Obama’s proposed Education budget lowers the barriers to many students seeking Pell Grants and loans for college, reports Washington University’s Student Life paper:
“The estimated national average grant would increase by $121 under the budget proposal, bringing the total to $3,357. Under current estimates, the proposal could increase the number of Pell Grant recipients by 260,000.
To [...]
Big financial news today, and not about plunging markets. This headline from today’s NYTimes states it pretty cleanly: U.S. Unveils New Programs to Ease Credit.
“It was the first time that the Fed and the Treasury have stepped into finance consumer debt, from car loans and student loans to small business loans. The $200 billion [...]
This week, the economic crisis worsened in a number of different ways, chief among them the plummeting of the Consumer Confidence index. When I was a student and first heard the term “consumer confidence” being talked about very seriously, my reaction was to dismiss it out of hand. “Consumer confidence” … why would I care [...]
