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Report: College students relying more on credit cardsupdated: Sun Apr 19 2009 19:18:00

College sophomore Nick Philliou admits he's not in the best financial shape these days.

College students rack up debtupdated: Sun Apr 19 2009 19:18:00

A new study shows some college students are accumulating record credit card debt. CNN's Elaine Quijano reports.

CNNMoney: Defaulting on your student loan?updated: Fri Apr 03 2009 10:26:00

An increasing number of students aren't making their student loan payments according to the Department of Education.

CNNMoney: What an interest rate cut means to youupdated: Wed Oct 29 2008 13:01:00

The Federal Reserve is expected to cut interest rates today. That would be the ninth consecutive rate cut this year. Here's what this means to your wallet. Putting College Tuition on Plasticupdated: Wed Aug 20 2008 03:00:00

Many parents and students are making the mistake of paying for higher education with the help of credit cards

CNNMoney: Sallie Mae snafu causes credit scores to sinkupdated: Wed May 14 2008 14:38:00

As many as 1 million borrowers from Sallie Mae, the nation's largest student lender, may have seen their credit score plunge overnight after a coding error made some student loan repayments appear delinquent.

CNNMoney: Why student loan business turned badupdated: Fri Apr 25 2008 12:54:00

For years, financial firms made good money making government-guaranteed loans to college students.

CNNMoney: Student loan turmoil stresses familiesupdated: Tue Apr 15 2008 17:08:00

Paying for college is rarely easy, but this year parents and students could have a tougher time securing the necessary financing.

CNNMoney: Loan crisis goes to collegeupdated: Fri Feb 15 2008 12:12:00

The credit crunch is hitting the college classroom.

Fortune: When a deal is no longer a dealupdated: Mon Jan 28 2008 13:45:00

Alliance Data Systems is the latest victim of the buyout bust - but it won't be the last.

CNNMoney: Stocks hurt by Pakistani turmoilupdated: Thu Dec 27 2007 12:22:00

Stocks continued to decline Thursday as events in Pakistan stoked geopolitical concerns and mixed economic reports highlighted worries about the domestic economy.

CNNMoney: Stocks stumble on Pakistani strifeupdated: Thu Dec 27 2007 11:18:00

Stocks slumped Thursday as investors mulled geopolitical concerns and reports on oil inventories, consumer confidence and factory orders.

CNNMoney: Wall St. pushes ahead at openupdated: Tue Nov 06 2007 09:31:00

U.S. stocks edged higher Tuesday as investors took a breather from credit crunch worries.

CNNMoney: Stocks look to reboundupdated: Tue Nov 06 2007 08:34:00

Investors appeared ready Tuesday to shrug off the recent wave of credit worries and oil once again near record highs, as stocks were poised to open higher.

Fortune: Sallie Mae: Who'll get schooled?updated: Wed Oct 31 2007 12:34:00

Aren't supersmart people oh-so-seductive? They've figured out all the angles - haven't they? But sometimes even the supersmarts could use a little schooling.

CNNMoney: Stocks gain ground at startupdated: Tue Oct 09 2007 09:32:00

U.S. stocks rose early Tuesday as investors were cautiously bullish ahead of the start of the earnings reporting period.

Fortune: Sallie Mae's high-stakes standoffupdated: Tue Oct 02 2007 14:41:00

Could we soon see a rival bid for Sallie Mae, the student loan company that's in a nasty public scrap with J.C. Flowers, J.P. Morgan and Bank of America, the three Wall Street titans that agreed this spring to purchase Sallie for $25 billion?

CNNMoney: Stocks poised to extend rallyupdated: Thu Sep 27 2007 08:37:00

U.S. stocks were set to trade higher at Thursday's open, with investors awaiting a slew of economic readings and interested in talk concerning troubled Wall Street bank Bear Stearns.

CNNMoney: Stocks end with a gainupdated: Thu Sep 27 2007 06:22:00

Stocks climbed Thursday, as investors bet that a big drop in new home sales and a weak reading on GDP growth will make the Federal Reserve more likely to cut interest rates further.

CNNMoney: Stocks manage gainsupdated: Thu Sep 27 2007 03:41:00

Stocks inched higher Thursday, as investors bet that a big drop in new home sales and a weak reading on GDP growth will make the Federal Reserve more likely to cut interest rates further.

CNNMoney: Buyers want out of $25B Sallie Mae dealupdated: Thu Sep 27 2007 01:45:00

A group of investors that had planned to buy student lender Sallie Mae for $25 billion now wants out of the deal, saying the current economic environment and legislation signed by President Bush on Thursday make the terms no longer acceptable.

CNNMoney: Buyout firms: pain today, gain tomorrowupdated: Wed Sep 26 2007 22:02:00

The private equity business may be in the midst of a slowdown, but buyout firms are likely to benefit as tougher market conditions force them to train a sharper eye on which companies they buy, according to an industry study.

CNNMoney: Stocks lifted at openupdated: Wed Sep 26 2007 21:32:00

U.S. stocks gained ground in early Thursday trading as investors cheered some economic reports and awaited key data on new home sales.

