Wednesday, May 10, 2006

State budget a new sham (Student Loan)


State budget a new sham
Illinois Democrats approved a state budget last week that increases spending $1.4 billion without money in the bank to pay for it. Laying reckless spending at the feet of Democrats might sound like partisan editorializing from a heavily Republican county.

Questions raised over using MOHELA profits
JEFFERSON CITY Legislators both supporting and opposing the sale of student loans to pay for various state projects have raised questions about whether the loan board can give money to the state legislature particularly if the money will be used for projects other student loans.

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.

State tops U.S. in students denied aid after drug offense
More than 31,000 California college students forfeited their shot at federal financial aid because of a past drug conviction, newly released records show.

Resources for student loan info
Here are sources of information on consolidation of student loans: www.finaid.org: This has comprehensive information about college financing.

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