Private College Student Loan

Federal Student Loan Rates News

  • Obama, lawmakers press ahead for elusive debt deal Saturday, July 16, 2011 @ 12:56AMWASHINGTON (Reuters) - President Barack Obama and congressional leaders pressed ahead with private talks on deficit reduction on Saturday, seeking an as-yet-elusive way to lift the debt ceiling and avoid a U.S. default next month.
  • Don't keep raising your personal debt ceiling Friday, July 15, 2011 @ 11:58PMFive ways to keep your finances under control.
  • Default would be devastating, economists say Friday, July 15, 2011 @ 11:16PMConsumer loan interest rates would soar, and the Dow could tumble 1,000 points or more.
  • No Deal on Debt Ceiling May Mean Higher Mortgage, Loan Rates Monday, July 11, 2011 @ 5:54PMRates on mortgages, car loans and certain types of student loans could rise if the White House and Congress don't come to an agreement on raising the government's debt limit. "The significance of averting a default cannot be overstated," said Greg McBride, senior financial analyst at Bankrate.com. "Our livelihoods, our financial security is at stake in this game of debt ceiling chicken." McBride ...
  • Discover Retained at Outperform Wednesday, July 6, 2011 @ 3:30PMWe retain our Outperform rating on Discover based on its dominant position, focus to explore opportunities for inorganic growth and implements several capital-bolstering initiatives.
  • Worried About Rising Interest Rates? 5 Things You Can Do Wednesday, July 6, 2011 @ 7:06AMYou?ve probably heard quite a bit in the news about the end of the Federal Reserve?s QE2
  • Best Consumer Credit Since '06 Reveals Loan Rebound Tuesday, July 5, 2011 @ 4:02PMThe average U.S. credit score rose to 696 in May, the highest in at least four years, according to Equifax
  • Clinton to Obama: Don't blink on debt-ceiling showdown Sunday, July 3, 2011 @ 3:04AMFormer President Bill Clinton urged the Obama White House to remain steadfast over its pledge to increase the federal debt ceiling by August 2.
  • Betting on Bob Sunday, July 3, 2011 @ 12:50AMIN 1997, DAVID BOWIE applied his well-known penchant for experimentation to finance: He offered to sell shares of his albums' future revenues. If you had faith in the enduring popularity of "Ziggy Stardust" and "Space Oddity," you could purchase Bowie Bonds and receive a percentage of the royalties for 10 years. In return, the aging rock star got an immediate ...
  • Obama news conference: 'A lot of people say a lot of things to satisfy their base' Saturday, July 2, 2011 @ 4:33PMFull text of Obama's news conference June 29 and House Speaker Boehner's response.
  • Iowa General Assembly session issue scorecard Friday, July 1, 2011 @ 12:25AMDid
  • Wisconsin budget changes have wide reach Friday, July 1, 2011 @ 12:24AMProspective politicians, college students, business owners, state workers and commuters all face a new world when the new state budget takes effect today.
  • New state budget reshapes life in Wisconsin Friday, July 1, 2011 @ 12:08AMMADISON - Prospective politicians, college students, business owners, state workers and commuters all will face a new world when the new $66 billion, two-year state budget takes effect today.
  • Sallie Mae spent $1.52M lobbying in 1Q Thursday, June 30, 2011 @ 9:50PMSallie Mae spent $1.52 million lobbying the federal government in the first quarter on issues including last year's overhaul of financial regulations.
  • Program can help fund college costs Friday, June 24, 2011 @ 2:09PMFor 20 years the NJCLASS supplemental loan program, administered through the New Jersey Higher Education Student Assistance Authority (HESAA), has been helping students afford the cost of college. Highly rated by Moody’s and Fitch rating agencies, HESAA offered $326.5 million in tax exempt bonds recently to support the NJCLASS loan program. read more
  • Top Republican Cantor exits budget talks Thursday, June 23, 2011 @ 4:54PMWASHINGTON (AP) — House Majority Leader Eric Cantor pulled out of talks with Vice President Joe Biden on a deficit reduction-debt ceiling deal, saying they had reached an impasse over Democratic de...
  • Jon Kyl Pulls Out Of Debt Ceiling Negotiations Following Eric Cantor's Exit Thursday, June 23, 2011 @ 12:30PMWASHINGTON Majority Leader Eric Cantor said Thursday that Democratic demands that some tax increases be paired with the spending cuts have brought budget negotiations led by Vice President Joe Biden to an impasse. Cantor said he's pulling out of the talks.
  • Dreaming of a bigger home Thursday, June 23, 2011 @ 7:14AMWhen Wyonnie and Kwame Flaherty bought their two-bedroom apartment in Queens, N.Y., in 2008, they thought it was the perfect stepping-stone.
