Susan Tompor Detroit Free Press Published 7:00 AM EDT Jul 10, 2019 Get a robocall lately from Jonathon or someone else saying that your student loans have been flagged for a student loan forgiveness program? "If you owe more than $10,000 and are not currently enrolled in school, you could qualify for a reduced monthly payment and a large portion of your balance to be forgiven," one caller said. "To redeem your spot in the program, it's important that you call me quickly." Nicole Cross, 43, heard a similar pitch last year that promised student loan debt relief. But instead of saving any money, she lost $750 in fees and saw no relief when it came to owing more than $70,000 in student loans. Cross, who lives in St. Clair Shores, said she has one bit of advice for people who are stressed out about their student loan debt and end up talking with someone offering student loan forgiveness. "The minute they say $250," she said, "hang up the … [Read more...] about Student loan forgiveness scam promises to cancel debt
Should i consolidate student loans
Jennifer Chambers The Detroit News Published 10:45 PM EDT Apr 29, 2019 Detroit — Detroit’s public school district is struggling with two realities: Most of its buildings are broken, but it can’t collect a single penny of taxes to address nearly $543 million in needed repairs. Inoperable boilers. Corroded plumbing fixtures. Missing ceiling tiles in classrooms. Exterior walls with cracks. Roof leaks. Incomplete fire alarm systems. Electrical panels in classrooms known to be fire hazards. These expensive, growing capital needs exist across 100 school buildings at the Detroit Public School Community District where facilities were neglected for nearly a decade under emergency management. Waiting another four years to deal with widespread poor building conditions would cause the price to soar to nearly $1.5 billion, according to an assessment by engineering consulting firm OHM Advisors. But waiting is what … [Read more...] about Detroit schools face tough choices with too many repairs, not enough money
Erin Arvedlund Philadelphia Inquirer Published 5:07 PM EDT Mar 31, 2019 When it came to paying for college, Celeste Hernandez Revelli wishes she could go back in time — and tell her younger self to avoid all those mistakes. Revelli, 32, is now the director of financial planning at eMoney Advisor in Radnor, Pa., and she creates interactive plans for financial advisers to help their clients avoid the errors she made. To pay for college, her mother, a single parent trying to do the right thing, went to a local bank and took out a federal Parent Plus loan. “What we didn’t know was how much it would cost down the road,” said Revelli, who graduated from Loyola University in Maryland in 2008 with $90,000 in debt. Looking back, Revelli would have done things differently. “I would have researched all the options for college instead of loans — such as grants, scholarships, and financial aid. Or perhaps I should have gone to a community college for two … [Read more...] about How a couple paid off $150K in student loans early
Rice exports set to pick up in Q1 2019 Rice exports are predicted to thrive during the first quarter of 2019 as regular importers are giving positive signs, according to a Ministry of Agriculture and Rural Development source. Rice exports to regular importers such as the Philippines and Indonesia will soar in the first quarter of 2019 as both have recently been hit by natural disasters. The Agro Processing and Market Development Authority made the prediction at a press conference on January 22. The conference briefed expectations of farm produce exports during 2019, reported the news outlet Vietnam Economic Times. The authority stated rice exports to regular importers such as the Philippines and Indonesia will soar in the first quarter of 2019 as both have recently been hit by natural disasters. As many as 166 Filipino companies have made plans to import 1 million tons of rice, of which many have been ordered from Vietnam. This move came after the Philippines lifted its import … [Read more...] about BUSINESS NEWS IN BRIEF 26/1
Rick Kelleher is a big, white-haired, crisply presented man who looks very much the way you’d expect a Boston Irish power broker to look. If you found yourself sitting next to him on a plane, you might notice how he kept the conversation flowing naturally and emphasized his points with the physicality of a great salesman, dramatically raising his eyebrows and cocking his head. On this morning, Kelleher is seated at a back table in the lobby restaurant of the elegant Boston Harbor Hotel, where the server knows exactly how he likes his house-smoked salmon. He carries himself as if he owns the place, and, in a way, he does. Related Links New England’s smallest colleges are struggling Former Mount Ida students sue, accusing college leaders of fraud The college debt crisis is even worse than you think Sitting across the table is a man who is also in his late 60s but who cuts a very different figure. Kumble Subbaswamy — unassuming, of slight build, with … [Read more...] about ‘ZooMass’ no more. Is turning UMass Amherst into an elite university needed?