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October 11, 2005

Federal student financial aid programs may be cut 

Filed under: Best Rate Loans — Administrator @ 4:10 am

Federal student financial aid programs may be cut 
Daily Vidette - Oct 05 6:54 PM
Kunal Mehta Daily Bruin (UCLA) (U-WIRE) LOS ANGELES - As much as $14 billion could be cut from federal student financial aid programs if certain proposed budget adjustments are approved by the U.S. Congress. The reductions are being discussed as a means to rein in the federal budget deficit, but many student groups across the country find the proposal alarming due to the potential effect on their Save to My Web

Forecast for 20% increase in per-share profit in ‘06 
Boston Globe - Oct 08 12:45 AM
THE REGION Staples Inc. , the world’s largest office supply retailer, said per-share profit next year will rise as much as 20 percent and that it will buy back $1.5 billion more in shares. The Framingham company will add more furniture, including the California Closets brand, and continue to increase services at its copy centers, chief operating officer Michael Miles …Save to My Web

Conservatives Like Bush Vow to Battle Spending Curbs 
Fox News - Oct 05 5:29 AM
President Bush’s conservative allies in Congress hope he uses some of his political capital to push for more budget cuts to help pay for hurricane relief.Save to My Web

Nebraska firm buying Texas student loan assets 
KVIA - Oct 04 9:46 AM
LINCOLN, Neb. A Lincoln, Nebraska-based student loan company will buy up the outstanding stock of a Texas student loan group.Save to My Web

Whats Going On Calendar 
San Francisco Bay View - Oct 07 4:20 AM
Become a volunteer at one of San Francisco’s most resourceful youth organizations. SMART, Schools Mentoring and Resource Team, is a scholarship program for highly motivated, low-income middle school students in San Francisco.Save to My Web

Business association drafts bill on student loans 
Russian Information Agency Novosti - Oct 10 12:59 AM
MOSCOW, October 10 (RIA Novosti) - The Russian Union of Industrialists and Entrepreneurs, the Russian Bank Association, and the local Higher School of Economics have drafted a bill on a student loan program, the head of the union said Monday.Save to My Web

ACS wins new $35M student loan servicing contract 
Dallas Business Journal - Oct 06 9:58 AM
Affiliated Computer Services Inc. on Thursday said it has won an additional $35 million outsourcing contract with Wachovia Education Finance, an originator and holder of education loans.Save to My Web

NextStudent Inc. Upgrades Website 
[Press Release] PR Web - Oct 09 12:14 AM
NextStudent Inc. announces completion of a major interface overhaul to its corporate website. Already a leader in the student loan industry online, the company expects the new site to outperform the previous version. [PRWEB Oct 9, 2005]Save to My Web

Student Fees Increase, But So Does Need-Based Financial Aid 
New University - Oct 03 10:54 PM
Over four years, grant aid has increased 31.9 percent. The estimated cost for in-state students is $20,690.Save to My Web

October 10, 2005

Fitch Rates SLC Student Loan Trust 2005-2 Issue

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Fitch Rates SLC Student Loan Trust 2005-2 Issue
Business Wire (press release), CA - Sep 28, 2005 15, 2005. The collateral securing the notes are consolidation loans originated under the Federal Family Education Loan Program (FFELP).

Before You Buy Real Estate… 

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Before You Buy Real Estate… 
Motley Fool via Yahoo! Finance - Oct 04 1:49 PM
Six important financial steps to take before you make an offer.Save to My Web

Business buzz 
Sarasota Herald-Tribune - Oct 06 1:45 AM
Anders Nilsen, director of financial aid at Manatee Community College, has been appointed to a three-year term on the National Student Loan Clearing House Advisory Board. The board reports on student loans and enrollment status to the federal government.Save to My Web

Fixing mistakes in your credit record 
Delaware Online - Oct 02 1:24 AM
Someone used Tyrone Davis’ personal information to take out a student loan for a technical school in Baltimore, then defaulted on the loan. Now, Davis can’t get his credit record straightened out.Save to My Web

First Marblehead Accelerates Planned Closing Date for $1.68 Billion Securitization of Private Student Loans 
[Press Release] Business Wire via Yahoo! Finance - Oct 06 1:47 PM
The First Marblehead Corporation , a leading provider of outsourcing services for private, non-governmental education lending, today announced that the anticipated closing date for a securitization enabling the purchase of private student loans by The National Collegiate Student Loan Trust 2005-3 has been accelerated, and that the Company now expects the transaction to close on or about October Save to My Web

