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...high priority. The bill seeks to aid the approximately two-thirds of college students who graduate with debt. Its proponents argue halving the interest rate can help make what would have been a prohibitively heavy debt load manageable for the 5.5 million low- and middle-income students receiving Stafford loans. Opponents of the bill have argued that providing blanket subsidies for college admission, without stipulation that the education received would be put toward bolstering America’s knowledge-based economy—through, say, the study of science or engineering—is a waste of money. To them...

Author: By The Crimson Staff | Title: Less Scroogerly College Loans | 1/22/2007 | See Source »

DIED. Robert Stafford, 93, former Republican Senator from Vermont who bucked his party as a staunch environmentalist and championed education; in Rutland, Vt. In 2000 Stafford, for whom Congress renamed its Federal Guaranteed Student Loan program in 1988, spoke on his state's debate over gay marriage: "I consider that love is one of the great forces in our society ... what harm does [it] do anybody or any society...

Author: /time Magazine | Title: Milestones Jan. 15, 2007 | 1/4/2007 | See Source »

...others were still frustrated about the impending fare hike. “So they’re trying to force you to pay more for subway service that isn’t as good as New York’s?” asked Laura E. Stafford ’07. MBTA Ambassadors will continue to pass out the card at T stations and bus stops, and plan to be at the Harvard Square station again on Dec. 7, 11, and 14. Just in time for the upcoming fare hike, the CharlieCard is named after a character in a popular...

Author: By David Jiang, CONTRIBUTING WRITER | Title: MBTA Debuts Plastic Passes | 12/5/2006 | See Source »

Similarly, while Harvard Law School (HLS) offers international students direct loans through the HLS Loan Program, the CitiAssist loan through the Harvard Education Loan Program and Citibank Stafford loans are also advertised prominently on the HLS Web site, with this statement in small print: “There are many other lenders (such as Access Group, Nellie Mae, and Wells Fargo) available for your Stafford loans that we are not able to outline here...the incentives vary according to the lender...

Author: By The Crimson Staff | Title: Flirting with Financial Aid | 10/31/2006 | See Source »

...prime loan, we’ve seen very little interest in borrowing private loans from other lenders.” The same sentiment was echoed by HLS Assistant Director of Financial Aid Denise Ryan, who maintains that “we list Citibank because they have very favorable Stafford terms...

Author: By The Crimson Staff | Title: Flirting with Financial Aid | 10/31/2006 | See Source »

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