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...situation with student loans doesn't break down quite as neatly. Since the summer of 2007, 137 lenders have stopped funding federal loans, and 33 have suspended private programs, according to Mark Kantrowitz, publisher of FinAid.org and other financial aid websites. Part of that had to do with a cut in federal subsidies, but part was directly related to the credit crunch - issuers that pulled out tended to be those that packaged and resold loans, a market that has evaporated...
...rockets and propulsion systems. Canaveral still launches and Houston still takes over the moment the engine bells clear the tower. The Goddard Space Flight Center in Beltsville, Md., studies space science, investigating the chemistry and physics of the Earth, the solar system and the universe, most notably with the aid of the Hubble Space Telescope...
...Senate passed a spending bill this weekend that will maintain current levels of funding for financial aid and research through March, a move that will impinge on higher education support due to the current rapid rise in inflation. This financial support may be further reduced if spending cuts arise as a result of the government’s proposed bailout package, which the House rejected yesterday...
Higher education experts are also concerned that the high cost of a major federal bailout package could affect discretionary spending on student aid and research funding...
...both lenders testify to the shaky health of many of the world's biggest banks, Santander, the third leg of the trio, seems to have gone from strength to strength. Indeed, while Fortis was receiving life support on Sunday, the Spanish bank was administering much needed first aid...