Federal Direct Student Loans News
- Free money isn't free: Scholarship-dependent students put on waiting list Wednesday, September 1, 2010 @ 9:20PMPaying for college in Missouri became even more difficult this summer when Governor Jay Nixon announced two major budget cuts for higher education. Nixon decreased the Missouri Access grant funding by $50 million in July. Students who qualify for the grant will receive nearly $2,000 less per year if they attend a public university and almost $3,000 less per year if they attend a private ...
- Census Bureau Reports 16 Percent Increase in Federal Domestic Spending in 2009 Tuesday, August 31, 2010 @ 2:13PMOverall Spending More Than $10,000 Per Person
- Stimulus Jump: Federal Spending Up 16 Percent Tuesday, August 31, 2010 @ 1:28PMThe U.S. Census Bureau announced Tuesday that federal domestic spending rose 16 percent in fiscal year 2009, to $3.2 trillion, equivalent to $10,548 per person living in the United States.
- Stocks Will Benefit from Bond Bust Friday, August 20, 2010 @ 3:22PMThe coming bond bust will unleash a torrent of new money in the stock market. Get ready for that ahead of time.
- Corinthian Colleges Reports Fiscal 2010 Fourth Quarter Results Friday, August 20, 2010 @ 6:45AMCorinthian Colleges, Inc. reported financial results today for the fourth quarter ended June 30, 2010. Â The results for the fourth quarter and fiscal year were within previous guidance ranges for new student growth, revenue and earnings per share. Â
- Favoritism alleged at student loan unit Thursday, August 19, 2010 @ 11:12PMSix employees of a state agency that oversees collection of delinquent student loans were suspended Thursday after an investigation by the state inspector general's office revealed preferential treatment had been given to an agency employee and a former Albany County prosecutor. The inspector general's investigation also found that an employee of the Higher Education Services Corp. (HESC) made ...
- More Financial Aid Available for Online Education Thursday, August 19, 2010 @ 2:01AMIt's a fact of life that college can be expensive.
- Why The Best GOP Economic Plan Still Isn't Very Good Wednesday, August 18, 2010 @ 3:18PMMitt Romney is smart enough not to join Newt Gingrich and Sarah Palin in using the proposed mosque at Ground Zero to to lauch a presidential bid.
- Mitt Romney's wet noodle economics Wednesday, August 18, 2010 @ 2:51PMHe tries to make a case for simultaneous tax cuts and budget balancing, but it's impossible
- Robert Reich: Mitt Romney's Wet-Noodle Economics Wednesday, August 18, 2010 @ 2:39PMMitt Romney is the most credible of all the likely Republican presidential candidates. He's right to focus on the economy, and he's to be commended for coming up with specifics. But his specifics are loony.
- Sen. Telo Taitague (I) R - Chalan Pago Monday, August 16, 2010 @ 12:12PMQUESTION: What is the first bill you will introduce, and what specific problem will it address?
- Kids & Money | New law can help prevent becoming a college-debt deadbeat Friday, August 6, 2010 @ 10:26PMIf you’re a college student or a recent graduate, don’t put yourself into a position to receive one of these notices from the U.S. Department of Education . It’s a debt collection letter, and it starts with a decidedly hard-edge tone: “The U.S. Department of Education holds one or more past due, legally enforceable, defaulted student loans or grant claims for which you are responsible.”
- Residents, Students Seek Action on Medical Education, Obesity, Other Topics Wednesday, August 4, 2010 @ 6:51PMFuture family physicians want the Academy's help in making changes to medical education, including proposals on residents' duty hours and preventing burnout among medical students and residents. They're also asking the AAFP to consider supporting efforts to allocate revenue from any tax on sugar-sweetened beverages for obesity and diabetes education, research and prevention efforts, and to ...
- Discover Student Loans Marks Three-Year Anniversary Wednesday, August 4, 2010 @ 7:23AMRIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Student Loans is celebrating its third anniversary by reducing its lowest eligible interest rate to 3.75 percent to help families cope with the rising costs of college.
- Discover Student Loans Marks Three-Year Anniversary Wednesday, August 4, 2010 @ 7:08AMRIVERWOODS, Ill.----Discover Student Loans is celebrating its third anniversary by reducing its lowest eligible interest rate to 3.75 percent to help families cope with the rising costs of higher education, cutbacks in available scholarships and increased competition for shrinking public funds.
