroad Foundation Act, a bill that would increase and diversify student participation in study abroad programs, is expected to reach the floor of the United States House of Representatives within the next few weeks.
The bill would appropriate $80 million for grants used to provide opportunities to students for study abroad [...]
Interest rates on federally backed loans for college students are set to edge higher on July 1, a student lender said Tuesday.
Based on the results of a Treasury Department bill auction, the in-school rate on the federal Stafford loan will rise by 0.08 percentage point from 6.54 percent to 6.62 percent, according to College Loan [...]
Interest rates on federally backed loans for college students are set to edge higher on July 1, a student lender said yesterday.
Based on the results of a Treasury Department bill auction, the in-school rate on the federal Stafford loan will rise by 0.08 percentage point from 6.54 percent to 6.62 percent, according to College Loan [...]
Both Gloucester County College and Rowan University missed the deadline to reply to the state Attorney General’s subpoena as part of a statewide investigation into improper partnerships with colleges and student loan companies.
Only 32 of the 61 subpoenaed colleges subpoenaed responded by the May 20 deadline, according to Attorney General’s Office spokesman David Wald.
The [...]
If they haven’t already, millions of seniors graduating from high school will turn their attention over the next few weeks to paying for college.
Scholarships and grants — which don’t have to be paid back — are the best option, of course. But not everyone has the academic record for merit aid, or a great jump [...]
As college graduation season comes to a close, the newly anointed degree holders finally have to face a new reality — life with hefty education debt.
There is plenty to be done before the debt starts to come due — in about six months for most — but graduates will need to act fast and think [...]