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Lasell College agrees to settle lender gift allegations
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Fri, 03 Sep 2010 05:22:04 -0700
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Lasell College agreed to pay more than $191,000 to students to settle allegations it steered student loan applicants to Citizens Bank after the lender showered the school's financial aid officers with free trips to sunny resorts and other gifts. Student loan - Student financial aid - Education - Lasell College - Loan
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How financial reform will work
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Thu, 02 Sep 2010 09:25:25 -0700
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Almost two years after the near collapse of the U.S. financial system, a sweeping reform package has finally been signed into law. Now the real work begins.
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Today in Globe Business
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Fri, 03 Sep 2010 03:20:36 -0700
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A sample of Business stories from today's Globe. Business - Asia - Arts - Magnet - China
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Free money isn't free: Scholarship-dependent students put on waiting list
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Wed, 01 Sep 2010 19:20:08 -0700
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Paying for college in Missouri became even more difficult this summer when Governor Jay Nixon announced two major budget cuts for higher education. Nixon decreased the Missouri Access grant funding by $50 million in July. Students who qualify for the grant will receive nearly $2,000 less per year if they attend a public university and almost $3,000 less per year if they attend a private ...
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Tips for First-Time Home Buyers
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Wed, 01 Sep 2010 12:23:12 -0700
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Some new programs are making things easier for first-time home buyers. Here's a guide.
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The New Consumer Bureau: a To-Do List
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Mon, 30 Aug 2010 13:14:04 -0700
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The bureau should zero in on a few specific thingsincluding credit reports and student loansif it wants to make a splash right away.
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More microfinance IPOs in the offing
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Mon, 30 Aug 2010 15:25:11 -0700
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Akula may be much celebrated, but he is not alone. There are dozens of MFI success stories, all of whom have surfaced over the last five-seven years, with a common mandate to "eradicate poverty", profitably. With a turnaround time for MFIs at one or two years, competition among the top few MFIs is intensifying to attract equity investments. Interestingly, with barely 15 per cent of rural ...
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Private Student Loans Are Making a Comeback
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Wed, 25 Aug 2010 02:44:25 -0700
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More private lenders offer student loans, but borrowers should be cautious.
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Student loan process reform to take effect at UT this fall
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Thu, 26 Aug 2010 02:01:56 -0700
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An overhaul of the federal student loan process that passed the U.S. Congress in March is finally taking effect on the UT campus this fall. The reform, which increases federal funding for financial aid programs, converts all federal loans to the Direct Loan Program, slashing the once-prominent role of private banks and institutions in distributing student loans. This semester, students won’t ...
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After SKS success, more microfinance public issues are on the horizon
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Mon, 30 Aug 2010 11:38:34 -0700
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It was merely a coincidence that the year after C K Prahalad’s bestseller, The Fortune at the Bottom of the Pyramid: Eradicating Poverty through Profits (2004), that Vikram Akula returned to SKS Microfinance, leaving a consultancy job at McKinsey & Company in Chicago that he took a year earlier.
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