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In 1972 the two colleges merged and became known as Newcastle College of Arts and Technology, changing name in 1988 to Newcastle College. [ 2 ] [ 3 ] Newcastle College gave the reason for the merger as having a responsibility to support improvement in other colleges, and to retain its level of Train to Gain funding.
Federal student loan interest rates are established by Congress and listed in § 20 U.S.C. § 1087E(b). Because the interest rates are established by Congress, interest rates are a political decision. In 2010, the federal student loan program ran a multibillion-dollar "negative subsidy", or profit, for the federal government.
The Freddie Mac guidelines for student loans are similar to Fannie Mae’s, save for one key difference: If your loans are in forbearance or deferred, or your payment is otherwise documented as $0 ...
In 2021, student loan servicers began dropping out of the federal student loan business, including FedLoan Servicing on July 8, Granite State Management and Resources on July 20, and Navient on September 28. [40] According to Sallie Mae, as of 2021, 1 in 8 families are using private student loans when federal financing does not cover all ...
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“We’ll see more college graduates side-step the traditional 9-to-5 and instead choose an entrepreneurial career path — likely with their peers.” Learn More: 8 Must-Read Personal Finance ...
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