Tuesday, April 25, 2006

Fitch Issues Presale Report On College Loan Corporation 2006-1 (Student Loan)


Fitch Issues Presale Report On College Loan Corporation 2006-1
NEW YORK----April 3, 2006--Fitch Ratings has issued a presale report on College Loan Corporation Trust I, Series 2006-1.

Federal budget carving the heart out of education
Congress is considering President Bushs proposed budget. Our community has a stake in the process because the budget determines whether our children, college students and schools will have the resources necessary for a quality education.

Student loans going up
A year ago, students and parents who borrowed to cover college costs rushed to lock in the lowest interest rates in four decades. Now those who haven't consolidated their loans under the federal student-loan program are being urged to do so before July 1.

Sen. Durbin, Rep. Miller to Discuss New Legislation to Cut College Loan Interest Rates; News Teleconference Today at
Sen. Richard Durbin, D-Ill., and Rep. George Miller, D-Calif., will join Campaign for America's Future co-director Robert Borosage on a conference call with reporters today (April 13) at 2:30 p.m. EDT to discuss nationwide organizing efforts to make college more affordable and new legislation designed to cut interest rates in half on college loans.

Durbin weighs in on rising student loan interest rates
The cost of higher education is skyrocketing and student loans won't be as much a relief as they have been before. U.S. Senator Dick Durbin (D-Ill) spoke at a student town hall meeting last Thursday in SCE about the impending cuts to federal financial aid programs-cuts that could cost current and future college students thousands of dollars.

TIP DU JOUR: Look for incentives on college loan rates
Just as saving pennies can really add up, saving a little here and there on your college loan interest rates can add up too. Sun National Bank offers prospective students these tips for saving money while paying back college loans:

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