Member 396


Regulator: UBS defrauded NH student lender (AP)

15-08-2008 02h06
AP - New Hampshire securities regulators on Thursday accused banking giant UBS of defrauding the state's leading issuer of student loans.

Getting Smarter on School Loans (BusinessWeek Online)

14-08-2008 21h08
BusinessWeek Online - For years, college students and their parents have relied heavily on credit cards, home equity, and private loans to pay for school, according to a recent survey provided exclusively to BusinessWeek. But those sources of cash are drying up. On Aug. 6, Wachovia joined the more than 150 financial firms that have fled the private student-loan business. And Morgan Stanley froze home-equity lines for some clients.

Scores Drop Slightly on ACT (U.S. News & World Report)

14-08-2008 03h38
U.S. News & World Report - The slight decline in this year's average ACT scores wasn't much of a surprise to the creators of the college admissions test. That's because a record 1.42 million students--or 43 percent of all 2008 graduates--took the test, a 9 percentage point increase from last year. The pool of test takers included students from three states-Colorado, Illinois, and Michigan--that make the ACT mandatory for all graduating students, including those who are not collegebound. Out of a possible 36, the average score on this year's ACT test was 21.1, down slightly from 21.2 last year. ...

California may need extra $3 bln for schools (Reuters)

13-08-2008 06h32
Reuters - California may need to increase its spending on education by more than $3 billion to implement a new algebra requirement urged by Gov. Arnold Schwarzenegger, the state's top school official said on Tuesday.

Deputy hurt, suspect dead in Ga. standoff (AP)

12-08-2008 10h09
AP - A suspect was shot to death and a sheriff's deputy injured after an hour-long standoff near an elementary school in north Georgia Monday, authorities said.
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