  • MBIA-BofA, Credit Suisse, Bayer, EIIB, Heineken, Microsoft in Court News Friday, June 17, 2011 @ 7:28AMMBIA Inc. hid potential losses of as much as $950 million on commercial real estate debt as it sought New York regulators’ approval to restructure its insurance business in 2008, banks including Bank of America Corp. and UBS AG claimed in court papers.
  • Value in the For-Profit Education Industry Thursday, June 16, 2011 @ 8:47PMFor ratio of college degree holders relative to the overall population, the United States ranks No. 11 right now.
  • Fitch Affirms Ratings on SLM Student Loan Trust 2004-5 Wednesday, June 15, 2011 @ 4:03PMNEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the senior student loan-backed notes at 'AAAsf' and the subordinate student loan-backed note at 'BBsf' issued by SLM Student Loan Trust 2004-5. The collateral supporting the notes is comprised of student loans originated under the Federal Family Education Loan Program (FFELP). The Rating Outlook is Stable. A full rating list is shown below. Fitch ...
  • Brendan Fischer: Budget could bring bail bondsmen, bounty hunters back to Wisconsin Wednesday, June 15, 2011 @ 8:03AMIn another win for well-connected right-wing interests, Wisconsin Rep. Robin Vos, R-Burlington, squeezed a last-minute provision into the budget on June 3 that moves Wisconsin toward re-introducing bail bondsmen (and bounty hunters) to the state, a corruptive practice that has been prohibited since 1979. Like much of the dairy state’s recent legislative activity, this latest effort is smudged ...
  • Serving Niles since 1886 Wednesday, June 15, 2011 @ 7:12AMThe Niles Community Schools Board of Education is expected to vote on a proposal to borrow as much as $2 million in an advance on the district’s current sinking fund and foundation pledges at its next meeting, June 27.
  • Go wild in Little Book Cliffs Tuesday, June 14, 2011 @ 1:45PMMore than 33,000 wild horses and burros roam across ranges on federal lands in 10 Western states. But the U.S. Bureau of Land Management’s Little Book Cliffs Wild Horse Area just northeast of Grand Junction is unique in several respects. First, Little Book Cliffs is one of only three areas in the United States set aside specifically for wild horses or burros.
  • Hometownstations.com-WLIO- Lima, OH News Weather SportsAmericans' equity in their homes near a record low Friday, June 10, 2011 @ 8:51AMIn this June 3, 2011 photo, members of the Home Defenders League rally in front of the Bank Of America in San Jose, Calif. (AP Photo/Paul Sakuma) WASHINGTON (AP) - Falling real estate prices are eating away at home equity.
  • 6/9 Business Briefs: 'Solar Party’ to tout solar energy use Wednesday, June 8, 2011 @ 10:38PMLAKEWOOD RANCH -- Tri-County Air Conditioning & Heating and QwikSolar will team up to hold a free “Solar Party” to talk about the benefits of using solar energy, and to share information about Florida Power & Light’s solar rebate program.
  • Falwell's Liberty University Raking in Money from Taxpayers Wednesday, June 8, 2011 @ 9:55PMIn the past, Liberty University was saved from debt by being a beneficiary of the late Jerry Falwell's life insurance policy.
  • Students crushed by high interest rates Wednesday, June 8, 2011 @ 11:32AMThe rate of default on student loans is growing, in part because of what some call the 'punitive' interest rates set as high as 8.5%, says one credit counsellor
  • Drowning in student debt? Bankruptcy not an easy out Wednesday, June 8, 2011 @ 9:47AMThe rate of default on student loans is growing, in part because of what some call the 'punitive' interest rates set at 8.5%, 550 basis points above the prime lending rate
  • As debt mounts, few college students understand loan payoff process Thursday, June 2, 2011 @ 8:14PMIn Naples this week, college financial aid advisors and directors from all over the state have gathered for an annual conference. Though it takes place every year, a perfect storm of changes — both planned and environmental — are giving the 700 members of the Florida Association of Student Financial Aid Administrators a lot to talk about.
  • For-profit education companies’ stock up as regulation pared back from early draft Thursday, June 2, 2011 @ 7:45PMFor nearly a year, for-profit colleges have been battling the Obama administration over a key rule designed to keep the schools from saddling students with more debt than they can repay. On Thursday, the stock market declared a winner: the industry and its network of lobbyists. Investors greeted the Education Department’s new “gainful employment” regulation with a collective sigh of relief ...
