President Obama’s Stimulus Bill Promises Student Aid
The House of Representatives may be voting on President Obama’s stimulus bill that promises student aid, a.k.a. The American Recovery and Reinvestment Act, that could make the federal Pell Grant Program seem half its size in comparison. Obama’s stimulus bill could provide billions of dollars in spending and financial aid for many colleges and universities across the country. President Barack Obama’s request for an $825 billion stimulus financial aid package to combat the countries current recession and invest in health care, education and infrastructure programs was the basis for which he modeled this economic stimulus bill. The bill would enlarge the Pell Grant Program significantly. The Pell Grant Program distributes federal grants to around 6 million university students in the United States every year. Congress was warned last year by the Department of Education that the program would be facing a $6 billion shortfall in 2009 if additional funding is not obtained.
Filed Under financial aid | Leave a Comment
Can I put my student loans on a credit card and then file bankruptcy?
Kiro from Mass. asks: I’m over my head in student loan debt, but have good credit and lots of it. I thought up a plan to put my student loans on my credit cards and then file bankruptcy on the cards. What do you thing? Is this a good idea? It doesn’t bother me a bit that the bankruptcy will be on my credit report for 10 years. I’d rather be out of debt completely and then move to another country and start over. If anyone has ever used this method to get out from under massive credit card and student loan debt, I’d like to hear about it!
Filed Under Credit | Leave a Comment
Students and Parents Face Largest Student Aid Increases In Years
You know it was coming with the shape that the economy is in. Most Colleges and Universities are saying that Students and Parents should brace for an increase in student aid. Not just any increase, but one of the largest increases in recent times.
For example, New York Students are already feeling the pinch as State colleges did a mid-year price increase on tuition. The cost of the increase was a huge 14%. One of the largest increases in the Country.
Filed Under financial aid | Leave a Comment
Student Loan Bill Goes To President
Well, you know it had to happen. The Student Loan Bill goes to the President for his signature. This will put many of the student loan subsidies under the Governments control…yikes! You know, the same government that thought it was a good idea to bail out banks and auto companies. The same Government that started the Cash For Clunkers program and underfunded and miscalculated, not once…oh no…but twice in two months!
Filed Under Student Loans | Leave a Comment
Illinois Denies Student Loans To Students
If you live in Illinois and you’re needing financial assistance in the way of an Illinois student loan, don’t hold your breath. The state of Illinois is denying student loans to as many as 130,000 students this year and perhaps even more next year. Many of these student loan request are from students looking for Student Loans For Vocational School.
Filed Under financial aid | Leave a Comment
keep looking »Sponsors
Tags
bad credit student loans Banks college college loans dave ramsey economy Federal Grants Federal Loans federal student loans financial aid harvard Interest Rate money Private Loans private student loan private student loans repaying student loans scholarships student loan student loan advice student loan consolidation student loan debt student loan repayment Student Loans yale