MOHELA suspends private lending, loan consolidation (BizJournals)
The Missouri Higher Education Loan Authority (MOHELA), Missouri's student loan agency, has suspended its loan consolidation and private lending services as the market for auction-rate securities backed by student loan debt continues to dry up. The changes could make it more difficult and expensive for Missouri students to finance their college educations.
Student Loan Forgiveness (Washington Post)
I read in your column that under a new federal law, college students in teacher-prep programs are eligible for annual grants of $4,000 to help cover college costs. My daughter is studying to be a teacher, so obviously I'm very interested in this grant. How can she apply?
Student Loan Forgiveness (KiplingerForecasts.com)
A new law lends a helping hand to teachers and other public servants. Find out what it takes to qualify and how to apply.
Students find limits of school loans in interest rates (Jambar)
College grads face a lower chance of unemployment than high school graduates, and earn an average $1.5 million more during their careers, according to the Sallie Mae Web site.
TD Bank Financial Group Delivers Solid Results for the First Quarter of 2008; Raises Dividend (PR Newswire via Yahoo! Finance)
Reported diluted earnings per share were $1.33, compared with
CIBC announces first quarter 2008 results (CNW Group via Yahoo! Finance)
CIBC announced a net loss of $1,456 million for the first quarter ended January 31, 2008, compared with net income of $770 million for the same period last year. Diluted loss per share was $4.39, compared with $2.11 diluted earnings per share a year ago.
TD Bank Financial Group Delivers Solid Results for the First Quarter of 2008; Raises Dividend (CNW Group via Yahoo! Finance)
TD Bank Financial Group today announced its financial results for the first quarter ended January 31, 2008. Overall results for the quarter reflect solid contributions from each of TDBFG's four business lines.
INDUSTRY & ECONOMY (The Hindu)
MBA student bags Rs 1-cr job An MBA student from a Kerala Management School has bagged the all time high salary of Rs1 crore from an overseas employer. The student Mr Nair Shyamkumar Haridas, who has done his MBA from Holy Grace Academy of Management Studies, Mala has been ...
Tips for finding funding as credit crunch squeezes student loans (MENAFN)
Tips for finding funding as credit crunch squeezes student loans
Credit crisis squeezes Iowa Student Loan (The Des Moines Register)
Iowa Student Loan Liquidity Corp., a key funding source for more than 68,500 students, says the nation’s credit crunch has left it unable to properly fund loans for 2008-09.