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U.S. moving ahead on urgent student loan programs (Reuters)
06-05-2008 07h47Reuters - The Bush administration said on Monday it will be ready to accept requests for emergency student loans from state guaranty agencies by June 1 under a program to stabilize the $85 billion student loan industry.
U.S. ready for emergency student loan advances: report (Reuters)
05-05-2008 15h02Reuters - The U.S. Education Department will be ready to process emergency advances for student loans by June 1, the Wall Street Journal said on Monday, citing a letter to be sent Monday to state agencies that would enforce the program.
It's senior year for Troy and friends as `HSM3' begins (AP)
03-05-2008 07h54AP - In real life, Zac Efron is just as cute — maybe cuter — than he is dancing and singing as Troy Bolton in Disney's wildly popular "High School Musical" movies.
Lawyer: Keep private journal of SC teen accused in bomb plot (AP)
03-05-2008 04h42AP - A lawyer for a South Carolina teen accused of plotting to blow up his high school says the 18-year-old's journal should be kept private.
Scoring a Private Loan for College (BusinessWeek Online)
02-05-2008 21h08BusinessWeek Online - Families often turn to private loans to bridge the gap between the cost of college and the maximum $5,500 a year undergraduates can borrow in federally backed student loans. But the credit crunch means those seeking private loans for the coming academic year are likely to encounter problems, from higher interest rates to lenders that balk at making loans to any but the most creditworthy. "It's more important than ever for families to plan in advance," says Kevin Walker, CEO of Simple Tuition, which runs a Web site that lets borrowers compare offerings from lenders that pay it for placement.
Navigating the Crunch (BusinessWeek Online)
02-05-2008 21h08BusinessWeek Online - The student loan industry is in turmoil. Since Jan. 1, more than 60 lenders, or 14% of the market, have announced plans to stop making loans backed by the Federal government. Lenders are also making it harder for families to qualify for private loans, which lack government backing and often bridge the gap between financial aid and the cost of college. With peak season for student loan borrowing about to begin, BusinessWeek's Anne Tergesen spoke with Mark Kantrowitz, publisher of financial aid Web site FinAid. ...
Student-loan legislation moves forward (The Christian Science Monitor)
02-05-2008 17h00The Christian Science Monitor - In moving this week to shore up the student-loan market, the federal government aims to avert a credit crunch that some warned could make it harder for students to borrow for college.
Student loan plan goes to Bush (Reuters)
02-05-2008 08h53Reuters - The Bush administration will get broad price-setting powers under a student loan market stabilization plan given final approval on Thursday by the U.S. Congress, lifting the stock prices of student loan providers.
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