New York Attorney General Andrew Cuomo urged Congress to step up supervision of private education lending and said he is widening his investigation of the $85 billion-a-year industry to examine loan criteria.
Private lending is more subject to abuse because it isn’t covered by anti kickback rules in government loan programs, Cuomo told the Senate’s banking [...]

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 [...]

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 [...]

Q. I will be attending college in the fall, and like many other graduating seniors I am worried about managing my finances. I plan to attend the School of Visual Arts and, like many art conservatories, it is very expensive. I have no job experience or a savings or checking account, and I know [...]

Congressional leaders are moving briskly ahead on bills that would dramatically cut interest rates on student loans for some borrowers.
Although the measures have yet to become law, one has been approved in the House and a similar proposal has passed a key Senate committee. Experts say this is a sign that lending reforms are likely [...]

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 [...]

While a University of California loan program has helped more than 2,500 new college professors achieve home ownership, nearly 50 longtime employees have used the university to refinance their homes during a booming housing market.
With interest rates as low as 3 percent, and generally half the national average, they saved on monthly payments or took [...]

While Junior’s busy writing a captivating college admissions essay and filling out stacks of applications, Mom and Dad bite their fingernails, wondering how they’re going to pay for it.
Paying for college can be a complicated and intimidating journey, but with some helpful advice and plenty of resources, it’s not so bad.
How much will it cost?
When [...]

If your federal financial aid award left you feeling a little high and dry, don’t sweat it. Uncle Sam is just one source of funds to tap for college. From cashing in on your company’s tuition reimbursement program to attending a work or co-op college, there are lots of ways to pay for college without [...]

You might weep the day you leave your son or daughter in a college dormitory for the first time, but wait until you take a look at the first bill for tuition, room and board.
You could be moved to a different kind of tears.
About this time of year, that bill arrives. And it’s a [...]

Innovation Ads, Inc., owner of http://www.freescholarshipguide.com/, has announced that Teresa Belosi from St. Louis, Missouri has won the June 25, 2006 drawing for the FreeScholarshipGuide.com $5,000 Semi-Annual Scholarship Contest.
On July 11, 2006, Teresa Belosi was chosen by random as the $5,000 winner out of more than 400,000 applicants that registered over the past 6 months. [...]

When your children head off to college, you’re sending them out into the world to start life on their own. Before they leave, you’ll probably coach them on the things they’ll need to know — like how to do laundry, cook their favorite dish, and budget their time and money. But many parents forget to [...]