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Bear Stearns Takeover Leaves Business-School Students Scrambling
14 April 08 08:13 PM | Student Loan Girl | 0 Comments   

BearStearns CEO, Jimmy Cayne, seems to have been the only former Stearns employee to make it out of the JPMorgan Chase buyout relatively unscathed — at least in non-CEO terms — walking away with $61.3 million in sold shares. Even though, in his own high-priced Read More...

Filed under: Alison Damast, bailout, Bear Stearns, Ben Bernanke, business school, BusinessWeek, buyout, career, CEO, college, credit crisis, economy, employment, Fed, financial services, graduate students, graduates, Internships, investment firm, James Cayne, Jimmy Cayne, JPMorgan Chase, market, MBA, MBA Career Services Council, New York Times, New York University, NextStudent, NYU, recession, shares, Stern School of Business, student jobs, student loans, Tom Kozicki

Financial Industry Woes Affecting Commercial Education
10 March 08 07:02 AM | Student Loan Girl | 0 Comments   

The current credit crisis, combined with recent legislation cutting federal subsidy payments to student loan companies that make federally guaranteed student loans, has begun to take a noticeable toll on commercial education companies. The past few months Read More...

Filed under: borrowers, Career Education Corporation, college, commercial education, community college, Corinthian Colleges, credit crisis, credit crunch, Credit History, credit requirements, economy, Fed, Federal Reserve, financing, income, ITT, ITT Tech, Jonathan Glater, Michael Dannenberg, New America Foundation, New York Times, NextStudent, private student loans, risk, student loan companies, student loans, subprime, tuition