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Harvard College Director of Financial Aid Sally C. Donahue noted that the College does not participate in the Family Federal Education Loan program, the bank-subsidizing program Obama has proposed ending. She added that the College’s financial aid consists of grants rather than loans. However, she said that many Harvard graduate students receive federal loans and stand to benefit from the new policies...

Author: By Julie M. Zauzmer, CRIMSON STAFF WRITER | Title: Students Approve of Obama's Loan Plan | 2/1/2010 | See Source »

...wanted, including the stand-alone consumer agency, an easy-to-understand innovation for Americans who think mortgages and credit cards should be as safe as toasters. Many of the differences were technical or turf-based: how to structure the resolution authority and regulate systemic risks, a loophole exempting "industrial loan companies" from various regulations, more loopholes shielding community banks and auto dealers (known for their pull with local Congressmen) from the new consumer agency's direct oversight. House Financial Services Committee chairman Barney Frank points out that the Republican alternative to the bill consisted of ending TARP and otherwise maintaining...

Author: /time Magazine | Title: Can Bashing the Banks Help Obama? | 1/28/2010 | See Source »

That approach might have helped in the recent housing bubble. Buyers didn't just need to know how different sorts of mortgages worked; they also needed the fortitude to choose a 30-year fixed rate when everyone around them was buying a bigger house with a riskier loan. (Take a financial literacy quiz and see how you do compared to high school seniors...

Author: /time Magazine | Title: How to Teach Kids About Money | 1/25/2010 | See Source »

Unemployment benefits are hardly cushy: depending on the state, they pay half of a moderate-income person's salary and less than half the salary of higher earners. And a troubled housing market makes it hard to sell your house - or qualify for a loan to buy a new one - so that you can relocate for a new job. (See which businesses are bucking the recession...

Author: /time Magazine | Title: A Limit to Compassion | 1/25/2010 | See Source »

...years just after World War II is crowded and entrancing: Deborah Kerr, Claire Bloom, Kay Kendall, Joan Greenwood, Dorothy Tutin and of course Audrey Hepburn - whose career was launched as the princess in Roman Holiday because Howard Hughes, the owner of Simmons' contract at the time, refused to loan her out for the role. She determined never to be indentured to a studio again, and as a freelancer forged a strong résumé that cast her opposite Marlon Brando, Laurence Olivier, Robert Mitchum (twice with each star), Burt Lancaster, Kirk Douglas, Gregory Peck, Paul Newman, Richard Burton...

Author: /time Magazine | Title: Jean Simmons: Portrait of a Complicated Lady | 1/24/2010 | See Source »

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