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February 20, 2006

Balancing Debt and Education 

Filed under: Best Rate Loans — Administrator @ 4:28 am

Balancing Debt and Education 
HispanicBusiness.com - Feb 17 9:07 AM
You don’t have to be in college, or have a child who is, to realize that the student loan crisis is close to a tipping point. In 2004, the average loan burden of graduates, $17,600, nearly matched the maximum that undergraduates are allowed to borrow from the federal loan program over four years.Save to My Web

Sallie Mae chooses Muncie for new center 
Louisville Courier-Journal - Feb 14 2:54 AM
Student loan provider Sallie Mae plans to open a center in Muncie that would create an estimated 700 jobs over three years, officials said yesterday. “Today’s job announcement is the largest here in 20 years and means that our high school and college graduates can choose a career with a Fortune 500 company right here in Muncie,” Mayor Dan Canan said.Save to My Web

Changes in aid for students 
San Francisco Chronicle - Feb 14 3:40 AM
My Sunday column outlined changes in the government’s student-loan program that were included in the deficit-reduction act signed by President Bush last week. The act also includes some changes in the federal financial-aid formula that determines how much and…Save to My Web

Correction 
Cavalier Daily Online - 41 minutes ago
In yesterday’s article “IFC, ISC work to curb sexual assault” (Feb. 6), Kyle Boynton was erroneously identified as the president of Delta Sigma Phi fraternity. He is a former president of that…Save to My Web

College loan debt increasing 
The Easterner - Feb 14 11:39 PM
This generation of college students, our generation, is the most debt-burdened in history. According to a the federal student aid study from 1993 and 2004, 62 percent of students who graduated in 2004 graduated with student loan debt. A … Save to My Web

Muncie wins 700 jobs 
The Star Press - Feb 14 12:36 AM
Sallie Mae, the nation’s leading student loan provider, made a big investment in Muncie on Monday, guaranteeing 700 jobs at a new debt management center on the city’s north side.Save to My Web

Judge: Firm not negligent in failure to encrypt data 
ZDNet - Feb 14 5:48 PM
Federal court throws out suit that attacked student-loan provider for failing to encrypt customer database that was subsequently stolen.Save to My Web

Comment: it’s chips and pins with everything at the shops 
Daily Telegraph: Personal Finance - Feb 17 4:50 PM
Unless you have a chip and pin card, you may find yourself unable to spend your own money, writes Alison Steed.Save to My Web

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