- Texas student loan guarantor looks to redefine itself Thursday, July 29, 2010 @ 9:52PMTexas student loan guarantor looks to redefine itself
- Our views: Stimulus has saved jobs, prevented worse economic downturn Sunday, July 25, 2010 @ 11:30AMDepending on your point of view, the 18-month $787 billion federal stimulus plan is the cause of all our economic woes, or a tool in the battle against the worst economic downturn since the Great Depression.
- Jason Alderman: Federal Student Loan Changes Wednesday, July 21, 2010 @ 10:14AMA key component of the recently passed Health Care and Education Reconciliation Act will result in several significant modifications to the how federal student loans are offered and processed.
- U.S. Bancorp Reports Net Income for the Second Quarter of 2010 Wednesday, July 21, 2010 @ 6:00AMMINNEAPOLIS----U.S. Bancorp today reported net income of $766 million for the second quarter of 2010, or $.45 per diluted common share. Earnings per diluted common share included a $.05 benefit related to a non-recurring exchange of perpetual preferred stock for outstanding income trust securities during the quarter.
- Making a Budget? Break Down the 'Big 4' Expenses First Thursday, July 15, 2010 @ 8:39AMLooking to trim expenses to pay off bills? Be sure to consider the four biggest areas of expense first.
- As Debt Continues to Rise, Consumers are Turning to Pay1Day.com for Personal Loans as One of the Few Remaining Credit ... Thursday, July 15, 2010 @ 2:00AMPay1Day.com is a direct lender of payday loans that has seen an increase of demand in such loans as the result of current economic situation in America.
- Pilot program teaches Airmen to SAVE Friday, June 25, 2010 @ 10:27AMThe first presentation for ‘Setup A Victorious Ending’ took place Tuesday at the Stewart Theater.
- Discover Surpasses Estimates Friday, June 25, 2010 @ 9:29AMOn June 24, Discover Financial Services reported a fiscal second quarter profit of $258 million or 33 cents per share.
- Student loan switch won’t help university budget woes Monday, June 21, 2010 @ 2:03PMLINCOLN — A change in the way federal student loans are administered has led to an eye-popping 51 percent increase in the University of Nebraska’s federal funding for 2010-2011.
- Oregon Senator Jeff Merkley Unveils Changes to Student Loans and Grants Tuesday, June 1, 2010 @ 9:01PMStarting this Fall, more students will be eligible for Pell Grants and those with loans might find cheaper interest rates. read more
- Press Briefing by Press Secretary Robert Gibbs, 6/1/10 Tuesday, June 1, 2010 @ 5:07PM2:21 P.M. EDT MR. GIBBS: Mr. Feller. Q Sir. Two topics I’d like to ask you about, Robert. On the Mideast, does President Obama condemn Israel’s raid of the aid ship headed to Gaza? MR. GIBBS: Well, Ben, let me simply restate what the international community and the United States supported early this morning at the U.N. Security Council through a presidential statement. The Security ...
- Starting this summer, Uncle Sam will be your banker for federal student loans Tuesday, June 1, 2010 @ 10:55AMFamilies can expect a streamlined process and some other perks After high school seniors graduate this season, they and their parents will soon face another time-honored tradition —paying college tuition.
- Taxes 101: High School Students, College Graduates First-job Tax Tutorial Saturday, May 29, 2010 @ 7:55AMRegular Paycheck Brings Tax, Savings Choices
- Smart ways to pay off college loans Saturday, May 29, 2010 @ 12:14AMNew York -- Graduation season is here. Which means student loan bills are close behind.
- Ways to wealth: Find public service work to cancel or reduce student loans Saturday, May 29, 2010 @ 12:00AMYou may qualify for the Public Service Loan Forgiveness Program.
- Taxes 101: H&R Block Gives High School Students, College Graduates First-Job Tax Tutorial Thursday, May 27, 2010 @ 8:16AMRegular Paycheck Brings Tax, Savings Choices
- Taxes 101: H&R Block Gives High School Students, College Graduates First-Job Tax Tutorial Thursday, May 27, 2010 @ 8:00AMKANSAS CITY, MO--(Marketwire - 05/27/10) - Graduation, commencement -- whatever you call it, big milestones like these require big celebrations and presents. After all the graduation money is spent and people have stopped saying "congratulations," they may be asking about work. Not school work, but "work" work. For high school students working their first job and college graduates entering the ...
