Federal Family Education Loan Program News
- Fitch Rates Higher Education Loan Authority of the State of Missouri Series 2011-1 Tuesday, July 19, 2011 @ 1:53PMFitch Ratings has assigned the following ratings to the Higher Education Loan Authority of the State of Missouri Series 2011-1 as follows:
- KeyCorp Reports Second Quarter and First Half 2011 Net Income of $243 Million and $427 Million Tuesday, July 19, 2011 @ 5:20AM-
- Fitch Affirms Senior and Subordinate Notes of Nelnet Student Loan Trust, Series 2007-1 Monday, July 18, 2011 @ 4:29PMFitch Ratings affirms both senior and subordinate student loan notes at 'AAAsf' and 'BBB-sf' issued by Nelnet Student Loan Trust series 2007-1. The Rating Outlook remains Stable. Fitch used its 'Global Structured Finance Rating Criteria' and 'U.S.
- Fitch Affirms Senior and Subordinate Notes of Nelnet Student Loan Trust, Series 2007-2 Monday, July 18, 2011 @ 4:28PMFitch Ratings affirms both senior and subordinate student loan notes at 'AAAsf' and 'BBB-sf' issued by Nelnet Student Loan Trust series 2007-2. The Rating Outlook remains Stable. Fitch used its 'Global Structured Finance Rating Criteria' and 'U.S.
- Fitch Affirms Senior and Subordinate Notes of Nelnet Student Loan Trust, Series 2008-4 Monday, July 18, 2011 @ 4:25PMFitch Ratings affirms both senior and subordinate student loan notes at 'AAAsf' and 'A+sf' issued by Nelnet Student Loan Trust series 2008-4. The Rating Outlook remains Stable. Fitch used its 'Global Structured Finance Rating Criteria' and 'U.S.
- Community Events Monday, July 18, 2011 @ 4:08PMThe 27th annual Mission Candlelight Parade takes place tonight at 7:30 p.m. The parade starts at Horn and Railway streets and goes west down First Avenue to the Lougheed Highway, ending at the Cedar Valley Connector.
- Family trio charged in college loan scam Saturday, July 16, 2011 @ 11:26PMThree family members intentionally lied on federal documents to obtain college student loans they were not entitled to, the government charged in an indictment returned Wednesday. Makara Pringle, 33, her brother, Michael Pringle, 29, and sister, Renada Pringle Givens, 29, obtained more than $40,000 between May 2007 and last year, the indictment returned by a federal grand jury in Savannah ...
- What our gambling problem is really costing us Saturday, July 16, 2011 @ 3:15PMThe country's growing dependence on gaming is destroying more lives than ever. And I should know: I'm an addict
- Fitch Comments on MHESAC 1993 Rating Agency Notification Friday, July 15, 2011 @ 11:40AMNEW YORK--(BUSINESS WIRE)--Fitch Ratings currently maintains 'AAA/LS1'; Outlook Stable ratings on the outstanding senior notes and 'B/LS3'; Outlook Stable ratings on the outstanding subordinate notes issued from Montana Higher Education Assistance Corp. (MHESAC), 1993 Master Trust (the bonds). MHESAC has requested that Fitch confirm existing ratings of the above-mentioned bonds upon the ...
- $500,000 in Cash for College Incentive Scholarships Awarded Thursday, July 14, 2011 @ 7:18PMRANCHO CORDOVA, Calif., July 14, 2011 /PRNewswire/ -- A $500,000 grant has been given to the California Student Aid Commission to fund the California Cash for College scholarship incentive program. The benefactor of this unique public-private partnership is ECMC, a nonprofit corporation providing services to students in support of higher education. Since Nov. 2010, when ECMC started its work in ...
- The Zacks Analyst Blog Highlights: SLM, Nelnet, Jacobs Engineering Group, Fluor and Foster Wheeler AG Thursday, July 14, 2011 @ 7:15AMThe Zacks Analyst Blog Highlights: SLM, Nelnet, Jacobs Engineering Group, Fluor and Foster Wheeler AG
- Fitch Downgrades Subordinate Notes of Arizona Higher Education Loan Authority - 2005 Trust Indenture Wednesday, July 13, 2011 @ 1:54PMNEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the senior student loan notes and downgraded the subordinate notes issued by Arizona Higher Education Loan Authority (AHELA) under a master trust indenture, dated Aug. 1, 2005. The Rating Outlook is Stable. Fitch used its 'Global Structured Finance Rating Criteria' and 'U.S. FFELP Student Loan ABS Rating Criteria', as well as the refined ...
