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White House Threatens Veto Of Student Loan Rate Cut (Nasdaq)
WASHINGTON -(Dow Jones)- White House officials warned Tuesday they would recommend a veto of legislation cutting student lender subsidies because the savings would be used to cut borrower interest rates, not to increase the Pell Grant program.
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With Billions at Stake in Sallie Mae Buyout, SEIU, Students to Push J.C. Flowers, Big Banks to Support Student Loan ... (PR Newswire via Yahoo! News)
Coming just as Congress passed a new bill to cut nearly $19 billion from lender subsidies to pay for increased aid to college students, a new campaign will kick off Monday to bring the voices and stories of middle class and low-income families hard hit by soaring education costs and high interest rates to Congress and the private equity suitors of Sallie Mae (NYSE: SLM), J.C. Flowers, Bank of ...
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Petri backs bill on student aid (Manitowoc Herald Times Reporter)
WASHINGTON - Rep. Tom Petri, a longtime advocate of reducing federal subsidies to private lenders of college funds, joined 46 other House Republicans on Wednesday to back legislation that would cut more than $18 billion in subsides and shift the money into financial aid for college students and educational institutions.
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Petri backs bill on remaking student aid programs (Fond du Lac Reporter)
WASHINGTON U.S. Rep. Tom Petri, a longtime advocate of reducing federal subsidies to private lenders of college funds, joined 46 other House Republicans on Wednesday to back legislation that would cut more than $18 billion in subsides and shift the money into financial aid for college students and educational institutions. The measure passed 273-149. The status quo on lender subsidies is ...
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Lenders Turn to Democrats Amid Calls for Subsidy Cuts (New York Times)
With the House set to take up legislation that would sharply cut subsidies to student loan companies by about $19 billion, lenders are trying to appeal to Democrats.
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Freeverse debuts Tiki Magic Mini: 3D golf (MacNN)
Freeverse and Mondo Robot have released Tiki Magic Mini Golf for the Mac; a fully 3D, Tiki Golfing game. You can play by yourself, or against up to five friends. The game features "Sweet Shot" replays, a custom soundtrack, emotive totem masks, and a several powerups. The developer says "Sink putts and collect special gem bonuses on three challengin...
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iWork, iLife Apple patent filings surface (MacNN)
A series of Apple patent applications surfaced today relating to its iLife and iWork suite of applications. Patent applications include "Movie Authoring," "Text flow in and around irregular containers," "Predictive styling," "Automatic sub-template selection based on content," "User interface for Web page creation/editing," and "Publishing and subs...
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Obituaries in the news (Boston Globe)
Longtime major league umpire Shag Crawford, patriarch of a family of prominent sports officials, has died. He was 90.
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Office 2004 for Mac 11.3.6: Exchange fixes (MacNN)
Microsoft has released Office 2004 11.3.6, an update to the popular productivity suite. This release fixes a vulnerability through which an attacker can overwrite the contents of your computer's memory with malicious code. It also addresses an issue with using public folders in Entourage, and it contains the latest postal code information for Japan...
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Analyst: New iMacs, ultra-portable MacBooks (MacNN)
Piper Jaffray analyst Gene Munster is reporting that there is an 80% likelihood of redesigned iMacs this Summer, an ultra-portable MacBook Pro model will soon debut, and iPods with OS X are on tap. Munster also commented on iPhone availability. The analyst's report says that by the 5th of July, only 1% of Apple's 165 US retail stores had iPhones av...
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There's no doubt you'll have heard plenty about debt consolidation loans - our TV screens are full of adverts promising freedom from financial worry, and the internet is positively flooded with solicitations to lock in a low rate with a refinancing package.
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House OKs Pell grant increase, lower college-loan interest rates (San Jose Mercury News)