Sunday, May 07, 2006

Student Loan - SimpleTuition Raises $4.4 Million in Financing


SimpleTuition Raises $4.4 Million in Financing
BOSTON----April 14, 2006--SimpleTuition, a new company that will simplify the college financial aid process, today announced the completion of a $4.4 million Series A financing led by Atlas Venture and IDG Ventures Boston.

Look who's whipping out the credit card: high schoolers
Chelsea Paine isn't sure about the interest rate or the credit limit on her Visa. "Maybe $15,000? I could buy a car with this thing! " The Shorecrest High...

Dear top tax bracket,
The other day I was reading the newspaper while I enjoyed my Top Ramen noodles, and I saw that you are retaining an average of $500,000 a year because of President Bushs investment tax cuts.

Friday
Over the length of his term as chancellor of the University of Maine System, Joseph Westphal has earned a salary of more than $800,000, plus benefits. Now he is retiring.

TIPS ON
TOUGH LOVE Here are some tactics parents can use to help themselves and their children financially, at any age: Don't be an ATM. There are loans for college, cars and homes but none for retirement. Don't put your own financial security at risk to help your kids.

Estate tax friends, foes gird for fight
WASHINGTON -- Stephanie Letzler is a typical high-school junior shopping for colleges this spring, but she's hardly typical when it comes to college costs: She knows she'll graduate "without owing a dime," thanks to family money she'll inherit someday.

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