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Sagging economy most affects students with loans from private lenders (Montana Kaimin)

October 2nd, 2008

As Congress struggles to reach a consensus on a bailout package for America s crippled financial institutions, Montana college students may wonder how the crisis affects them. Mick Hanson, director of UM s financial aid office, said the students who will most likely suffer from the recent crisis are those who depend on loans from private lenders. Continue…

At least 25 Michigan private and public colleges and universities have investments tied up in funds with limited access through the Wilton, Conn.-based Commonfund, its managers said Thursday. Continue…

Fidelity College Savings Indicator Finds Parents Are Projected to Meet Only 21 Percent of Future College Costs - Three … (Centre Daily Times)

October 2nd, 2008

Fidelity Investments(R) today announced the results of its second annual College Savings Indicator (CSI), which found that parents are projected to meet only 21 percent of the total cost of their children’s college education, a three percentage point decrease from last year. The CSI calculates how prepared parents are to pay for future college expenses, currently estimated at $120,000(1) for … More…

Fate of $700B package rests with the House More…

PHOENIX Several hundred new laws take effect today. And one of them could cost you some money. The Department of Public Safety plans to have the first three of a new fleet of photo radar vans on the road today. More…

For many people the credit crisis isn’t very real yet. But it is seeping down to Main Street More…

Campaigns differ on how to help with college costs (The Oregonian)

October 2nd, 2008

The price of college continues to surge, and financial aid isn’t keeping up. The Wall Street meltdown has hammered the stock market and college savings. And a college degree is ever more essential for finding a good job. No wonder… Read…

The Dow-Jones industrial average closed nearly 778 points below what it began Monday. Finance professor Richard Carter said the number represents a 7 percent drop ? and since the Dow-Jones industrial average reached its peak in October 2007, it has dropped 24 percent, as of Monday evening. Carter said Monday?s 7 percent loss does not mean that every stock fell exactly 7 percent, but the number … Read…

Barack Obama and John McCain agree a college education should be affordable to anyone, but there are differences in how each try to make that possible. Read…

There are several options for parents and students when applying for college loans. Read…

For many people the credit crisis isn’t very real yet. But it is seeping down to Main Street Read…

Democrat Barack Obama and Republican John McCain have offered similar campaign pronouncements: A college education should be affordable to anyone, and the process of getting federal aid is more complicated than it should be. But there are differences in how each would tackle the problem. Advertisement: BERGSTROM ELECTRIC INC Your Full-Service Electrical Contractor! New & Remodel … Read…

PHOENIX Several hundred new laws take effect today. And one of them could cost you some money. The Department of Public Safety plans to have the first three of a new fleet of photo radar vans on the road today. Read…

College students may continue to have easier access to federal student loans through July 2010, following a Sept. 17 vote by the U.S. Senate to extend the Ensuring Continued Access to Student Loans Act, first passed in April. Originally set to expire July 2009, the renewal passed by an overwhelming majority because of concerns about the current economic fallout. Read…

Private loan funding for Southeast Michigan college students is on the line if Washington can t make progress on a proposed $700 billion federal bailout of the financial industry, local education administrators said. Read…

McCain, Obama promise higher education reform (The Echo)

October 2nd, 2008

This is the second in a series of articles concerning the views and policies of the presidential candidates from the two largest parties. The series will continue until the Nov. 4 election. As Election Day quickly approaches, the candidates, Sen. John McCain and Sen. Read…

In his column on Brown University and the Common Application (”Tragedy of the Common App,” September 25), Dan Davidson ‘11 downplays the benefits the Common Application provides for first-generation and low- and moderate-income students, as well as some of the ways in which the University is already, “[focusing] its resources on the pressing problems that income disparity in college admissions … Read…

Rochester, N.Y. - The hardest part about student loans used to be paying them back. Now, the hardest part may be getting the loan. Read…

Democrat Barack Obama and Republican John McCain have offered similar campaign pronouncements: A college education should be affordable to anyone. But there are differences in how each would tackle the problem. Read…

Fidelity College Savings Indicator Finds Parents Are Projected to Meet Only 21 Percent of Future College Costs - Three … (Centre Daily Times)

October 1st, 2008

Fidelity Investments(R) today announced the results of its second annual College Savings Indicator (CSI), which found that parents are projected to meet only 21 percent of the total cost of their children’s college education, a three percentage point decrease from last year. The CSI calculates how prepared parents are to pay for future college expenses, currently estimated at $120,000(1) for … Continue…

College students may continue to have easier access to federal student loans through July 2010, following a Sept. 17 vote by the U.S. Senate to extend the Ensuring Continued Access to Student Loans Act, first passed in April. Originally set to expire July 2009, the renewal passed by an overwhelming majority because of concerns about the current economic fallout. Continue…

The financial woes plaguing Wall Street could start to affect those on college campuses across the country. Continue…

Despite the many changes in the federal student loan industry, Student Lending Works continues to offer a solution for students and parents looking for ways to pay for college. Continue…