Bonita Daily News | The Banner 
Bonita Daily News - Oct 09 3:19 AM
For years, men had a stranglehold on midlife angst.Save to My Web

Greater Phoenix National College Fair Helps Arizona Students and Families Navigate the Road to Higher Education 
[Press Release] PR Newswire via Yahoo! Finance - Oct 07 11:30 AM
The following is being issued by Southwest Student Services Corporation:Save to My Web

Corporate report 
Sarasota Herald-Tribune - Oct 04 3:11 AM
Mosaic Co. — The company, created from the combination of IMC Global and the crop nutrition unit of Cargill Inc., said earnings for the first quarter rose 85 percent because of rising prices.Save to My Web

By laura tester Advocate staff 
Red Deer Advocate - Oct 04 3:12 PM
Colleges and universities should open their doors to more students with lower grades, says an Olds teacher at a public forum on post-secondary education.Save to My Web

Marjie Lundstrom: Attorneys who offer society so much, but are paid so little 
The Sacramento Bee - Oct 08 4:43 AM
Today’s topic: Lawyers who aren’t paid enough, and why we should care.Save to My Web

October 9, 2005

College debt average hits an all-time high 

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College debt average hits an all-time high 
The Marietta Times - Oct 05 5:33 AM
Life after college is expensive, especially when students graduate already thousands of dollars in debt. With tuition prices and fees constantly rising, obtaining a four-year degree is becoming more difficult and much more expensive, and school loans are a reality for many college students.Save to My Web

College Day 
Carlsbad Current-Argus - Oct 04 11:29 PM
CARLSBAD Armed with brochures and information from Texas Tech University and New Mexico Tech, Carlsbad High School senior Ryan Goins decided to talk to the recruiter from South Plains College as well.Save to My Web

Fitch Rates SLM Student Loan Trust 2005-8 Issue

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Fitch Rates SLM Student Loan Trust 2005-8 Issue
Business Wire - September 20, 2005 01:07 PM US Eastern Timezone Fitch Rates SLM Student Loan Trust 2005-8 Issue NEW YORK–(BUSINESS WIRE)–Sept. loan pool balance and the add-on consolidation loan account balance, with a floor of $3,780 balance and the add-on consolidation loan account balance; the capitalized interest

8-k: CONSOLIDATION LOAN FUNDING II, LLC (0001312057) (Filer)
SEC Filings - CONSOLIDATION LOAN FUNDING II, LLC (Filer) IRS No.: 364546571 State of Incorp.: DE Fiscal Year End: 1231 Type: 8-K Act: 34 File No.: Film No.:

Steven Madden Issues Positive 3Q Outlook
AP via Yahoo! - Contact us now.www.moneymanagement.orgCompare debt consolidation loan rates.

October 8, 2005

Ontario students brace for bigger bills 

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Ontario students brace for bigger bills 
Canada.com - Oct 03 4:33 AM
TORONTO — Debt-ridden students are bracing for bigger bills next year with the news that Ontario Premier Dalton McGuinty is lifting a freeze on tuition fees in 2006.Save to My Web

Higher tuition a better deal? (Part II) 
Technician - Oct 02 10:18 PM
A few weeks ago we briefly looked into the economics of the tuition and fee process, and how increases in the total cost of attendance relative to peer institutions force the Administration to improve N.C. State’s academic standing in order to continue attracting top-quality students.Save to My Web

Fitch Rates Midwestern University Foundation’s Education Loan Revenue Bonds 
[Press Release] Business Wire via Yahoo! Finance - Oct 06 12:51 PM
Fitch rates the following student loan revenue bonds issued by Midwestern University Foundation:Save to My Web

U.S. Stocks Give Back Early Gains, Dow Falls on Rate Concern 
Bloomberg.com - Oct 03 2:06 PM
Oct. 3 (Bloomberg) — U.S. stocks failed to sustain early gains as investors read evidence of a pickup in manufacturing and raw-material prices as a sign the Federal Reserve won’t stop raising interest rates any time soon.Save to My Web

Debt puts off student entrepreneurs

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Debt puts off student entrepreneurs
Europinions Fiinance Articles, UK - Oct 5, 2005 With the recent introduction of top-up fees, and the increasing need for student loans, the nation's young adults are finding that the cost of higher education

After losing jobs and home, men hit the road
Olney Daily Mail, IL - Oct 6, 2005 They sold everything they owned and they both have some debts, including student loans, which they said will eventually get paid.