  • For-profit college students learn hard lessons Thursday, June 2, 2011 @ 6:18PMStudents at for-profit schools make up only 12 percent of all higher education students - but 46 percent of student loan defaults
  • Fitch Rates State of North Carolina State Education Assistance Auth Series 2011-2 Thursday, June 2, 2011 @ 2:04PMFitch Ratings has assigned the following ratings to the State of North Carolina State Education Assistance Authority series 2011-2 student loan backed notes as follows:
  • Viewpoint: Decision about what to do after high school involves many factors Sunday, May 29, 2011 @ 12:00AMWith its 45th-in-the-nation rank in the percentage of adults with an associate's degree or better, Tennessee needs to graduate more college students if it hopes to achieve its economic potential.
  • Letters to the Editor: May 25, 2011 Tuesday, May 24, 2011 @ 5:00AMHere are letters to the editor from recent editions of the Daily News
  • Our view: Student loans on taxpayers' tab Monday, May 23, 2011 @ 6:51PMEducation Department needs to crack down on defaults
  • Student debts set to explode Monday, May 23, 2011 @ 8:30AMTHE Federal Government expects to lend an extra $170 million to Australian students.
  • 7 Tips for Repaying Your Student Loans Tuesday, May 17, 2011 @ 9:13AMPlay it smart when it's time to start paying back those education debts.
  • Remarks by the President at a DNC Event Tuesday, May 17, 2011 @ 8:18AMRelease Time:  For Immediate Release Location:  Capital Hilton Washington, D.C. 8:21 P.M. EDT THE PRESIDENT:  Hello, everybody!  Thank you.  Thank you.  Thank you, everybody.  Thank you. Well, it is good to see all of you here tonight.  (Applause.)  What an incredible honor to be introduced by Ernie Green.  Please give Ernie Green a big round of applause.  (Applause.)  I would not be standing ...
  • Charleston to consider permit for nonprofit boarding house Tuesday, May 17, 2011 @ 5:04AMCHARLESTON - The City Council tonight will consider a permit application for a boarding house for women and their children facing homelessness.
  • SUNO/UNO merger bill up for House debate Monday Sunday, May 15, 2011 @ 11:30AMMELINDA DESLATTE Associated Press BATON ROUGE, La. White Democrats will likely decide the fate of a racially charged proposal up for a vote Monday in the Louisiana House that would merge historically black Southern University at New Orleans with the largely white University of New Orleans. Republicans back the consolidation proposal pushed by Gov. Bobby Jindal and sponsored by House Speaker Jim ...
  • Officer, trainee charged in theft Saturday, May 14, 2011 @ 5:43PMA Rocky Mount police officer and a cadet in training were charged this week in connection with a 2007 car break-in in which guns were stolen, the Pitt County Sheriff's Office reported.
  • Education Funding: Before, During and After College Wednesday, May 11, 2011 @ 2:13PMThe message about the importance of higher education has not been lost for this generation of students. The problem is paying for it. Educational costs increase at a rate
  • Board cuts 1 teacher job Wednesday, May 11, 2011 @ 11:07AMEnd-of-year business and the superintendent transition have begun at Southwestern Consolidated Schools.
  • 5 lessons to teach your children how interest works Wednesday, May 11, 2011 @ 10:46AMWhile your kids may readily grasp the concept of putting money aside for a rainy day, getting them to understand how interest can add to their wealth or leave them drowning in debt may require more novel explanations.
  • BRIEFLY: May 11 Wednesday, May 11, 2011 @ 9:16AMRead about what's happening in and around Plymouth.
  • Local News Wednesday, May 4, 2011 @ 6:57AMBy Daily World Staff Grays Harbor E9-1-1 presented three awards for exemplary job performance on Tuesday to local telecommunicators as part of Public Safety Telecommunications Week. In 2010, the E9-1-1 Center processed 141,560 calls-for-service: 16,295 for fire and emergency medical service and 125...
  • For-Profit College Aid Rules Sent for White House Review Tuesday, May 3, 2011 @ 4:21PMProposed rules that would restrict for-profit colleges’ access to student aid have been sent to the White House for review, bringing them a step closer to approval.
  • Universal Technical Institute Reports Fiscal Year 2011 Second Quarter Results Tuesday, May 3, 2011 @ 3:05PMUniversal Technical Institute, Inc. , the leading provider of automotive technician training, today reported net revenues for the second quarter ended March 31, 2011 of $114.2 million, an 8.1 percent increase from $105.6 million for the second quarter of the prior year. Â Net income for the second quarter ended March 31, 2011 was $7.0 million, an increase of 15.7 percent from $6.0 million for ...
  • Education Management dips on enrollment, outlook Thursday, April 28, 2011 @ 9:33PMShares of Education Management Corp. fell sharply Thursday after the company reported lower net income and much weaker enrollment growth.