- Cal State University system OKs a 12 percent fee hike Tuesday, July 12, 2011 @ 11:41PMCalifornia State University on Tuesday approved another 12 percent increase in student tuition this fall to offset a deeper-than-expected cut in state funding.
- A chance for Texans to attend a major culinary school Tuesday, July 12, 2011 @ 3:46PMGood news! San Angeloans and other Texans interested in attending the Culinary Institute of America and earning an Associate in Applied Science (AAS) degree in culinary arts can now do so without leaving Texas. The San Antonio campus recently got approved to offer the associate degree and is accepting applications for its first class starting in late August.
- A one-man mission to stop homegrown Somali terrorism in U.S. Monday, July 11, 2011 @ 1:13AMNowhere in the U.S. is the problem of Islamist extremism so concentrated as in downtown Minneapolis, where about 10,000 Somali immigrants live. In the past three years, at least 25 young men have disappeared to fight for al-Shabab, a radicalized group with ties to al-Qaida and aspirations of attacking the United States.
- State News At A Glance Sunday, July 10, 2011 @ 10:24AMEx-prosecutor's case goes to district court OGALLALA (AP) - The theft case against the former chief prosecutor of Keith County has been forwarded to district court for trial
- Anxiety in N.J. over college-aid funding Sunday, July 10, 2011 @ 2:18AMWhen Jaime Garofalo, a former certified nursing assistant, reported to her work-study post at Camden County College's financial aid office last week, she didn't know she was walking into bad news.
- Training doctors as a shortage looms Saturday, July 9, 2011 @ 9:00PMExperts say a looming physician shortage could throw the nation's medical system into crisis over the next two decades.
- Five tips to help new college graduates get a handle on repaying student loans Thursday, July 7, 2011 @ 11:03PMThe next test for college graduates is figuring out how to repay student loans. It’s easy to become complacent because the bills don’t start arriving until after a six-month grace period. If you don’t think you will be able to cover the bills when they start arriving, here are options that can make payments more manageable.
- Non-Profit Working to Help Unemployed Western Massachusetts Homeowners Access $5 Million Through Federal Relief Program Thursday, July 7, 2011 @ 2:05PMCambridge Credit Counseling processing Emergency Home Loan Program applications until July 22, 2011. (PRWeb July 07, 2011) Read the full story at http://www.prweb.com/releases/2011/7/prweb8626502.htm
- Family Sues Bank For Alleged Loan Modification Snub Thursday, July 7, 2011 @ 1:38PMThe Velasco family said despite making an agreement to save their home — which they've owned for over 12 years — the bank plans to auction off the property.
- HESC offers planning tips for recent college grads Thursday, July 7, 2011 @ 2:28AMALBANY The ink is barely dry on college diplomas, but the clock is ticking on the six-month grace period for federal student loans.
- State News At A Glance Friday, July 1, 2011 @ 6:55AMEx-prosecutor's case goes to district court OGALLALA (AP) - The theft case against the former chief prosecutor of Keith County has been forwarded to district court for trial
- Metro digest Thursday, June 30, 2011 @ 11:25PMJEFFERSON CITY > MoDOT suspends most road work • The Missouri Department of Transportation is suspending most construction and maintenance for the Fourth of July holiday weekend.
- Fitch Affirms Senior and Subordinate Notes of Educational Loan Company Trust I Thursday, June 30, 2011 @ 3:00PMNEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the senior student loan note at 'AAAsf' and the subordinate student loan note at 'Bsf' issued by Educational Loan Company Trust I. The Rating Outlook remains Stable for senior notes and Fitch has assigned a Negative Rating Outlook for the subordinate note. Fitch used its 'Global Structured Finance Rating Criteria' and 'FFELP Student Loan ABS ...
