Sign of Portland State University

    Oregon’s ‘Pay It Forward’ Seeks Alternate College Funding

    Congress haggled over lowering the rates on federal student loans for months until reaching a final decision that President Barack Obama signed into law in early August. While the compromise gives 11 million students lower interest rates on their loans ...

    U.S. House Speaker John Boehner talks about student loan interest rates

    Congress Approves Student Loan Bill, Sends to Obama

    The U.S. House of Representatives on Wednesday ended a prolonged debate in Congress with an overwhelming 392-31 vote supporting the Senate's plan to rework student loan interest rates. The Bipartisan Student Loan Certainty Act of 2013 overhauls how ...

    Student rates on subsidized Stafford Loans doubles to 6.8 percent

    Senate Proposes Plan to Lower Student Loan Rates Now, Raise Them Later

    The U.S. Senate late Wednesday reached another deal to reset student loan interest rates, but it is unclear when that proposal will reach the floor for a vote. Interest rates on subsidized Stafford Loans would roll down to 3.86 percent through the 2015 ...

    Application for student loan consolidation

    Senators Urge Probe of Dishonest Student Debt Relief Companies

    U.S. Sens. Tom Harkin (D-Iowa), Barbara Boxer (D-Calif.) and 21 other senators sent a letter to the Secretary of State and officials at the Federal Trade Commission and the Consumer Financial Protection Bureau urging them to "look closely" at alleged ...

    CFPB director Richard Cordray cracks down on debt-relief companies

    Feds Continue Cracking Down on Dishonest Debt-Relief Companies

    One of the ways in which debt-relief companies serve their clients is by negotiating debt settlement agreements with creditors with the goal of reducing the amount of money owed. When done honestly and correctly, debt settlement can be a win-win ...

    Senator Kirsten Gillibrand proposes bill to save billions in student loan interest

    Sen. Gillibrand Aims to Save Debtors Billions in Student Loan Interest

    A new proposal in Congress to tackle America's $986 billion in outstanding student loan debt seeks to refinance high interest rate loans and save debtors millions in interest payments. Sen. Kirsten Gillibrand, D-N.Y., last week introduced the Federal ...

    Senator Elizabeth Warren proposes student loan bill

    Proposal to Cut Student Loan Interest Rate to Near-Zero Percent

    Today, more and more attention is being paid to the $1.1 trillion in outstanding student loans owed by more than 38 million American borrowers. That’s because student loan debt now exceeds credit card debt for the first time. Also, there’s mounting ...

    Apple is top retailer

    Apple Draws Cheers; Black Friday Retailers Draw Jeers

    Monday's Score Card – Winners: Apple, Lowe's and American drivers; Losers: Black Friday retailers opening on Thanksgiving night; Draw: U.S. workers. Apple is Most Successful Retailer Apple tops the list as the most successful retail store in America, as ...

    post-office-image

    Money Losers on Friday: BP and U.S. Postal Service

    British Petroleum is set to pay the biggest criminal fine in U.S. history, while both the U.S. Postal Service and the Federal Housing Administration are running out of cash and appear to need help. Also  on Friday, Hostess Brands, the maker of Twinkies, goes ...

    Corzine criticized

    Corzine Chastised by Congress; Bank of America Provides Mortgage Relief

    Jon Corzine gets scolded by Congress, while Bank of America apologizes to its customers with cash. LED bulbs begin to light up stores, but in Montana nothing outshines gold. In Europe: another recession and angry workers on strike. Corzine Criticized by ...

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