Missouri’s student loan authority has put on hold an independent financial analysis of a proposed higher education funding plan sought by Gov. Matt Blunt, the agency’s director said yesterday.
The Missouri Higher Education Loan Authority proposed in January to sell billions of dollars worth of student loans over several years to help finance Blunt’s $450 million [...]
With time running out for graduates to consolidate their federal student loans, conveniences such as electronic signature of applications are quickly becoming necessities. On July 1, 2006, interest rates on federal student loans are scheduled to make a near-record setting 35% increase over the current loan rates. Graduates who consolidate their student loans prior to [...]
After years of rising college costs and shrinking financial aid, it’s come to this: Some graduates are now leaving college with student-loan debt in the six figures.
According to a report by Gannett News Service, graduates with more than $100,000 in debt still account for a small subset of borrowers. But their numbers are rising.
In 2004, [...]
I have lived in Europe. Being able to someday tell my grandkids about this experience is just one of the advantages I found in my semester of studying abroad.
For four months I was a resident of Spain. I attended a university, attempted to speak the Spanish language and dress in a similar manner. I adjusted [...]
The second largest interest rate hike in the history of the student loan program is only weeks away and local students will be among the millions affected, but it’s not too late to lock in lower rates.
Federal student loan interest rates will increase almost 40 percent for students and 30 percent for parents July 1, [...]
Nelnet announced today that borrowers struggling to make student loan payments can now apply for a deferment or forbearance online, including the option to electronically sign the application. This solution gives borrowers fast options for meeting their student loan obligation by temporarily reducing or postponing payments.
The enhancement is part of the company’s ongoing focus on [...]
Say goodbye to the pressure of tests; bring on the pressure of debt … a lot of debt if you are like the average person graduating from college this year.
Until now, you may have paid little attention to the loans you’ve been taking out to pay for college. But usually about this time, after donning [...]
This month, approximately 4 million college students will leave campus for good, taking away diplomas, friendships, and an average of $23,000 in federal student loans. The first shock of life after college may not be the workforce for many graduates, though. On July 1, 2006, graduates with federal Stafford loans will be facing a significant [...]
The Los Angeles Police Academy Magnet School Program is graduating 130 cadets Friday, and 21st Century Insurance is awarding 21 of those graduates $21,000 in total scholarships.
Woodland Hills-based 21st Century Insurance (NYSE: TW) is a founding program sponsor, as it donated $250,000 to help launch the Los Angeles Police Academy Magnet School Program and [...]
A recent article in the New York Times highlighted what many students already knew - that not only was college getting more expensive, but the amount of federal aid available to students is not keeping up with rising education costs.[1]
A revision and update to the EFC, or Expected Family Contribution, formula for the 2005-2006 school [...]