FAP860: Brazos, Northstar, and PHEAA exit student lending

FAP860: Brazos, Northstar, and PHEAA exit student lending Listen now: Student Financial Aid News + NASFAA and Bond Buyer: “Three of the largest nonprofit student loan lenders have temporarily withdrawn from lending in the Federal Family Education Loan program despite a high-profile plan by the Department of Education designed to assist non-bank lenders in financing student loans,” The Bond Buyer reports. “Brazos Higher Education Service Corp., NorthStar Education Finance Inc., and the Penns

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FAP858: FAFSA changes for 2009, record FAFSA applications

FAP858: FAFSA changes for 2009, record FAFSA applications Listen now: Student Financial Aid News + SF Chronicle: Record numbers of college students are lining up for financial aid - and asking for more of it - as the nation’s economic woes hit campuses across the country. Nationally, 8.9 million students filed federal student aid forms during the first half of 2008, a 16.3 percent increase over the same period last year. + “What we are seeing is more people filling out requests for financi

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Charles Brandes Buys Wachovia Corp., Bank of America Corp., Fidelity National Financial Inc., Sells BankUnited … (Guru Focus)

Billionaire investor Charles Brandes has added significantly to his positions in financials. Is he seeing that things are tuning around? These are his buys and sells during the second quarter. Charles Brandes owns 201 stocks with a total value of $34.8 billion.

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UBS pushed to back NH student loans (New Hampshire Union Leader)

The New Hampshire Higher Education Loan Corp. said yesterday it is seeking a letter of credit from UBS to use for student loans this fall.

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FAP854: Student loans becoming less available?

Image via Wikipedia FAP854: Student loans becoming less available? Listen now: Student Financial Aid News + KCCI: As families continue to deal with rising costs at many colleges, some said that they’re finding student loans harder to come by. Iowa Student Loan CEO Steve McCullough said that many middle-class families are paying higher interest rates on those loans or even finding out that they don’t qualify for them. + “There’s actually a scarcity of funds to make loans, and we’ve never en

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