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Arkansas: Legislature OKs Budget, Lotto Scholarships (Associated Press)
"Arkansas lawmakers on Wednesday approved a $4.5 billion spending plan for the coming year and set amounts for scholarships to be funded by the state's lottery, inching closer toward the end of the st
Troubled Banking Industry Sharply Reduced Lending in 2009 (Washington Post)
"Lending by the banking industry fell by $587 billion, or 7.5 percent, in 2009, the largest annual decline since the 1940s, as the number of troubled financial institutions rose sharply, the Federal D
Public College Tuitions Spike 15%, Even 30% (CNNMoney.com)
"Tuition at many public colleges and universities is skyrocketing, thanks to state budget deficits that have choked off funding for higher education," CNNMoney.com reports.
Prosper Marketplace Hints at Building Peer-to-Peer Lending Product for Student Loans (Lending Socially)
"Peer-to-peer lending company, Prosper Marketplace, has hinted that it may build a peer-to-peer lending product targeted specifically at student loans, following in the footsteps of Fynanz and People
ED Posts Consumer Information on Public Service Loan Forgiveness
The Department of Education posted information for consumers about the Public Service Loan Forgiveness (PSLF) Program including a fact sheet that gives general information and a list of questions and
Indiana: Purdue Rethinking Scholarship Strategy (Journal and Courier)
"The amount of money Purdue University spends on scholarships is attracting attention as budget cuts near," the Journal and Courier reports.
Illinois: State Lawmakers Move to Reform Scholarship Program (Bloomington Pantagraph)
"Lawmakers moved Wednesday to reform a legislative privilege that allows them to dole out millions of dollars worth of university scholarships," the Bloomington Pantagraph reports.
Go Figure: What Net Price Calculator Should Your Institution Offer? (Campus Technology)
"By October 2011, all post-secondary institutions receiving federal Title IV funds must meet a new federal requirement to offer prospective students a net price calculator (NPC) on their Web sites," C
Nursing Education Loan Repayment Program Application Deadline Extended to March 11
The Health Resources and Services Administration of the U.S.
400 Colleges in the Student Loan Hall of Shame (CBS MoneyWatch.com)
"At roughly 400 schools in this country, you face a greater chance of defaulting on your student loans than graduating," CBS MoneyWatch.com reports.