Student Loan News

Student Loan Debt Could Be The Next Financial Crisis

Posted on 27. Feb, 2012 by admin.

1

There’s no doubt that we’re all still a little sensitive when it comes to the economy. Although it’s been nearly four years since the start of, what we now call, The Great Recession, the world still hasn’t let down its guard.The new warning making its way through the financial media is the rising student loan [...]

Continue Reading

Doctors of Chiropractic eligible for IHS student loan repayment program

Posted on 02. Feb, 2012 by admin.

1

February 1, 2012 — The American Chiropractic Association (ACA) announced that doctors of chiropractic are now eligible to apply for a student loan repayment program administered by the Indian Health Service (IHS), an agency of the U.S. Department of Health and Human Services (HHS). IHS provides healthcare to approximately 2 million American Indians and Alaska [...]

Continue Reading

Editorial – Obama must address student loan debt

Posted on 31. Jan, 2012 by admin.

1

College students across America are leaving their institutions with tens of thousands of dollars in debt and not always with a full-time job to begin paying off those loans. President Barack Obama said during a speech at the University of Michigan Friday he plans to make college education more accessible, among his plans for economic [...]

Continue Reading

Paying off a student loan? New federal program may help

Posted on 29. Jan, 2012 by admin.

1

Raleigh, N.C. — People trying to pay off student loans might be able to save a little money, thanks to a new loan consolidation program sponsored by the federal government. The U.S. Department of Education is sending letters to those eligible for the Special Direct Consolidation Loans. Those who do get a letter will need [...]

Continue Reading

Fitch Rates South Texas Higher Education Authority, Inc., Series 2012-1

Posted on 27. Jan, 2012 by admin.

2

NEW YORK, Jan 26, 2012 (BUSINESS WIRE) — Fitch Ratings has assigned the following ratings to South Texas Higher Education Authority Inc., student loan backed bonds series 2012-1 (taxable floating rate bonds): –$ 129,450,000 student loan backed bonds, series 2012-1 A-1 ‘AAAsf’; Outlook Negative; –$ 64,730,000 student loan backed bonds, series 2012-1 A-2 ‘AAAsf’; Outlook [...]

Continue Reading

10 Student Loan Reform Leaders: #1 President Obama, Three Others, Then…Me?

Posted on 25. Jan, 2012 by admin.

1

10 Student Loan Reform Leaders: #1 President Obama, Three Others, Then…Me? Posted January 24th 5:50pm by Cryn Johannsen Tags: Cryn Johannsen, Education, President Obama, reform, Student Loan Debt, Student Loans It’s not everyday you wind up on a list of leaders with President Barack Obama. But I just discovered that to be the case today, [...]

Continue Reading

Students need to be more aware of alternatives to student loans

Posted on 23. Jan, 2012 by admin.

0

Michigan has the 11th-highest student debt load in the country. In 2010, the average student with a bachelors degree graduated with $ 25,675 debt from student loans. In the 2009-10 academic year, the annual amount of loans taken out by college students reached $ 1.8 billion, a 49 percent increase from 2007. That same year, [...]

Continue Reading

Fitch Comments on Nelnet 2002-2 Rating Agency Notification

Posted on 21. Jan, 2012 by admin.

2

NEW YORK, Jan 20, 2012 (BUSINESS WIRE) — Fitch Ratings currently maintains ‘AAAsf’; Outlook Negative ratings on the outstanding senior and subordinate notes issued by Nelnet Student Loan Trust 2002-2 (the notes). This transaction benefits from an interest rate cap provided by JPMorgan Chase and Morgan Stanley, each covering 50% of the outstanding class B [...]

Continue Reading

A Sweet 16 to Build a Strong Middle Class

Posted on 19. Jan, 2012 by admin.

2

Policies to Strengthen the Foundation of Our Economy SOURCE: AP/Geoff Crimmins An unidentified University of Idaho student studies at the Teaching and Learning Center on campus in Moscow, Idaho. Policies to help bolser the middle class include rewarding students who work their way through college, awarding students college credit for proven knowledge, and connecting student [...]

Continue Reading

Former employee, Nelnet agree to drop lawsuits that stem from failed whistle …

Posted on 17. Jan, 2012 by admin.

2

LINCOLN, Neb. — A former employee and a Lincoln-based student loan company have dropped lawsuits against each other. Lawyers for Nelnet and Rudy Vigil filed for a dismissal that was approved last week in U.S. District Court, according to the Lincoln Journal Star (http://bit.ly/yJV4mM) The settlement didn’t include any financial provisions and stipulated that Nelnet [...]