College loans

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    • College-loan scandal prompts need to search for alternatives

      Posted by Jeff from SFGate.com

      More corruption in the Bush administration... On Thursday, it was revealed that Matteo Fontana, a senior official in the U.S. Department of Education, also owned stock in the former parent of Student Loan Xpress. Matteo oversees private-sector lenders that participate in the government's Federal Family Education Loan Program. But the problem is more widespread, colleges around the country are trading access to students for dollars. Obscene.

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    • Huge college loans eating up salaries

      Posted by Jeff from Seattle Post-Intelligencer

      Between the two, Donald, an acupuncturist, and Bujacich, who is both a naturopath and acupuncturist, have 16 years of higher education and nearly $350,000 in student loans, a massive liability that costs them $1,700 a month in loan payments.

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