Sunday, April 30, 2006

NextStudent Enters (Student Loan) Securitization Market for First Time


NextStudent Enters Securitization Market for First Time
NextStudent Inc., through its affiliate companies, last week completed its first securitization of student loans when the NextStudent Master Trust I issued $571 million in Auction Rate Student Loan-Backed Notes in a nonregistered private offering.

July 1st Key Date for Student Loans
New federal rules on student loans go into effect July first and it could be a headache for college students and graduates. The interest rate is going up as much as 2% and that could tack on thousands of dollars to the average loan.

U.S. Stock-Index Futures Fall; Microsoft, Gateway Shares Tumble
April 28 (Bloomberg) -- U.S. stock-index futures fell after Microsoft Corp. said profit this year and next may trail analysts' estimates. Shares in the world's largest software maker tumbled in Europe.

U.S. Stock-Index Futures Fall; Microsoft, Gateway Shares Tumble
April 28 (Bloomberg) -- U.S. stock-index futures fell after Microsoft Corp.'s annual earnings forecast trailed some analysts' estimates. Shares in the world's largest software maker tumbled in Europe.

U.S. Stock-Index Futures Fall; Microsoft, Gateway Shares Tumble
April 28 (Bloomberg) -- U.S. stock-index futures fell after Microsoft Corp.'s lower-than-expected forecast for profit this year and next tarnished optimism that earnings growth can be sustained.

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