Loans to help povery-stricken students
???, China - Sep 15, 2005 support her. Liu Yu says she was excited when she was told that her financial problem can be solved by getting student loans. "When

October 7, 2005

The Marvin Companies Creates New Consumer Credit Program 

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The Marvin Companies Creates New Consumer Credit Program 
[Press Release] Business Wire via Yahoo! Finance - Sep 18 11:00 AM
The Retail Sales Finance unit of GE Consumer Finance has announced a multi-year agreement with The Marvin Companies to provide private label credit card financing for all of the Marvin Companies’ product line.Save to My Web

Price Of Natural Gas Skyrockets 
WFTV 9 Orlando - Sep 29 6:05 AM
There may be more trouble in store. Along with the spike in gasoline, natural gas prices have also risen sharply.Save to My Web

is rising 
Northwest Herald - Sep 28 11:48 PM
The percentage of overdue U.S. credit-card accounts jumped to a record in the second quarter as gasoline prices surged, the American Bankers Association said.Save to My Web

Search the Archives 
Nashua Telegraph - Sep 13 5:03 AM
You are not logged in. WASHINGTON An estimated 10,000 workers who lost their jobs because of Hurricane Katrina filed for unemployment benefits last week, the first wave of what is expected to be hundreds of thousands of displaced workers seeking benefits.Save to My Web

Credit Card loan deliquencies hit record 
MENAFN - Sep 28 9:05 AM
Credit Card loan deliquencies hit recordSave to My Web

(AFX UK Focus) 2005-10-07 20:16 GMT: U.S. Aug. consumer credit rises $4.9 billion 
Interactive Investor - 35 minutes ago
WASHINGTON (AFX) — U.S. outstanding consumer credit increased at a 2.7% annual rate in August, the Federal Reserve said Friday.Save to My Web

Centrix blames stricter rules for layoffs

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Centrix blames stricter rules for layoffs
Rocky Mountain News, CO - Sep 19, 2005 Company executives are meeting weekly with NCUA representatives to work out their issues. "Credit unions are obviously leaders in providing auto loans to their

NowAuto Group Announces New Ticker Symbol
Telematics Journal, NY - Sep 12, 2005 NowAuto offers no credit check auto loans and is the largest independent volume used car dealership in Arizona with its wholly owned subsidiary Sunburst Car

PNB ties with NIA for free insurance cover on retail loans
Newindpress, India - Oct 5, 2005 The scheme is available for home loans, auto loans, personal loans, education loans, loans to traders, doctors, advance against gold, pensioners, and future

October 6, 2005

PRESS RELEASE: GE Unit Buys Keppel Bk Philippines

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PRESS RELEASE: GE Unit Buys Keppel Bk Philippines
Yahoo! News - Oct 3, 2005 Keppel has 30 branches and provides a broad range of banking and financial services, including deposits, personal loans, mortgages, auto loans and credit cards

Wachovia to buy 2 auto lenders for $4 bln
Reuters - Sep 12, 2005 This year it agreed to buy KeyCorp's (KEY.N: Quote, Profile, Research) prime indirect automobile loan portfolio and $55 billion of auto loans and leases from

Wachovia Agrees to Buy Westcorp, WFS for $3.91 Bln (Update4)
Bloomberg - Sep 12, 2005 The expansion in auto loans would give Charlotte, North Carolina-based Wachovia, the fourth-largest US bank, an alternative investment to mortgages as rising

S1 Postilion Driving National Bank of Dubai ATM Network
PR Newswire (press release), NY - Sep 26, 2005 Along with supplying customers with a variety of exclusive service based products, secured facilities, personal loans, auto loans and home loans, the National

Wachovia to buy California lender
International Herald Tribune, France - Sep 12, 2005 This year it agreed to buy KeyCorp's prime indirect automobile loan portfolio and $55 billion of auto loans and leases from General Motors Acceptance Corp

Ford credit pursuing diverse funding under rating cloud
MarketWatch - Sep 8, 2005 Appetite for securities backed by auto loans has remained strong despite the ratings woes of Ford and rival General Motors Corp.

Getting Back on Track (With a Few Derailments)
New York Times, United States - Sep 16, 2005 Wachovia, the big bank, offered $3.4 billion for Westcorp, an independent maker of auto loans, and eBay, the online auction house, snapped up the Internet

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