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Despite Scrutiny of For-Profits, Crucial Questions Are Unanswered
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Thu, 02 Sep 2010 20:14:33 -0700
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A recent Chicago forum on for-profit colleges made pertinent points about the state of American eduction but ignored some important issues.
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EverFi Raises $11 Million For Financial Literacy Education Application
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Thu, 02 Sep 2010 09:20:21 -0700
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Washington D.C.-based startup EverFi has just raised $11 million in Series A funding from New Enterprise Associates (NEA), with participation from TomorrowVentures and independent investors including Michael Chasen, the CEO of Blackboard. EverFi has created a SaaS application for schools to help educate young adults on financial literacy, student loan default prevention, filing taxes, credit ...
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Fitch Takes Various Rating Actions on College Loan Corporation Trust 2005-2
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Mon, 30 Aug 2010 11:35:23 -0700
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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the senior student loan notes and downgraded the subordinate note issued by College Loan Corporation Trust 2005-2. The Rating Outlook is Stable. A full ratings list is shown below. The ratings on the senior notes are affirmed based on the sufficient level of credit enhancement (consisting of overcollateralization, subordination and the ...
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Marilla Payment to Fire Company Draws Scrutiny
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Thu, 02 Sep 2010 13:17:58 -0700
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A New York State audit of the Town of Marilla's internal controls on finances found that the town had several problems with documenting vouchers and bidding for services during the last two years. The report also cited the town for an improper payment to the Marilla Fire Company.
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Fitch Affirms South Carolina Student Loan Corporation (SCSLC) 2008 General Resolution
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Fri, 27 Aug 2010 10:05:28 -0700
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NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the senior student loan notes at 'AAAsf' issued by South Carolina Student Loan Corporation (SCSLC) 2008 General Resolution. Stable Outlooks are assigned to all bonds. Fitch used its Global Structured Finance Rating Criteria and FFELP student loan ABS rating criteria, as well as the refined basis risk criteria outlined in Fitch's June 29 press ...
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Sallie Mae Encourages Parents to Make a Commitment to Save for College During September’s National College Savings Month
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Thu, 02 Sep 2010 08:19:25 -0700
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RESTON, Va--(BUSINESS WIRE)--As children head back to school, Sallie Mae urges parents to use these tips and tools to get back to saving for their child’s college education during September’s National College Savings Month
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Fitch Affirms South Carolina Student Loan Corporation (SCSLC) 1996 General Resolution
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Fri, 27 Aug 2010 11:00:00 -0700
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NEW YORK----Fitch Ratings affirms the senior student loan notes at 'AAAsf' issued by South Carolina Student Loan Corporation 1996 General Resolution. Stable Outlooks are assigned to all bonds.
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Fitch Affirms South Carolina Student Loan Corporation (SCSLC) 2008 General Resolution
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Fri, 27 Aug 2010 09:51:00 -0700
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NEW YORK----Fitch Ratings affirms the senior student loan notes at 'AAAsf' issued by South Carolina Student Loan Corporation 2008 General Resolution. Stable Outlooks are assigned to all bonds.
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USDA Rural Development Under Secretary Tonsager Announces Recipients of Rural Business Enterprise Grants
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Wed, 01 Sep 2010 10:35:47 -0700
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Poarch Band of Creek Indians - $58,831 grant to establish a revolving loan fund to assist tribal members who own small and emerging businesses within Escambia, Monroe, Baldwin, and Mobile counties in Alabama and Escambia County in Florida. Project will create 14 jobs.
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Fitch Affirms South Carolina Student Loan Corporation (SCSLC) 1996 General Resolution
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Fri, 27 Aug 2010 11:05:47 -0700
)
NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the senior student loan notes at 'AAAsf' issued by South Carolina Student Loan Corporation (SCSLC) 1996 General Resolution. Stable Outlooks are assigned to all bonds. Fitch used its Global Structured Finance Rating Criteria and FFELP student loan ABS rating criteria, as well as the refined basis risk criteria outlined in Fitch's June 29 press ...
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