- Fitch Takes Various Rating Actions on Massachusetts Educational Financing Authority Issue I Bonds Thursday, June 30, 2011 @ 11:32AMFitch Ratings removes from Rating Watch Negative and assigns Stable Rating Outlooks to all Massachusetts Educational Financing Authority education loan revenue bonds, Issue I. Fitch also affirms all of the bonds at 'A'.
- VOICES OF THE PEOPLE: June 30 Wednesday, June 29, 2011 @ 5:30PMDetroit schools drop past routines
- Students Asked "How You Gonna Pay?" Friday, June 24, 2011 @ 4:00AMTORONTO, ONTARIO--(Marketwire - 06/24/11) - Despite an improving yet still soft job market for students, 70 per cent of Canadian post-secondary students say they have found summer jobs, according to the new BMO Student Summer Survey results released this week. That's good news considering almost half of them will rely on summer earnings to pay for post-secondary education (48 per cent) or cover ...
- Fitch to Rate Oklahoma Student Loan Authority, Series 2011-1; Presale Issued Thursday, June 23, 2011 @ 12:42PMNEW YORK--(BUSINESS WIRE)--Fitch Ratings expects to rate Oklahoma Student Loan Authority, 2011-1 Indenture of Trust student loan bonds as follows: --$205,200,000 taxable LIBOR-indexed floating-rate bonds 'AAA/LS-1'; Outlook Stable. Fitch's stress analysis is discussed in the presale titled 'Oklahoma Student Loan Authority, Series 2011-1', dated June 23, 2011. Additional information is available ...
- Fitch Affirms Sr. & Upgrades Sub Bonds of College Loan Trust-I 2003 Indenture of Trust (2002) Wednesday, June 22, 2011 @ 5:24PMFitch Ratings affirms the senior student loan bonds at 'AAAsf' and upgrades the subordinate bonds to 'BBBsf' issued by College Loan Trust-I Amended and Restated 2003 Indenture of Trust .
- Fitch Affirms Senior and Subordinate Notes of KeyCorp Student Loan Trust, Series 2004-A Wednesday, June 22, 2011 @ 4:43PMNEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the senior student loan note at 'AAAsf' and the subordinate student loan note at 'BBBsf' issued by KeyCorp Student Loan Trust, Series 2004-A. The Rating Outlook remains Stable. Fitch used its 'Global Structured Finance Rating Criteria' and 'FFELP Student Loan ABS Rating Criteria', as well as the refined basis risk criteria outlined in Fitch's Sept ...
- Sallie Mae Tip on Paying for College: If You Need to Borrow, the Coming Year May Offer Lower Rates Wednesday, June 22, 2011 @ 9:18AMNEWARK, Del.--(BUSINESS WIRE)--Students who need extra funding for college can benefit from changes in the law and improvements in the economy resulting in student loans at among the best interest rates in the last five years.
- Congress Proposes Relief for Student Loan Borrowers Wednesday, June 22, 2011 @ 9:04AMNew bills would restore the ability to discharge commercial student loans in bankruptcy proceedings.
- Big-name companies to help colleges train workers Wednesday, June 22, 2011 @ 2:21AMAs the White House stages a first-of-its-kind community college summit Tuesday, the Obama administration is proposing that stronger partnerships between two-year public colleges and big-name U.S. employers such as McDonald's and The Gap will help better match workers with jobs during the economic recovery and beyond.
- Homeownership Preservation Foundation to Help Unemployed Homeowners Secure Mortgage Payment Relief via $1 Billion ... Tuesday, June 21, 2011 @ 4:14PMThe Homeownership Preservation Foundation , an independent national nonprofit dedicated to helping distressed homeowners navigate financial challenges and avoid mortgage foreclosure since 2004, today urged homeowners who have experienced a significant income reduction due to involuntary unemployment, underemployment, or a medical condition to apply for mortgage payment relief through the ...