- Why do illegal aliens get so much attention? Thursday, May 27, 2010 @ 7:55AMImmigration is again on the table (my letter — “Enforce immigration laws already on books” — MDN 5/3/09).
- New Laws Effective January 1, 2010 Tuesday, May 18, 2010 @ 11:04PMThe following legislation will take effect beginning Jan. 1, 2010.
- Three Dozen Arrests Made at OU Block Party Monday, May 17, 2010 @ 11:46AMThe Athens Police Department had 11 arrests and state liquor agents had 26.
- Credit Union Members Being Targeted by Phone Scam Monday, May 10, 2010 @ 4:16PMCredit unions in the Huntington area are cautioning their members about a phone scam which seeks to get their debit card account information through fraudulent means.
- W.Va. Early Voting Up From '06 Primary Monday, May 10, 2010 @ 4:16PMThe early voting turnout was about 14,000 higher than in the previous off-year primary, in 2006.
- Global Deflation, Global Inflation & Australia’s Gold Tax Grab Thursday, May 6, 2010 @ 2:39PMThe week of May 3 rd to 6 th has rocked the financial world. Stock markets fell around the globe with an almost 2% one-day drop in equity values across 23 developed nations (per the MSCI gauge), and a 5.2% fall in three days.
- The Deception of Number Crunching Thursday, May 6, 2010 @ 10:54AMPart of the reason for the extraordinary length of the recently passed health care reform bill was that it also contained other provisions, including a "reform" of the student loan industry, in which the private student loan companies currently offering government-backed student loans, will now be replaced by direct government loans, supposedly cutting out the middleman.
- NAFCU Selects Discover as Preferred Partner for National Payment Network Solutions Thursday, May 6, 2010 @ 8:00AMWASHINGTON----NAFCU Services Corporation announced today the addition of Discover® to its Preferred Partner Program for national payment network solutions for credit unions.
- Chuck Royce Q1 Portfolio Update Wednesday, May 5, 2010 @ 10:39PMChuck Royce likes to invest in small cap stocks. He thinks that quality companies exist throughout the equity universe; investors should be expecting 6-9% a year for the decade. This is Q1 portfolio update of Royce Funds. Read more » »
- Admitted to College, but Needing a Godmother Tuesday, May 4, 2010 @ 4:25PMThe New York Times When financial aid is not enough, families can ask for more help. Judging those appeals falls to people like Sandra J. Oliveira.
- Robert Kuttner: Harry and the Homeowners Sunday, May 2, 2010 @ 9:22PMNationally, one in four homeowners owes more on their mortgage than the current value of the house. In Nevada, the nation's most extreme case, the figure is 70 percent -- nearly three homes in four homes underwater. In this context, voters are rightly depressed and disgusted with the incumbent party. The Obama Administration has made several false starts at serious mortgage relief. But every ...
- End student loans' bankruptcy exemption Thursday, April 29, 2010 @ 2:03AMValisha Cooks assumed the college education she financed with debt — about half of it in expensive private student loans — would pay off handsomely. Cooks, like so many others, assumed wrong.
- Students trapped in private loans, with no bankruptcy protection Wednesday, April 28, 2010 @ 11:00PMValisha Cooks assumed that the college education she financed with debt -- about half of it in expensive private student loans -- would pay off handsomely.
- What if your tax refund is wrong? Monday, April 19, 2010 @ 5:00AMYou got a check that's less, or more, than you expected. Find out why and what to do about it.
- Changes seen in student loans for fall Wednesday, April 14, 2010 @ 7:48AMFREMONT --Students at Terra Community College and all other higher education institutions will have a different loan program before classes next fall, but few will even notice the changes.
- Editorial: Shift on student aid will pay off Thursday, April 8, 2010 @ 11:44PMOvershadowed by the presidential signing of the historic health reform bill was a restructuring of the federal student loan program, signed last Tuesday.
- Health care law modifies financial aid Thursday, April 8, 2010 @ 7:40PMPresident Barack Obama's recent health care reform included provisions allowing the government to assume student loans previously held by private lenders and institute a new age of loans available directly from the Department of Higher Education, or DHE. Obama signed this bill into law on March 22, and referred to this provision as "one of the most significant investments in higher education ...
- Economic development is the focus in Halifax County Thursday, April 8, 2010 @ 12:35PMWELDON — Just what is economic development and why does it need to happen in Halifax County? These questions were the focus at Halifax Community College (HCC) Wednesday, as Congressman G.K. Butterfield made his annual visit to the school.