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Fitch Affirms National Collegiate Trust 1999 CP-1; Assigns Negative Outlook
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Fri, 30 Jul 2010 11:53:53 -0700
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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the outstanding rating on the note issued by National Collegiate Trust (NCT) 1999 CP-1. The Rating Outlook is Negative. Fitch's Global Structured Finance Rating Criteria and Private Student Loan Asset-Backed Securities (ABS) Criteria are applied for the review of the rating of the note and the affirmation follows a review of the collateral ...
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House ag committee approves Smith's veterinarian shortage bill
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Fri, 30 Jul 2010 23:14:51 -0700
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When it comes to cattle, Nebraska is a leader among states with the second highest number of cattle (6.25 million head) and the nation's leading cattle slaughter (6.72 million head) in 2009. Cash receipts for cattle in Nebraska last year was more than $7 billion.
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Cochran co-sponsors bill backing rural practices
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Thu, 29 Jul 2010 04:30:31 -0700
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WASHINGTON Sen. Thad Cochran (R-Miss.) has affirmed his support for legislation to encourage more veterinarians to practice in rural areas by exempting a loan repayment program from federal taxes.
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Higher Education Overhaul Moves Forward
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Wed, 28 Jul 2010 20:22:48 -0700
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By: DAVIN SURIN As the nation watched Washington duke it out over the healthcare reform bill, one of the most significant pieces of higher education legislation to pass in years was overshadowed....
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For-Profit Colleges Rise as U.S. Eases Rule Proposal
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Fri, 23 Jul 2010 13:34:32 -0700
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Apollo Group Inc. and Education Management Corp. helped drive a rally by for-profit colleges after the U.S. government relaxed a proposal governing the industrys access to federal student aid.
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For-Profit College Subsidies Linked to Performance Guidelines
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Fri, 23 Jul 2010 03:05:27 -0700
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The Obama administration released a proposal that would tighten for-profit colleges access to federal student aid, threatening growth in the industry that received $26.5 billion in U.S. funds last year.
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Obama Cracks Down on For-Profit Colleges, Links Loans to Income
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Thu, 22 Jul 2010 22:04:42 -0700
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The Obama administration released a proposal that would tighten for-profit colleges access to federal student aid, threatening growth in the industry that receives $26.5 billion in U.S. funds last year.
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Wells Fargo Reports Net Income of $3.06 Billion; Up 20% From Prior Quarter
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Wed, 21 Jul 2010 05:00:00 -0700
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SAN FRANCISCO----Wells Fargo & Company : Strong growth across the franchise -- Net income of $3.06 billion, up 20 percent, or $515 million, from prior quarter -- Net income applicable to common stock up 21 percent from prior quarter to a record $2.88 billion -- Diluted earnings per common share of $0.55 -- Revenue of $21.4 billion, same as first quarter; pre-tax pre-provision profit1 of $8.6 ...
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New Laws Effective January 1, 2010
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Tue, 20 Jul 2010 19:33:31 -0700
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The following legislation will take effect beginning Jan. 1, 2010.
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Taming the Wild West of student lending
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Tue, 20 Jul 2010 03:54:21 -0700
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Last week, Congress finally passed a major financial services reform bill.
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