For modest earners, new program will help ease burden of repaying hefty student loansNEW YORK — Repaying a student loan could soon be a little less painful. Economy, university tuitions prompt more college students to move to schools closer to homeSEATTLE — A few months ago, Rebecca Gottlieb faced a difficult choice: continue on at her $50,000-a-year private school in Massachusetts, or leave her new friends and life and enroll at a cheaper school near home in Washington. Obama would shorten aid form, put college within reach of more studentsWASHINGTON — The Obama administration plans to simplify the federal college aid form, which at 153 questions drives millions of families to give up before they finish it. Out of Africa and back: Senegal hoop star returns home after 14 years, tries to mentor youthDAKAR, Senegal — He moves across the sand-specked basketball court swathed in the glossy dark blue jersey of his old Japanese pro team, a keepsake from a career that propelled him around the world. Out of Africa and back: Senegal basketball star returns as mentor and businessmanDAKAR, Senegal — He moves across the sand-specked basketball court swathed in the glossy dark blue jersey of his old Japanese pro team, a keepsake from a career that propelled him around the world. AP ENTERPRISE: Hundreds of Africans turn to US hoop teams in hopes of a better lifeMARIETTA, Ga. — Growing up in Nigeria, Robert Ojeah fretted over the demands of everyday life, the sort of things that shouldn’t be a burden to a child. Sallie Mae shares rise after student lender awarded 5-year government loan-servicing contractNEW YORK — The Department of Education has selected student lender Sallie Mae and three other companies to service the $550 billion in outstanding federal student loans and future loans owned by the government. Sallie Mae, Nelnet awarded 5-year government loan-servicing contractNEW YORK — The Department of Education says Sallie Mae and three other companies were chosen to service parts of its $550 billion in outstanding federal student loans and future loans owned by the government. NH soldier killed disarming bomb in Iraq; chose Army over full college scholarshipSALEM, N.H. — Bright and hardworking like his immigrant parents, Edmond Lo’s future grew even more promising when he was offered a full scholarship to a prominent engineering school. But he turned it down, choosing instead to disarm bombs for the Army. In this economy, many high school grads can’t afford to go to their dream schoolThe wretched economy has taught many of the nation’s college-bound seniors a hard lesson: You can’t always get what you want. Democrats use war funding bill to broaden GI benefits to children of soldiers killed in actionWASHINGTON — Congressional Democrats are using an approximately $100 billion war funding bill to give recently expanded GI Bill education benefits to the children of military service members who die while on active duty. Student lender Sallie Mae CEO Albert Lord says loan losses to remain elevated into 2010NEW YORK — Sallie Mae CEO Albert Lord said Wednesday he expects loan charge-offs at the student lending company to peak in 2009 and remain high next year. Obama shrugs off honorary degree snub at ASU, tells grads ‘body of work’ yet to comeTEMPE, Ariz. — President Barack Obama says Arizona State University officials aren’t the only ones who think he needs to accomplish more to earn an honorary degree. Obama tells Arizona State University graduates their best work, like his, is yet to comeTEMPE, Ariz. — President Barack Obama is answering critics who say he hasn’t achieved enough in life to deserve an honorary college degree. He says they’re right. ASU graduation with President Obama and Alice Cooper is shaping up as one to rememberPHOENIX — Arizona State University students are getting a graduation ceremony to remember forever. AP source: Obama seeks to extend DC voucher program until current participants graduateWASHINGTON — An administration official says President Barack Obama wants to extend the school voucher program in the District of Columbia until students now in the program graduate from high school. New York Times Co. Foundation suspends new grants, shrinks college scholarship programNEW YORK — The New York Times Company Foundation will suspend new grant awards and matching gifts because of the financial strains brought on by the recession. Obama urges overhaul of system for making college loans, urges more availability for the youngWASHINGTON — President Barack Obama on Friday renewed his call for the government to stop backing private loans to college students and replace them with direct government loans to young people, a challenge to a decades-old program with strong congressional support. Study: More undergrads take out pricey private student loans to pay for collegeBERKELEY, Calif. — A study finds the number of college students taking out private student loans has risen sharply in recent years. Mystery donor keeps handing checks to colleges; only common denominator is a woman presidentThe mystery college donor has struck again — this time at Binghamton University in New York, whose financial aid office phone started ringing off the hook as word of an anonymous $6 million contribution spread across campus. Group of colleges urges Congress to offer tuition aid, citizenship to many illegal immigrantsWASHINGTON — Wading into the politically charged immigration debate, a group of colleges and universities is urging Congress to give illegal immigrants tuition aid and a path to citizenship in light of efforts in several states to block them. |
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