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The Gloves Are Coming Off...
4 hours ago ago from Student Lending Analytics Blog
Secretary Duncan's scheduled hearing with the House Committee on Education and Labor has been postponed but his prepared comments appear to have made it over to the Washington Post : Working Americans pay while bankers get rich, Duncan said in a prepared statement. Sallie Mae executives have paid themselves hundreds of millions of dollars in the last decade while teachers, nurses, and scientists -- the backbone of the new economy -- face ...
Related contentInternational Student Loans Explained
8 hours ago ago from finweb.com
There are a number of international student loans available if you want to study in the United States, or if you are an American student who wants to study abroad. Students who are not citizens of the United States, or are non-citizen permanent residents generally do not qualify for federal student loans, but they can take out private ones. International Students Borrowers are generally required to have a credit-worthy cosigner who is a ...
Related contentDuncan Criticizes Sallie Mae, Banks - Washington Wire - WSJ
7 hours ago ago from Washington Wire - WSJ
By Neil King The Obama administration is widening its criticism of the banking industry, this time taking aim at lenders who oppose its campaign to overhaul the student loan business. The overhaul effort, proposed by the White House last spring but now held up in the Senate, would eliminate all loan subsidies to private lenders and have the federal government issue all low-interest loans directly to students. The nonpartisan ...
Related contentWhite House Takes Aim At Lobbyists Trying To Sink Student-Loan Bill
2 hours ago ago from My Hot Topics
The Obama administration has launched a final push to get one of the president's signature education reform initiatives, lashing out in unusually strong terms at the lobbying effort that threatens its passage. Taking aim at Sallie Mae, the largest student lender in the country and a driving force behind the lobbying effort, Education Secretary Arne Duncan on Tuesday accused the company of using taxpayer funds to lobby and advertise, and ...
Related contentStudent Loan Consolidation Walkthrough
8 hours ago ago from Austin Apartment Homes
If you are a current or former student with school loans, you have probably been bombarded with mailed and online solicitations to consolidate your debt. The loan application process can seem overwhelming, particularly if you have more than a couple of loans issued from a number of lenders. However, it is generally simple and straightforward if you are prepared. Here is a brief overview of what you can expect when you decide to consolidate ...
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