Monday, May 01, 2006

KEEP IN MIND (Student Loan)


KEEP IN MIND
Parents or students must get their consolidation application in by June 30, says Pat Scherschel, vice president of loan consolidation for Sallie Mae. The penalty in being one day late in your paperwork is to pay potentially thousands of dollars more.

Debt Possible Link to Porco Attack
ALBANY, N.Y. Prosecutors say tens of thousands of dollars in debt led a former University of Rochester student to attack his parents in their Albany home.

Sandra Block: Your Money - If you consolidate student loans before July, you can lock in lower rate
We hate to nag. Really. But if you're on track to graduate from college this spring, you should consolidate your federal student loans before July 1. And if you graduated last year but didn't get around to consolidating, do it now.

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.

DA: Debts led son to kill father, injure mother
ALBANY, N.Y. Tens of thousands of dollars in debt led a former Rochester college student to attack his parents while they slept in their suburban Albany home.

Washington Pulse -- Following Your Money
Editor's Note: Taxpayers beware: With tax cuts creating deficits instead of investments, our federal checkbook is not being handled responsibly in Washington.

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