Tuesday, May 02, 2006

Severn School Economists Win The Fed Challenge National Championship along with Citibank Scholarships, (Student Loan) Awards and


Severn School Economists Win The Fed Challenge National Championship along with Citibank Scholarships, Awards and
STAMFORD, Conn.----May 2, 2006--Citibank today announced the winners of $197,500 in scholarships, awards and grants for the high school teams competing in the final rounds of The Fed Challenge.

Deadline Looms to Consolidate Student Loans At Today's Low Rates
Now is the time for those with unconsolidated student loans to act. Every July 1st, the government adjusts the interest rates on federal student loans, except those with fixed rates. Effective July 1, 2006, the interest rate hikes are projected to be quite significant. (PRWEB May 1, 2006)

Homeownership a struggle for many
Deborah Bennett considers herself lucky -- she bought her home in Pleasanton years ago, and her career as a computer scientist has provided steady, well-paid work.

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.

Prosecutor focuses on Lay's selloff
HOUSTON - The prosecutor painted a picture: Imagine a shareholder in Enron Corp. in 2001, long before the house of cards came down. Someone who had bills to pay, maybe student loans due. Tough financial decisions to make. That person could have sold Enron shares to raise some cash, federal prosecutor John Hueston suggested Thursday. And they might have looked to company founder Kenneth Lay

Budget highlights
The budget calls for about $30 billion in new spending which includes the reallocation of $3.6 billion in current expenditures. Here are the highlights.

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