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Fitch Publishes Second Quarter Edition of The Student Loan Report Card
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Fri, 30 Jul 2010 13:53:41 -0700
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NEW YORK--(BUSINESS WIRE)--June 30th was a significant day for the student loan industry. On this day, the Federal Family Education Loan Program (FFELP) was officially terminated 45 years after its creation by the Higher Education Act of 1965, and the Straight-A Funding (Straight-A) asset-backed commercial paper conduit also expired. According to Fitch Ratings's latest edition of 'The Student ...
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Changes to make federal student loan processing faster
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Fri, 30 Jul 2010 00:13:56 -0700
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For college students looking to apply for federal financial aid, the process of securing a federal loan this school year will be faster and more streamlined, but despite big changes in how the U.S. government runs the program, impacts on students should be minor, financial aid officials at colleges here say.
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Feds block Schwarzenegger's plan to sell EdFund
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Sat, 31 Jul 2010 21:15:58 -0700
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Federal officials are blocking Gov. Arnold Schwarzenegger's plan to sell the state's student loan guarantee operation to help fill California's deficit.
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Capitol Alert: Federal government blocks EdFund sale, terminates operation
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Fri, 30 Jul 2010 12:01:07 -0700
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The U.S. Department of Education has blocked California's attempt to sell its student-loan guarantor, EdFund, and plans to sever ties with the Rancho Cordova-based operation by October, according to a letters obtained by The Bee.
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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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Fitch Affirms Higher Education Loan Auth of the State of Missouri Sr 2008A Bonds; Assigns Outlook
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Fri, 30 Jul 2010 12:24:32 -0700
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NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the senior student loan revenue bonds, series 2008A of Higher Education Loan Authority of the State of Missouri (MOHELA) issued under the 2008 Trust Indenture and First Supplemental Indenture, dated October 1, 2008. The Rating Outlook is Stable. The ratings of the bonds are based on the support provided by a direct-pay letter of credit (LOC ...
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Fitch Affirms Higher Education Loan Auth of the State of Missouri Sr 2008A Bonds; Assigns Outlook
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Fri, 30 Jul 2010 12:19:00 -0700
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NEW YORK----Fitch Ratings affirms the senior student loan revenue bonds, series 2008A of Higher Education Loan Authority of the State of Missouri issued under the 2008 Trust Indenture and First Supplemental Indenture, dated October 1, 2008.
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Richmond developer at center of dispute
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Sat, 31 Jul 2010 21:19:29 -0700
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Developer Justin G. French went from declaring bankruptcy days after leaving federal prison to dealing in millions of dollars in Richmond properties. During French's 13 years in Richmond, his business associations have included Donald C. Lacey, who pleaded guilty this year to a real estate Ponzi scheme, and some of ...
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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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Love, Marriage and Student Loans
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Thu, 29 Jul 2010 07:44:27 -0700
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A change in the Income Based Repayment program should give married couples some relief from burdensome student loan debt payments. Student loan - Debt - Financial services - Business - College Financing
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