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| Latest Student Loan News |
Feds ease student loan process
Although many students face the difficulty of paying back loans, acquiring loans in the first place is now becoming a pressing issue. As a result, the US Department of Education is getting involved to make loans easier to secure by purchasing Federal Family Education Loan Program Loans (FFELP).
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Student debt levels portend rising loan default rates
Not long ago, Dan Brown and his roommate headed from San Francisco to Las Vegas. They were aiming to win big so they could pay off their student loans.
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Student-loan consolidation choices shrink
Kari Schoeneweis will face more than $60,000 in student loan debt when she graduates from Carlow University in spring.
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eLearners.com Offers Comprehensive List of Loan Forgiveness Programs
As the recession causes cutbacks across the nation, many working adults are now ducking corporate downsizing by returning to school. A recent survey of visitors to eLearners.com, a web resource of EducationDynamics, found that 42 percent of online education-seekers plan to take out a loan to pay for this return to student status. Amid economic uncertainty, many of these new learners may wonder ...
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Nissan Motor to Sell $500 Million in Auto Loan Bonds (Update2)
Dec. 1 (Bloomberg) -- Nissan Motor Co. ’s finance unit plans to raise $500 million in the first sale of U.S. auto-loan bonds since U.S. Treasury Secretary Henry Paulson said the government would shift the focus of his financial-industry rescue package toward bolstering investment in consumer debt.
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Student Lender Rally May Be Brief
Student lenders will benefit from a government program, but legislators and schools want to see the government take more of a role in financing education.
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Options for Reducing Student Loan Debt
When she graduates from Columbia University next year with a master's degree in public health, Erin Wheeler is hoping to get a job in international reproductive health.
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Critics say latest bailout shouldn't help private student lenders
Student advocacy groups are urging the Treasury Department to prevent a new $200 billion consumer lending program from benefiting private student lenders, which they say are largely unregulated and prey on students with risky, high-interest loans.
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