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Education News, Tips and Student Loan Advice from Industry Experts

April 2007 - Posts

Stalking a Problem on College Campuses
A study published in 2000 found that 13% of college females claimed they had been stalked during the previous seven months. Seven years later, the problem has not diminished. Modern technology such as social networking sites, text messaging and instant Read More...
Another Way to Save on Student Loans
A 19 year old girl from Bloomfield Hills, Michigan will graduate from the University of Michigan after only one year. Having taken eight advanced placement courses in high school and eight classes at the local community college, she entered the university Read More...
Hungry for Justice
To demonstrate their support for service workers at the University of Vermont, twelve students are staging a hunger strike, wearing white "hunger strike" sashes and camping out in front the university's administration building. The workers make $10.60 Read More...
Pay Gap Starts Early
Most Americans are aware that women are paid less than men, but what we didn’t know was that the pay gap begins one year out of college, even when they work in the same careers. In its April report, Behind the Pay Gap, the American Association of University Read More...
Employment Forcast for the Class of 2007
Good news for this year’s college grads in America: The National Association of Colleges and Employees said its employer members plan to hire about 20 percent more graduates in 2007 than in 2006. With the unemployment rate at 4.4 percent, competition Read More...
Baghdad University Grads Celebrate Despite Violence
Baghdad University’s tradition of starting celebrations months before final exams and graduation is alive and well in spite of the war, suicide attacks and car bombs. Students are coming together in cafes and on campus much to the surprise of their professors. Read More...
What’s a Reasonable Amount to Borrow for College?
Kiplinger’s recently published an article that brings up a good point. Just because student loans are available to cover the cost of education, it’s still important to choose a school that is within your range of affordability. The article quotes one Read More...
What's the Difference Between a Deferment and a Forbearance?
Everyone has financial ups and downs, and sometimes life circumstances can make paying back that college loan bill just unmanageable. If you've recently been laid off or are out on maternity leave and not receiving a full paycheck, or encountered any Read More...
University of Arizona Students to Get Their Day in Court
In 2003, students at the University of Arizona filed a lawsuit in which they claimed that in-state tuition was too high. Their suit alleged that inadequate funding by the state legislature and a thousand dollar tuition increase approved by the regents Read More...
Student Loan Deferment: Who Really Benefits?
Student loans have a deferment option – where you can place loan payments on “hold” while interest accumulates. This may seem like a smart option, but is it? Be cautious when you consider placing your student loan in deferment. Although there are instances Read More...
Making Sense of Student Loan Consolidation Rates
You may be wondering… if student loan consolidation rates are fixed, why can’t I get an instant, accurate answer about my student loan consolidation rate without plugging all my info into a calculator? Shouldn’t you just be able to enter the amount you Read More...
Stressed Out Students
CollegeNews.com http://www.collegenews.com/ just ran an interesting piece stating that stressed out college students learn and retain less and “stress has become a raging campus epidemic.” If you can relate and want to de-stress, below are some student Read More...
MARRIAGE MADE IN (or right after) COLLEGE
An interesting column on U-Wire http://www.uwire.com/content//topops040907003.html from the Daily Bruin dispels the myth that marriages made in college (or right after graduation) are doomed for failure. One of the more interesting points disputes the Read More...
INCOME GAP INCREASES FOR COLLEGE STUDENTS
In 1971 the median family income for college freshen was 46 percent above the national average. In 2005 that percentage shot up to 60percent. Not surprisingly, students at four-year public colleges report lower median incomes than those who are enrolled Read More...
Hokie Spirit Family Fund Established by Virginia Tech Alumi Association
ScholarPoint joins a grieving nation in mourning the senseless deaths that occurred yesterday at Virginia Tech. Our sympathies go to the families and friends of the victims as well as the entire Virginia Tech community. If you (or your parents) are interested Read More...
Does it Make Sense to Extend your Student Loan Repayment Term in Exchange for a Lower Payment?
Many people feel that one of the greatest things about consolidating student loans is the ability to extend the repayment period from 10 years to up to 30 years in order to get a much, much lower monthly payment. The downside however, is that you’ll end Read More...
Student Loan Consolidation Companies “Bamboozling” Borrowers Through the Mail
US News and World Report brought up a good point this week in an article about student loan consolidation mailings designed to “trick” students into taking unnecessary action. According to the article, many companies, even those backed by big name banks Read More...
US News Offers Advice for Grads Entering the Real World
This week, U.S. News and World Report , offered a “College Grad Career Center” on the magazine’s website. Much less controversial than the magazine’s rankings of graduate and undergraduate programs, the online career center features advice from columnist Read More...
Gen-Y: Eroding Attention Spans, Or Just Better at Multi-Tasking?
There’s been a lot of press lately about the short attention span of Gen-Y after Alan Mirabelli, Executive Director at the Vanier Institute of the Family in Ottawa, recommended that schools and Universities should ban cell phones. According to Mirabelli, Read More...
Decoding Student Loan Consolidation Incentives
There are a lot of companies that offer federal student loan consolidations. And since the base rate of the consolidation loan is predetermined by the government interest rates, companies compete for business by offering various money saving discounts Read More...