Proposed Cuts Could Lead Lenders to Eliminate Money-Saving Discounts on Federal Student Loans (Marketwire via Yahoo! Finance)
Of course interest payments is tax deductible, but they need to be made out of your income. Therefore the lending agency requires a revenue model or you’re past bank statements. They also require your credit rating. This will prove to them whether you are good investment for them or not.
Proposed Cuts Could Lead Lenders to Eliminate Money-Saving Discounts on Federal Student Loans (Marketwire via Yahoo! Finance)
Last month, the Senate passed a version of the College Cost Reduction Act of 2007, which would cut $19 billion in government subsidies for student loans.
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Borrowers Who Apply to Consolidate With NextStudent by August 31, 2007 Could Lower Student Loan Payments by up to 60% (Marketwire via Yahoo! Finance)
NextStudent, a leading Phoenix-based education funding company, currently offers its borrowers substantial interest rate discounts on federal education loans, including Stafford, PLUS, Grad PLUS, and Federal Consolidation Loans.
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Hedge Fund Hit Man Hired by Cohen, Loeb, Sender, Says Insurer (Bloomberg.com)
Aug. 24 (Bloomberg) -- One morning in 2005, an unusual letter arrived for Rev. Barry Parker at St. Paul's Anglican church in Toronto. The news: A member of his flock was out to swindle the parish.
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Poland Riles Capitalists in $4 Billion IPOs Communists May Love (Bloomberg.com)
Aug. 24 (Bloomberg) -- For Jacek and Anna Lesko, Poland's new found capitalism is only skin deep.
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College Graduates Earn $1.2M More With Degree Despite Higher Cost of Education (Marketwire via Yahoo! Finance)
While the cost of a higher education degree continues to rise, new research from the National Association of Student Financial Aid Administrators demonstrates that graduates of higher education earn vastly more than high school graduates, making even significant investments in the cost of a college or graduate degree worthwhile.
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Lehman Brothers (IWon - Money)
(LEH 57.05 -0.49) has shuttered its BNC Mortgage LLC unit, affecting 1200 jobs and resulting in a $25 mln charge.
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Press ahead (Financial Times)
On an April morning, Brian Tierney wakes up in his Atlantic City hotel room, puts on his pinstripe suit and cufflinks and prepares to persuade some casino owners that the best way to get the gamblers through their doors is to advertise in his newspaper.
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Republic of Botswana: Tautona Times No 28, 2007 (Scoop.co.nz)
"Our current level of implementation, however, falls short of the commitments we have made. This is the challenge with which I must leave you - in particular the challenge of fully realizing our timetable for regional integration."
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Plan now to pay bills and reduce debt (The Scranton Times-Tribune)
With gas and food prices rising, many families are having difficulty in making ends meet. If you are struggling to pay bills, take time to organize them and develop a plan for reducing the amount you owe. To get you started, consider these tips from Louisiana State University AgCenter family economist, Dr. Jeanette Tucker.
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Navigating the World of Student Loans (Time Magazine)
Amid widespread misconduct in the student-loan industry, college kids are learning about private lending the hard way
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Proposed Cuts Could Lead Lenders to Eliminate Money-Saving Discounts on Federal Student Loans (Marketwire via Yahoo! Finance)
There are credit counseling agencies that will do this work for you. Most of them (though not all) will charge you a small fee, but they are professionals and know what to say to get your debt reduced.
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