As student default rates rise in the current recession, new administration legislation that will allow all student loans to be funded directly by the federal government, may make the burden easier. (Daily Pennsylvanian)
BY FELICE BAKER – MEDILL NEWS SERVICE
The Obama administration is one step closer [...]
BY CECI RODGERS
Some 20 years as a financial reporter and in my third year as an instructor at Northwestern University’s Medill School of Journalism, you’d think I’d have a lot to say about the credit crisis and the government’s financial bailout.
Actually, I do, and so does my former business/economics reporting student Holly Fox. But [...]
BY HOLLY FOX, MEDILL NEWS SERVICE
How do you pay for college?
That was the subject of a new study released yesterday by Sallie Mae. The survey, conducted by Gallup, covered parents’ and students’ use of different funding sources as well as some of their attitudes toward the [...]
BY HOLLY FOX, MEDILL NEWS SERVICE
President Bush signed a bill today that should prevent future cases of some of the lending abuses in the student loan industry uncovered by New York State Attorney General Andrew M. Cuomo in 2007.
The Higher Education Opportunity Act of 2008 [...]
BY HOLLY FOX, MEDILL NEWS SERVICE
Credit crunch or echo chamber? That’s what Inside Higher Ed asked today about the supposed student loan crunch. The Wall Street Journal worried about it on Monday and I
BY HOLLY FOX, MEDILL NEWS SERVICE
There’s been a lot of talk lately about the heavy hand the government has taken in response to the bursting housing bubble and the credit crunch. Two weeks ago, in an opinion piece about the bailout of U.S. mortgage giants Freddie Mac and [...]
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