Fitch Rates Slm Student Loan Trust 2014-2

You have the option to switch repayment plans at any time. Simply reach out to your loan provider to make the request. Private loans What about private student loans? They are not eligible for consolidation under a direct consolidation loan, http://www.obamastudentloanforgiveness.net so none of the information I have provided thus far applies. However, you can consolidate private student loans through several financial institutions, such as cuStudentloans.org .
Source: http://finance.yahoo.com/news/consolidate-student-loans-143024150.html

Proposals for tackling student loan debt

Likewise, a buildup of credit enhancement driven by positive excess spread given favorable basis factor conditions could lead to future upgrades. Key Rating Drivers and Rating Sensitivities are further described in the presale report titled ‘SLM Student Loan Trust 2014-2’, dated March 17, 2014, available on http://www.fitchratings.com , or by clicking on the link. Additional information is available at ‘ http://www.fitchratings.com ‘. Applicable Criteria and Related Research: –‘Global Structured Finance Rating Criteria’ (May 24, 2013); –‘Rating U.S. Federal Family Education Loan Program Student Loan ABS Criteria’ (May 17, 2013).
Source: http://www.streetinsider.com/Press+Releases/Fitch+Rates+SLM+Student+Loan+Trust+2014-2/9323811.html

Students without loans can begin purchasing homes and making other investments earlier in life.Allen Aston, who graduated from Ohio State University without debt because of academic and financial-need scholarships, has been able to contribute 6 percent of his salary as a software engineer to his retirement fund. “I’m making the same money as them, but they have student loans they’re paying back that I don’t. So, it definitely seems noticeable,” Aston told The Associated Press. Nida Degesys, who graduated from Northeast Ohio Medical University in May 2013 with about $180,000 in loans, told the AP that interest has ballooned the total to about $220,000. “There were times where this would make me stay up at night,” Degesys said. “The principal alone is a problem, but the interest is staggering.” The Wall Street Journal reported Thursday that U.S.
Source: http://www.newsmax.com/TheWire/student-loans-trillion-debt/2014/03/28/id/562346/

PDT March 27, 2014 Student loans SHARE 76 CONNECT 1 TWEET COMMENTEMAILMORE President Barack Obama and lawmakers in Congress are debating how to address the issue of rising student loan debt, something experts say is contributing to the widening between the rich and everyone else. Some of the proposals: ___ – Obama has proposed extending the “pay-as-you-earn” repayment plan to all student borrowers. The program limits student loan payments based on income but is currently only available to borrowers who took out loans after October 2007. – Sen. Elizabeth Warren, D-Mass., has proposed allowing people with high-interest student loans to refinance at today’s 3.86 percent rate and would pay for it by raising taxes on the wealthiest Americans. – Sen.
Source: http://www.news10.net/story/news/education/2014/03/27/student-loan-debt-proposals/6969197/

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Sinking Biotechs Drag Down Nasdaq

ANADIGICS, Inc. (NASDAQ:ANAD) Implementing Strategic Improvements to Improve Efficiencies of Operation

Gilead shares, which fell almost 6% on Friday, closed up 6 cents, or 0.1%, to $72.13 on Monday. 3. Fears of a top. There has been talk of two different markets on Wall Street: the frothy high-flying sectors, such as biotech and social media, and the rest of the market. Recent angst over an impending market top, coupled with triggers that spark selling, has thrust many aggressive investors into profit-taking mode on their big winners.
Source: http://www.usatoday.com/story/money/markets/2014/03/24/highflying-biotechs-drop-hurting-nasdaq/6827939/

Apple TV (Nasdaq: AAPL) Will Be Huge in 2014 – But Not Because of Comcast

Apple TV

ANADIGICS full year loss was down at $53.98 million in 2013 compared a huge net loss of $69.85 million reported in 20121. ANADIGICS Planning to Focus on its Three Key Markets There is a huge belief in the company that things could turn out for the better in the current year after implementation of a cost structure that has resulted in a considerable reduction in the companys operating costs. The company is also positioning itself with a view of launching new products that are expected to boost its earnings in terms of revenue. Some of the key segments that ANADIGICS plans to focus on include, rapid adoption of LTE services as well as expansion of wireless and CATV infrastructure. ANADIGICS, Inc. http://www.todayhotstocks.com/
Source: http://wallstreetpr.com/anadigics-inc-nasdaqanad-implementing-strategic-improvements-to-improve-efficiencies-of-operation-18031

Is The Nasdaq 100 Past Its Peak?

