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Feds block Schwarzenegger's plan to sell EdFund
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Fri, 30 Jul 2010 18:27:31 -0700
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SACRAMENTO, Calif. (AP) Federal officials are blocking Gov. Arnold Schwarzenegger's plan to sell the state's student loan guarantee operation to help fill California's deficit. Schwarzenegger had hoped to sell the nonprofit EdFund for as much as $1 billion to help fill the state's $19 billion hole. But in a letter obtained Friday, the U.S. Department of Education says the federal government ...
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Feds block Schwarzenegger's plan to sell EdFund
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Fri, 30 Jul 2010 18:25:42 -0700
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Associated Press - July 30, 2010 9:14 PM ET SACRAMENTO, Calif. (AP) - Federal officials are blocking Gov. Arnold Schwarzenegger's plan to sell the state's student loan guarantee operation to...
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Subprime Colleges, Revisited
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Fri, 30 Jul 2010 08:27:38 -0700
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The Senate will hold its second committee hearing next Wednesday on the status of for-profit education in the United States. Enrollment at for-profit colleges and trade schools has tripled in the last decade to about 1.8 million, or nearly 10 percent of the nations higher education students.
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U.S. vows to block California's sale of EdFund
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Sat, 31 Jul 2010 00:01:58 -0700
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In these dismal economic times, Gov. Arnold Schwarzenegger has likened selling state assets to holding a garage sale to pay bills.
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Some people can't get credit? Good!
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Fri, 30 Jul 2010 16:32:38 -0700
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Credit is a useful financial tool -- when it is extended and used responsibly. But given too freely, credit can wreak havoc on the whole economy. Where's the line?
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Meet the candidates: U.S. Congress, 1st District
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Fri, 30 Jul 2010 10:53:50 -0700
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What's the job? At stake is a two-year term as a representative in the U.S. House of Representatives. The 1st Congressional District covers south Snohomish County and parts of King and Kitsap counties. It includes the cities of Monroe, Mill Creek, Lynnwood, Edmonds and Mountlake Terrace.
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Sallie Mae to Go on the Chopping Block?
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Wed, 28 Jul 2010 04:42:38 -0700
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Is Sallie Mae headed for a break-up? According to The New York Post the student lender hired Goldman Sachs to advise on a sale or spinoff of its student-loan servicing business and its $145 billion government-subsidized loan portfolio.
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Undocumented students help peers navigate college
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Fri, 30 Jul 2010 01:14:20 -0700
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The path to college can seem impossible for teenagers who grow up here as illegal immigrants.
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Sallie Mae's Options May Be Limited
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Thu, 29 Jul 2010 14:28:27 -0700
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Sallie Mae is reportedly mulling its strategic options, and at least one analyst thinks spin-offs are more realistic than an acquisition.
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Student loans undergo more serious changes
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Sun, 25 Jul 2010 21:04:59 -0700
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Every year on July 1, with summer in full swing and fall tuition payments on the horizon, interest rates on federal student loans reset. But this year, along with rate decreases on some loan types, came major changes to the way students will borrow money in the coming years.
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