Continuing Resolution Continue…

In his column on Brown University and the Common Application (”Tragedy of the Common App,” September 25), Dan Davidson ‘11 downplays the benefits the Common Application provides for first-generation and low- and moderate-income students, as well as some of the ways in which the University is already, “[focusing] its resources on the pressing problems that income disparity in college admissions … Continue…

The student loan market is among the lenders that are being subsidized by the U.S. government, but experts say that students shouldn’t feel the sting of the current bailout and mortgage debt crisis when they look to land student loans. The uncharted waters of the financial landscape struck banks and lenders on and off Wall Street in a record-breaking fashion, just as residents scrambled to … Continue…

The Republican candidate for governor wants to use private donations to help pay for teacher bonuses and student scholarships. Continue…

The price of college continues to surge, and financial aid isn’t keeping up. The Wall Street meltdown has hammered the stock market and college savings. And a college degree is ever more essential for finding a good job. Continue…

Private loan funding for Southeast Michigan college students is on the line if Washington can t make progress on a proposed $700 billion federal bailout of the financial industry, local education administrators said. Continue…

September 30, 2008 Legals (Lassen County News)

October 1st, 2008

FICTITIOUS BUSINESS NAME STATEMENT No. 2008-0000237 (Expires (08/25/13) First Filing The following person(s) is/are doing business as: MOUNTAIN PROPERTIES REAL ESTATE COMPANY, 181 Main Street, Chester, CA 96020, County of Plumas Phone: (530) 258-4114 This business is conducted by an Individual. More…

Craig Crawford, CQ - How did anyone think the public would get behind something sold as a bailout of Wall Street multi-millionaires? Make it a bailout of homeowners, and you would have something that could pass in Congress. More…

Federal loans are a guaranteed alternative (Washington State University Daily Evergreen)

October 1st, 2008

There are several options for parents and students when applying for college loans. Read…

SimpleTuition, Inc., the leading student loan comparison site for personalized student loan research, today announced it has been honored with two Standard of Excellence WebAwards for its website development for the second consecutive year. The SimpleTuition website was recognized in both the education and financial services categories of the Web Marketing Association’s annual WebAwards … Read…

Texas A&M University has started a program that will allow students meeting certain income requirements to attend the school without paying tuition. Read…

Continuing Resolution Read…

Obama campaign rallies young voters Actor and political activist Don Cheadle made a stop at Metropolitan Community College - Penn Valley Thursday for the Youth Vote Day of Action Kickoff and Voter Registration Drive. The state wide Youth Vote Day of Action was organized by the Missouri Campaign for Change and took place at 36 college campuses across Missouri. Read…

The Greater Texas Foundation recently awarded Lone Star College Foundation an $100,000 grant. Read…

If you have a high school student in your house, it’s never too early to start thinking about the college financial aid process, especially in these times of a shaky economy and spiraling college costs. Read…

JEFFERSON CITY Republican gubernatorial candidate Kenny Hulshof announced Tuesday that he wants to use private donations to help pay for teacher bonuses and student scholarships in Missouri’s urban school districts. Hulshof’s urban education plan adopts elements similar to those in legislation that has been debated but never approved by the state legislature. The proposal calls for awarding … Read…

Private loan funding for Southeast Michigan college students is on the line if Washington can t make progress on a proposed $700 billion federal bailout of the financial industry, local education administrators said. Read…

Mass. regains student funds (The Daily Free Press)

October 1st, 2008

After six months without having federal loans available to Massachusetts students, the state’s financing authority regained its funding and will be able to back federal Stafford Loans and private loans. Continue…

Some students at St. Louis Community College say their loan money is getting bottled up by a new computer system and they’re worried the Wall Street mess might make it worse. The students called FOX 2 s Elliott Davis and You Paid For It for help. Continue…

The financial woes plaguing Wall Street could start to affect those on college campuses across the country. Continue…

Consumer Smarts: Parents should study all about college aid (Seattle Post-Intelligencer)

September 30th, 2008

If you have a high school student in your house, it’s never too early to start thinking about the college financial aid process, especially in these times of a shaky economy and spiraling college costs. Continue…

The wait for student loan money has finally ended for Columbia State Community College students. Paul Hickey, a spokesman for the college, said Edamerica student loans came through this week. Students were supposed to receive their money Sept. 12. Continue…

The House of Representatives voted against a $700 billion bailout on Monday that many hoped would help this country s floundering financial sector. After the Monday 228-205 vote, the Dow Jones industrials plunged 777 points, the most ever in one day. This affects everyone, even college students. With no one confident in a market that has gone south, banks are less willing to loan large amounts … Continue…

The state commission in charge of student loans approved a $100 million deal Friday to keep offering loans to students in Illinois. Continue…

Earning college credit: Rising costs forcing students to use plastic (The Longview News-Journal)

September 30th, 2008

She has two scholarships, a government stipend and two student loans, but it isn’t enough to fully fund a college education. Read…

COLUMBUS, Ohio—-Despite the many changes in the federal student loan industry, Student Lending Works continues to offer a solution for students and parents looking for ways to pay for college. Read…


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