CNNMoney: Investors may back out of Sallie Mae dealupdated: Wed Sep 26 2007 06:29:00

The planned $25 billion buyout of student lender Sallie Mae was thrown into jeopardy Wednesday after the investors said terms of the deal were no longer acceptable.

CNNMoney: Doubt cast on Sallie Mae dealupdated: Thu Sep 20 2007 07:09:00

The group that agreed to buy Sallie Mae for $25 billion is seeking a lower price for the college loan provider, according to a published report.

CNNMoney: Sallie Mae approves $25B takeoverupdated: Wed Aug 15 2007 03:01:00

Student lender SLM Corp., commonly known as Sallie Mae, said Wednesday its shareholders approved the acquisition of the company by J.C. Flowers & Co., Bank of America Corp. and JPMorgan Chase & Co.

CNNMoney: Credit turmoil throws deals in jeopardyupdated: Fri Aug 10 2007 06:07:00

The market is growing more skeptical that already announced buyout deals will get done, another sign of the growing cloud over private equity.

CNNMoney: Sallie Mae profit gains on derivatives valueupdated: Mon Jul 16 2007 23:36:00

Student loan company Sallie Mae, whose proposed buyers are now threatening to call off their purchase, said Tuesday that second-quarter earnings rose 33 percent, helped by increases in the value of some of its derivatives.

CNNMoney: Sallie Mae not? $25B deal threatenedupdated: Wed Jul 11 2007 04:14:00

SLM Corp., commonly known as Sallie Mae, said Wednesday the group that agreed to buy the student loan firm for $25 billion told it that current legislative proposals could threaten the deal.

CNNMoney: Stocks struggle to stay higherupdated: Wed Jul 11 2007 03:21:00

Stocks attempted to hold onto early gains Wednesday afternoon amid renewed subprime fears while investors awaited the latest quarterly earnings.

Fortune: Sallie Mae's private sideupdated: Mon Apr 30 2007 06:50:00

The lure for private-equity firm J.C. Flowers' $25 billion buyout of student-loan giant Sallie Mae may be its fast-growing and lucrative business providing private education loans -- loans that exi...

Money Magazine: Student loans: Don't get burnedupdated: Mon Apr 16 2007 15:36:00

For students who plan to borrow for college, choosing a lender has become a lot more complicated.

Fortune: The surprising profits of student loansupdated: Mon Apr 16 2007 14:00:00

Late Sunday night, student loan giant Sallie Mae, or SLM Corp. as the company is officially known, became the latest major American corporation to succumb to the advances of private equity. Sallie will be sold to a consortium of two private equity firms - JC Flowers and Friedman Fleischer & Lowe - and two banks that have their own student loan businesses - JP Morgan and Bank of America - for some $60 a share, or $25 billion. That represents a premium of almost 50 percent based on Sallie's stock price before word of the deal began to leak.

CNNMoney: Dow jumps 100 on dealsupdated: Mon Apr 16 2007 13:33:00

The Dow held onto a near 100-point gain as the stock market eased slightly in early afternoon after posting strong gains straight after the open, fueled by a solid start to the earnings season and deals for Sallie Mae and DoubleClick.

CNNMoney: Deals drive the Dowupdated: Mon Apr 16 2007 11:17:00

The Dow jumped about 100 points Monday as a solid start to the earnings reporting period and deals for Sallie Mae and DoubleClick fueled a powerful rally on Wall Street.

CNNMoney: Deals let loose the bullsupdated: Mon Apr 16 2007 11:00:00

Major deals for Sallie Mae and DoubleClick fueled a stock rally Monday as investors also digested a stronger-than-expected reading on March retail sales.

CNNMoney: Sallie Mae may be in buyout talksupdated: Fri Apr 13 2007 07:06:00

Sallie Mae, the largest U.S. student loan company, might be in talks for a private equity buyout worth more than $20 billion.

CNNMoney: How to find a home or get a college loanupdated: Fri Jan 19 2007 11:34:00

Question 1: Next year, we'll be in the market for a home. Please cite any sources I might find useful to help me start my search. - Stephen, Minneapolis

Fortune: Back to schoolupdated: Tue Nov 28 2006 13:54:00

In the corporate world, there's a short list of obvious suspects who may face tougher times under a Democratic Congress, including Big Pharma and Big Oil. Then there are the not-so-obvious suspects...

Fortune: Dems: make student loans student friendlyupdated: Mon Nov 13 2006 11:50:00

In the corporate world, there's a short list of obvious suspects who may face tougher times under a Democratic Congress, including Big Pharma and Big Oil. Then there are the not-so-obvious suspects - like what might be called Big Education.

CNNMoney: Student loan mythsupdated: Wed Jun 28 2006 11:18:00

The deadline to consolidate your student loans is two days away...Friday, June 30th.

CNNMoney: Sallie Mae: A hot stock, a tough lenderupdated: Wed Dec 14 2005 14:28:00

For millions of Americans, the first big financial decision in life is whether to take on a student loan. Student loans are debt, of course, but they represent something different than credit card debt or a car loan: They are part of a quest for a better future.

