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Americans relied less on borrowed money in April than they did in March-a sign that the pullback on debt-fueled spending continued into the spring. New data from the Federal Reserve shows that outstanding consumer credit which includes credit cards, auto loans and tuition financing, but not mortgages, fell by $15.7 billion to $2.52 trillion, an annualized drop of 7.4%. That marks the second-largest dollar drop on record, following March's $16.6 billion decline...

Author: /time Magazine | Title: Consumer Borrowing Is Down, But For How Long? | 6/6/2009 | See Source »

...frustrated... Whenever they go to the authorities, they believe they are not taken seriously," says FISA president Amit Menghani. On Monday June 1, Prime Minister Kevin Rudd told Federal Parliament that he had spoken with the Indian Prime Minister Manmohan Singh and assured him that Indian students - whose tuition is healthy source of income for Australian universities - are welcome. In a press release, he said a taskforce had been set up which would include senior officials from the Department of Foreign Affairs and Trade, the Department of Education and Workplace Relations, the Department of Immigration and Citizenship and the Attorney...

Author: /time Magazine | Title: Racial Attacks Trouble Indian Students in Australia | 6/6/2009 | See Source »

...Faust prefaced her comments with the announcement that Harvard will join the GI Bill Yellow Ribbon Education Program next fall, which will provide substantial financial assistance for up to 150 military veterans to attend Harvard College, the Extension School, or one of Harvard’s graduate schools. The tuition assistance provided by Harvard will be matched by the federal government. ROTC has not been welcome at Harvard since 1969, when it was expelled from campus following student demonstrations against the Vietnam War. Currently, Harvard students who participate in ROTC train at MIT. Unlike last year, when Faust criticized...

Author: By Lauren D. Kiel, CRIMSON STAFF WRITER | Title: Petraeus Speaks to ROTC Grads | 6/3/2009 | See Source »

...While the final scale and impact of job reductions remain to be seen, concerns are growing among students, who cite on-campus jobs as a critical means of fulfilling student contribution requirements for tuition...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITER | Title: Students Feel the Pinch | 6/3/2009 | See Source »

...response to fewer job openings on campus, students have voiced concern for individuals who rely on their income for both tuition requirements and basic needs...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITER | Title: Students Feel the Pinch | 6/3/2009 | See Source »

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