Units By Sam Mamudi 2014-03-24T14:34:04Z Email Print Save Nasdaq OMX Group Inc. (NDAQ) expanded the duties of the executive running its European markets to include U.S. venues such as the Nasdaq Stock Market. Hans-Ole Jochumsen will run a new Global Market Services division, which contains Nasdaqs U.S.
Source: http://www.bloomberg.com/news/2014-03-24/nasdaq-expands-nordic-executive-s-role-to-include-u-s-units.html

Stock market live blog: S&P 500, Nasdaq choppy as Dow tries to break out

Alan Lancz, president of Alan B. Lancz & Associates says the market needs a catalyst to break free of its trading range. Many times its something unexpected, he says. 1:39 pm Dow storms into triple-digit gain by Wallace Witkowski Add a Comment The Dow Jones Industrial Average /quotes/zigman/627449/realtime DJIA picked up a returned to a triple-digit gain, rallying 120 points to 16,397 in recent activity.
Source: http://blogs.marketwatch.com/thetell/2014/03/25/stock-market-live-blog-s-home-sales-confidence-reports-on-tap/

Deutsche Boerse’s Eurex is Europe’s largest derivatives exchange, followed by IntercontinentalExchange Group’s NYSE Liffe. In his new role, Jochumsen, who previously headed Nordic transaction services and global commodities for Nasdaq, will take over responsibility for execution services at the exchange, No. 3 in the United States by volume. That job had been held by Eric Noll, who left Nasdaq in November to become chief executive of New York-based brokerage ConvergEx.
Source: http://www.reuters.com/article/2014/03/24/us-nasdaq-market-services-idUSBREA2N1E320140324

Nasdaq reorganizes market services to boost global competitiveness

Mar. 25, 2014 1:25 PM ET | Includes: DUST , QQQ , SDOW , SPXU , SQQQ , SRTY by: Herbert Samuel Jennings Summary Bear x3 ETF volumes have reached all-time-highs (SDOW, SRTY, SPXU, SQQQ). Nasdaq 100 has “rounded the top”. CBO Data, Put:Call Ratios for QQQ have favored shorts for over a month.
Source: http://seekingalpha.com/article/2108123-is-the-nasdaq-100-past-its-peak

Nasdaq Expands Nordic Executive’s Role to Include U.S. Units

And that will do much more for the Apple stock price than an expensive television with razor-thin margins. What do you think Apple is doing with the Apple TV? Will turning it into a gaming console as well as a content aggregator send sales soaring, or will the public ignore it? Speak out on Twitter @moneymorning or Facebook using #appletv. Whatever happens with Apple TV in 2014, the company has yet another new segment of tech it plans to conquer – wearable computing.
Source: http://markets.financialcontent.com/stocks/news/read/26776421/Apple_TV_

Column-bankrupt? How To Get Student Loan Debt Erased

“You’d need to spend at least $5,000,” said Henry Sommer, supervising attorney at Consumer Bankruptcy Assistance Project in Philadelphia and a former president of the National Association of Consumer Bankruptcy Attorneys. The catch is that “if you had $5,000, you would not be eligible for a student loan discharge,” Sommer added. Several recent court decisions have challenged the notion that only the worst-off borrowers, typically those who are permanently disabled, can get education debt erased. The borrowers who won these discharges had low costs, either receiving free legal help or representing themselves. In most cases, borrowers in bankruptcy don’t even ask for help because they figure a discharge of debt is so rare.
Source: http://www.reuters.com/article/2014/03/04/us-column-weston-bankruptcy-colum-idUSBREA2326420140304?feedType=RSS

The Student Loan Scheme Amendment Bill (No 3) is aimed at borrowers who persistently refuse to make repayments. From April 1, Inland Revenue will be able to seek an arrest warrant to deal with serious cases. And those with loan balances of over $45,000 will have their repayment rates increased. The Government wants to claw back millions of dollars in unpaid debt, and says overseas-based borrowers are responsible for 80 per cent of all overdue loan repayments. Tertiary Education Minister Steven Joyce said: “It is important that student loan borrowers meet their obligations to the people who have supported their tertiary study, wherever they are in the world, so we can provide the same support for the next generation of students.” The bill was introduced in August last year.
Source: http://www.stuff.co.nz/national/politics/9799802/Student-loan-bill-passes

Portions of Student Loans are Increasingly Going Toward Non-College Expenses

Bankruptcy attorney Sommer said few borrowers are prepared to argue their cases in court against skilled and often aggressive lawyers representing their creditors. “Most people are not capable of doing that,” Sommer said. “This is full-scale litigation.” The bar is certainly high. A borrower has to prove that repaying his or her student loans would be an “undue hardship.” Typically, that means meeting three tests: a current inability to pay the loans, because doing so wouldn’t allow you to maintain a minimal standard of living given your current income and expenses; a future inability to repay the money, because your financial situation is likely to continue; and a good-faith effort to repay what you owe. In two recent decisions, though, courts granted relief to borrowers who hadn’t made voluntary payments on their debt and who refused to enroll in income-based repayment plans. The appeals court judges in both cases said enrolling would have been pointless given the women’s tiny incomes.
Source: http://finance.yahoo.com/news/column-bankrupt-student-loan-debt-214442820.html

Student loan update: ‘I’m from the government, and I’m here to entice you into debt slavery.’