- Persistent rainfall delays crops, plumps up rivers | Stories Tuesday, June 21, 2011 @ 2:32PMNews From Greater Minnesota Persistent rainfall delays crops, plumps up rivers By John Fitzgerald | Tuesday, June 21, 2011 I’ve caught a head and chest cold and it’s because of this cold, wet weather. But I’m not the only one suffering. Corn and soybeans are stunted this season thanks to below-average temperatures and above-average rainfall, according to the U.S. Department of Agriculture in an ...
- CredAbility Selected by HUD to Help Homeowners With Reduced Income Apply for Federal Funds to Avoid Foreclosure Monday, June 20, 2011 @ 2:30PMNational Nonprofit Credit Counseling Agency Will Immediately Begin Qualifying Homeowners Hurt by Unemployment, Medical Issues
- Staunton natives persevere to keep 'Fathers in Touch' Sunday, June 19, 2011 @ 2:02AMErick and Isaac King agree that it takes a stable, nurturing home to raise successful kids.
- Texas ban on driver texting vetoed Friday, June 17, 2011 @ 11:52PMshare: digg facebook twitter “I believe there is a distinction between the overreach of (the texting ban bill) and the government's legitimate role in establishing laws for teenage drivers who are more easily distracted and laws providing further protection to children in school zones,” Perry said in his veto message. HB 2327 would have allowed public transit buses in four counties, including ...
- Company News: April LaFlamm promoted at Pathfinder Bank Friday, June 17, 2011 @ 9:26AMAlso news from Bergmann Associates Inc., SRC, Inc., and more.
- Small town docs: The search for someone who does it all Friday, June 17, 2011 @ 9:10AMOutstate communities are finding it increasingly difficult to land doctors who can do it all. Across the country, fewer medical students are choosing to become family practitioners, instead opting for specialties that pay more and afford shorter working hours.
- A College Degree in Three Years? Why America Needs to Get on Board Thursday, June 16, 2011 @ 7:34PMYou'd think that given the spiraling cost of college, American students would jump at the chance to finish up school in three years instead of the typical four. With a three-year accelerated degree, parents have to fork over less cash for tuition and room and board, the family's loan burden is lighter, and students can get on with their career plans earlier. How does this not make sense? But ...
- Texas Medical Board disciplines 92 doctors Thursday, June 16, 2011 @ 6:48PMAt its June 2-3, 2011 meeting, the Texas Medical Board disciplined 92 physicians, including 30 actions involving standard-of-care violations. These disciplinary actions include:
- Financial Disclosure Summaries for Key Lawmakers Thursday, June 16, 2011 @ 11:35AMSummaries of the 2010 financial disclosure reports released Wednesday for House and Senate leaders, new Republican House committee chairmen, new Democratic Senate committee chairmen and presidential candidates.
- Letters to the Editor: June 16, 2011 Wednesday, June 15, 2011 @ 5:00PMHere are letters to the editor from recent editions of the Daily News
- The Obamas Start Stumping for the 2012 Campaign Tuesday, June 14, 2011 @ 9:52AMThe Obamas delivered 2012 stump speeches at Democratic National Committee fundraisers in Miami and and Los Angeles Monday, reminding supporters that "We are not done," as the first lady said. President Obama is working to win back the Democratic donors who've soured on him since 2008, reminding them that "Big changes don't happen overnight.... The reason we're here today is because our work is ...
- VOICE OF THE PEOPLE: JUNE 14 Monday, June 13, 2011 @ 7:31PMBig 3 will lead
- Fitch Affirms Higher Education Loan Authority of Missouri, Series 2010-2 Monday, June 13, 2011 @ 2:58PMNEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the 'AAA' ratings on the senior student loan notes issued by Higher Education Loan Authority of the State of Missouri, series 2010-2. The Rating Outlook remains Stable. Fitch used its 'Global Structured Finance Rating Criteria' and 'U.S. FFELP Student Loan ABS Rating Criteria', as well as the refined basis risk criteria outlined in Fitch's June 29 ...
- Deduct This: The History of Student Loan Interest Monday, June 13, 2011 @ 9:05AMThis week, I reached a pretty significant milestone: I finally paid off my undergraduate student loa
- Letters to the Editor: June 12, 2011 Saturday, June 11, 2011 @ 5:00PMHere are letters to the editor from recent editions of the Daily News