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Nonprofit Wyoming Student Loan Corp., the state’s largest student loan lender, has announced that, as of April 1, 2010, it will no longer be issuing any new parent or student loans.
In a statement from president and CEO Phil Van Horn, the company, also known as WyoLoan, said that it will continue to fund any student loans that are already ...
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Apollo Group Inc., the parent company of the University of Phoenix, the largest for-profit college in the country, announced on Tuesday that the Securities and Exchange Commission has launched an “informal inquiry” into the company’s revenue accounting practices.
This new probe, being conducted by the SEC’s enforcement unit, marks the second ...
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While acting last Thursday to approve the creation of a Consumer Financial Protection Agency, which will expand federal oversight of private student loans, a Congressional panel at the same time voted to reject a proposal that would have included school-sponsored “gap loans” under the authority of the new CFPA.
The House Financial Services ...
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Even as the recession has depressed consumer prices and the cost of living has fallen over the last year, college tuition rose in 2009, with the largest percentage increases coming at community colleges and public four-year schools — the mounting expense of an education revealed in the College Board’s latest reports on financial aid and the ...
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Students who receive above-average scores on standardized college
admissions tests, such as the SAT, may benefit the most from
commercial test preparation services, according to new report from
the National Association for College Admission Counseling, although
the benefits of such test preparation may not outweigh the costs for ...
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Last summer Ohio Gov. Ted Strickland offered American military
veterans worldwide a no-cost education at any of Ohio’s public
colleges. The state has just now finished tallying its number of
veteran students in preparation for the program’s Aug. 1, 2009 start
date, the same day the new GI Bill goes into effect, reports ...
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Arizona State University officials have decided to rename the
school’s largest financial aid program after President Barack Obama
in honor of his commencement address to ASU’s 2009 graduating class,
reports The Arizona Republic (“1,600 ASU Freshmen Will Qualify for
Obama Scholarship,” May 7, 2009).
Approximately 1,600 incoming ...
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The Texas Senate has voted to limit future tuition hikes, including
a 5–percent yearly cap for the largest universities in the state,
after seeing the state’s 35 public universities increase tuition and
fees 86 percent since 2003, reports The Dallas Morning News (“Bill
Limiting College Tuition and Fee Hikes Clears Texas Senate,” ...
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Almost 260 colleges and universities around the country still have
openings for students, and most of these schools still have ample
financial aid available, according to survey results from the
National Association for College Admission Counseling (“NACAC
Survey: Space and Financial Aid Still Available for Students On ...
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University of Michigan President Mary Sue Coleman has stepped
forward to set the record straight with TIME magazine after an
article in the publication began circulating rumors about the
university being forced to privatize due to state budget
constraints, The Detroit News reports (“U-M President Refutes Report
That ...
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