“Obviously, it’s better not to use it that way if you can help it, because you’re just going to owe that much more later,” says Ms. Merritt, a former bookkeeper. The government lets students use a portion of federal loans for living expenses on the grounds that it allows students to devote more time to studying and improves their chances of graduating. Even when schools suspect students are over-borrowing, they are restricted by federal law and Education Department policy from denying funds. College and university trade groups are pushing legislation this year to set lower maximum loan limits for some types of students, such as part-timers.
Source: http://finance.yahoo.com/news/student-loans-entice-borrowers-more-002100614.html

Student Loans Entice Borrowers More for Cash Than a Degree

Its report said that among online programs at eight universities and colleges, non-education expenses such as rent, transportation and miscellaneous items made up more than half the costs covered by student aid. The report also found the schools disbursed an average of $5,285 in loans each to more than 42,000 students who didnt log any credits at the time. . Even when schools suspect students are over-borrowing, they are restricted by federal law and Education Department policy from denying funds. College and university trade groups are pushing legislation this year to set lower maximum loan limits for some types of students, such as part-timers.
Source: http://blog.acton.org/archives/66463-student-loan-update-im-government-im-entice-debt-slavery.html

Student Loans Are Ruining Your Life. Now They’re Ruining the Economy, Too

The federal government performs no credit checks for most student loans. An article by the Wall Street Journal examines the rampant use of student loans for non-college expenses. It followed a warning by the U.S. Education Departments inspector general last month about the rising popularity of online education, which has led more students to borrow excessively for personal expenses. Its report said that among online programs at eight universities and colleges, non-education expenses such as rent, transportation and miscellaneous items made up more than half the costs covered by student aid, the WSJ reports. In 2011-2012, about a quarter of student borrowers got loans totaling more than their tuition, after grants, how to apply for student loan forgiveness act of 2012 by about $2,500, according to research by Mark Kantrowitz, a higher-education analyst and publisher of the education site Edvisors.com.
Source: http://ecreditdaily.com/2014/03/portions-of-student-loans-are-increasingly-going-toward-non-college-expenses/

There are a range of views on this. My personal view is that the increasing reliance on student loans for financing college education is going to be a drag on consumption for some time. Knowing the kind of debt hell face once he graduates, Rong says he rarely goes to happy hours, and Handel says shes much less likely to get regular haircuts, schedule doctor prompt doctors appointments, or buy the small things that add upand, in aggregate, eventually prop up the economy and drive GDP growth. Its the little things, she says. Putting off a haircut for a long time, getting more makeup, prescriptions, or doctors appointments, the things that I dont even think cost money but end up adding up a lot. Its also become harder and harder to qualify for a mortgage if you have student loans, says Andrew Haughwout, another economist with the New York Federal Reserve. Banks tightened their underwriting standards after recession and are now much less willing to grant house and auto loans at low-interest rates, particularly for graduates with more debt than ever before. Thats slowing down the housing recovery and the construction markets.
Source: http://business.time.com/2014/02/26/student-loans-are-ruining-your-life-now-theyre-ruining-the-economy-too/

Hot Stocks: $anf, $bac, $bbby, $bbry, $cbi

Hot Stocks

BlackBerry Ltd (NASDAQ:BBRY) has sent out a very strong signal that it is not exiting from the smartphone handset business. The company unveiled tow new smartphone models at the Mobile World Congress trade show. One model features the QWERTY keyboard, the http://www.todayhotstocks.com/ companys marquee while the other is a touch screen smartphone. The company was also encouraged by reports that Ford Motor Co.
Source: http://www.livetradingnews.com/hot-stocks-anf-bac-bbby-bbry-cbi-33281.htm

U.S. Hot Stocks: Hot Stocks to Watch

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Source: http://online.wsj.com/article/BT-CO-20140303-709341.html

Canada Hot Stocks: Magna, Osisko, Goldcorp, Capital Power

PSOs 5.69 million shares were traded with an increase of Rs17.16 to Rs360.47 per share. An analyst said PSO results on Friday were better than market expectations and attracted buyers. Maple Leaf Cement also remained the hot stock with an increase of Rs1.31 in its share price. Maple Leaf remained among the top 10 volume leaders with 14.69 million shares with an increase of 4.7 percent to Rs29.19 per share. An analyst said that the share price increased on the expectations for better payouts.
Source: http://www.thenews.com.pk/Todays-News-3-235480-Hot-Stocks

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Source: http://online.wsj.com/article/BT-CO-20140303-706999.html