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Financial Aid

NEWS
October 31, 2011 | By Michelle Singletary, Washington Post Writers Group
WASHINGTON - If I had a dollar for every college student who didn't know what their student loan payments would be after they graduated, I wouldn't have to spend a single penny of the money I've saved to send my children to college. I've long been disturbed by the number of students and families who only home in on how much they've borrowed for school once the payments come due. It would be like buying a house and not knowing what your monthly mortgage payment would be until after you've moved in. But soon, families might finally be able to get clear and upfront information on what college costs and what their debt will be. The Consumer Financial Protection Bureau and the Department of Education have teamed up to launch the "Know Before You Owe" student loan project.
NEWS
September 12, 2011 | By Will Weissert and Ramit Plushnick-Masti, Associated Press
BASTROP, Texas - The number of homes destroyed by a Texas wildfire has risen to 1,554 and is expected to further increase as firefighters enter more areas where the blaze has been extinguished, officials said Sunday. Seventeen people remain unaccounted for. Bastrop County officials sought to provide new information to hundreds of residents evacuated from their homes a week ago, when high winds whipped up by Tropical Storm Lee swept across parched, drought-stricken Texas, helping to spark more than 190 wildfires.
NEWS
July 22, 2011 | Staff Report
Chi Institute has agreed to pay $1.6 million to resolve allegations the for-profit school in Broomall failed to provide students with an educational program it had promised, according to the U.S. Attorney's Office. The settlement resolves allegations raised by a whistle-blower about a Chi program at its Broomall campus for a surgical technology diploma. The allegations said that CHI misled students and the federal government about the number of spots available for field training necessary for students to graduate from the program.
NEWS
June 13, 2011 | By Art Carey, Inquirer Columnist
Edwin Blakeney's bulk was a virtue when he was a defensive tackle at Conestoga High School. Not many other suburban boys weighed 295 pounds. He was just what a lineman should be - massive and immovable. He continued playing football for the semipro Upper Darby Sharks until a torn meniscus sidelined him. By then he had learned a trade and was shearing locks at a barber shop in West Philadelphia. As a boy, he was chubby but active. He played sports, raced around on dirt bikes, lifted weights.
NEWS
May 10, 2011
The school will be renamed the Raymond and Ruth Perelman School of Medicine at the University of Pennsylvania, according to a letter sent to the Penn community Tuesday night by President Amy Gutmann and David Cohen, chair of Penn's board of trustees. "This is a transformational time for the School of Medicine and for the University," read the letter. "We are deeply grateful to Raymond and Ruth Perelman for helping us make history, and we are emboldened by the trust that they have shown in the future of medicine at Penn.
NEWS
May 2, 2011
By Timothy R. Lannon Gov. Corbett's controversial cuts in assistance to colleges and universities point to a new model for funding higher education in Pennsylvania. As the governor has suggested, the commonwealth must attach more of its dollars to students and families, not individual institutions. Without such a shift, the proposed cuts to Pennsylvania's colleges and universities - especially public institutions - would be burdensome indeed. Higher tuition costs would limit access to a college education among low- and middle-income students at a time when the opposite has to occur.
NEWS
April 30, 2011 | By Vernon Clark, Inquirer Staff Writer
Joseph J. Maksin, who built a successful insurance company in South Jersey, always remembered where he came from. Maksin, who died in December at 82, grew up in Philadelphia's Fairmount section during World War II. He walked to Roman Catholic High School at Broad and Vine Streets to gain the education that would serve him as he achieved career success. On Friday, in front of dozens of students in the school's library, Maksin's son, Joseph Jr., and school officials announced that the late businessman, who graduated from Roman in 1946, bequeathed to the school $500,000, the second-largest gift in its 121-year history.
BUSINESS
April 24, 2011 | By Gail MarksJarvis, Chicago Tribune
Do you dare say "yes" to that college waiting to hear if you, or your child, will join the freshman class this fall? With the deadline approaching, you might be hesitant, terrified by the price tag. Dropping $20,000 to $50,000 a year for anything would be intimidating. But it doesn't have to be. The price might not be as bad as you think. Here's how to know: Is that deal final? Although colleges have sent letters outlining what parents and students are expected to pay, colleges will often sweeten the deal if you ask. So look over the college's offer.
NEWS
April 2, 2011 | By Aaya Kingsbury, CENTRAL HIGH SCHOOL
Don't look now, but the economy has been improving, slowly but surely. Of course, that depends on whom you talk to. Economists may tell you we've turned the corner and that we face better days. An unemployed head of a household may still see very gloomy skies overhead. Somewhere in the middle is Sara Kline. An associate economist for Moody's Analytics in West Chester, Kline told participants of the Acel Moore Career Development Workshop that they should stay positive about their futures and that, in due time, the economy will turn around.
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