A Shared History, a Shared Future?
As Americans around the world celebrated last week their forefathers' courage to throw off British rule and give birth to a new country 236 years ago, we must also recognize that our relationship with Great Britain is a complicated one. Our legal systems, the English Common Law and the American Legal System, share many core tenets. In terms of military cooperation, trade and commerce, economic activity, nuclear weapons technology, and the sharing of intelligence, you would be hard-pressed to find any two world powers more closely…
Silhouette Man sheds humorous light on serious problem - American Student Debt
Silhouette Man calls it like he sees it...
Senate reaches compromise on Student Loan Rate Extension, House’s turn
Senate Agreement on Student Loans By JONATHAN WEISMAN Published: New York Times (June 26, 2012) WASHINGTON — The Senate Democratic and Republican leaders on Tuesday reached an agreement on legislation to extend subsidized federal student loans, adding bipartisan pressure to House Republicans to come along before rates double July 1. The $6.7 billion agreement would extend the current 3.4 percent rate on Stafford loans for one year, with about $700 million extra for deficit reduction, according to Senate leadership aides. The bulk…
President Obama Streamlines Students’ Access to IBR
President Obama Steamlines IBR Enrollment Early last week, President Obama issued a presidential memorandum to improve repayment options for student loan borrowers. Effective September 30, 2012, student loan borrowers will find it easier to enroll in Income-Based Repayment (IBR) programs by being able to electronically transfer their income data directly from the Internal Revenue Service into their IBR application. This welcomed change removes a cumbersome step in the current process that requires borrowers to submit a signed copy…
Small Town America Wants YOU! Cities Offer Student Loan Relief to Attract Youth.
Suppose that you are a mayor or city manager for a town whose population is rapidly aging. Your teenagers graduate high school, go off to college and only return for mandatory holiday appearances... If you're not fortunate enough to have "golf-friendly weather" year-round, you need to come up with a way to attract more young professionals... And what do we know about young professionals? They have student loans and lots of them. So innovative community leaders in Niagra Falls, NY and fifty counties in Kansas are among the first…