CNNMoney: Smart gifts for your gradupdated: Fri May 20 2005 13:31:00

We're coming up on a major graduation weekend, and of course many families are wondering what to give their graduate. A copy of "Oh, the Places You'll Go" by Dr. Seuss is great, but it won't really prepare them for the real world. And the real world is coming.

CNNMoney: Fraud probe at Sallie Maeupdated: Tue Oct 26 2004 07:03:00

The California attorney general's office is looking into allegations of consumer fraud at student loan financing firm Sallie Mae, according to a report published Tuesday.

CNNMoney: Taking care of your debtsupdated: Wed Jun 16 2004 13:28:00

It's the end of the school year. The good news? It's the end of the school year. The bad news? It's time for college graduates to begin paying back student loans.

CNNMoney: Higher rates? Not on student loansupdated: Tue May 11 2004 15:00:00

NEW YORK (CNN/Money) - Many Fed watchers anticipate a rate hike by summer and a gradual rising of rates in areas that directly affect consumers. But in at least one rate-sensitive area, interest rates will be setting yet another record low.

Fortune: The Return of the FORTUNE 40 The good news? Last year's portfolio beat the market. The better news? We have a updated: Mon Jun 16 2003 00:01:00

Beat the market. That, of course, is the goal of every investor, from midlevel managers trying to goose their IRA's returns to hedge fund managers trying to master the universe. In the pages that...

Money Magazine: Briefly...updated: Sun Jun 01 2003 00:01:00

AUTO INSURANCE Premium hikes this year may average 9% nationally. But there is some good news, says Hussein Enan, chairman of insurance shopping site He forecasts that increases will sl...

Money Magazine: Grab Today's Shrinking Student-loan Ratesupdated: Mon Jul 01 2002 00:01:00

Interest rates on federal student loans are dropping dramatically on July 1, giving new borrowers, as well as those already repaying loans, a great chance to lock in a low rate--the lowest since to...

Money Magazine: What Else To Refinanceupdated: Tue Jan 01 2002 00:01:00

Mortgages aren't the only loans you can refinance. In today's falling-rate environment, car and student loans have become candidates as well--but only for certain borrowers. Here's what you need to...

Money Magazine: Keep Your Child's College Aid On Trackupdated: Tue Feb 01 2000 00:01:00

Between now and March, parents of many current and future college students will fill out a critical financial aid form: the Free Application for Federal Student Aid (FAFSA), which is required for a...

Money Magazine: New Ways To Finance Adult Classesupdated: Tue Jun 01 1999 00:01:00

Are you thinking of going back to school to refresh your computer know-how or enrolling in a financial planning course to acquire new skills? Does the idea of earning your M.B.A. online intrigue yo...

Money Magazine: A New Way To Pay For Private Schoolupdated: Thu Apr 01 1999 00:01:00

Most of us can easily justify 10 years or more of student-loan payments on the grounds that a college education will pay off. But how about first borrowing for the benefits of a private elementary ...

Money Magazine: Beyond The Consolidation Hazeupdated: Mon Jun 01 1998 00:01:00

If you're looking for a way to cut student-loan costs, and the buzz about loan consolidation has left you confused, that's understandable. Over the past nine months, the business of consolidating s...

Money Magazine: Good News About Student Loansupdated: Sun Feb 01 1998 00:01:00

In the November issue we told you that the overloaded Department of Education had stopped accepting applications to consolidate government-backed student loans. Consolidation can help cash-strapped...

Money Magazine: THE BEST LOW-COST LOANS TO HELP PAY FOR COLLEGEupdated: Sat Jun 01 1996 00:01:00

THIS MONTH: --"Smart cards" aren't that smart yet --Why you should join a credit union now --Whether to swing at a bank's insurance pitch


YOU CAN BE PRETTY sure that Mick Jagger, one rock relic the Gen X crowd really digs, wasn't crooning about personal finance when he sang, "Time is on my side." But time is one of the two things twe...


WITH TUITION RISING ABOUT 6.5% A year and Congress assaulting federal financial aid, you might wonder whether your son or daughter can graduate from college without a ball-and-chain debt to drag th...

Fortune: BOTTOM-TROLLING FOR VALUEupdated: Mon Mar 20 1995 00:01:00

Nick Whitridge, 57, spent a year near the ocean's bottom as a Navy submariner. Now, as manager of the $140 million Babson Value Fund, he shows a knack for scouring the bottom of the market to find ...

Money Magazine: The Best Ways to Borrow What You Need For help in meeting tuition bills, you and your child can choose from a updated: Fri Sep 16 1994 00:01:00

When savings and financial aid fall short of your child's college costs, you can usually borrow the difference. (See the table below for your best loan choices.) Before you do, however, carefully c...

Money Magazine: CAN WE HELP A RETARDED CHILD WITHOUT CUTTING HER BENEFITS?updated: Thu Jul 01 1993 00:01:00

Q. Our 24-year-old retarded daughter recently moved into an apartment with another disabled woman. Both receive Supplemental Security Income (SSI) and Medicaid. How can we leave her some of our est...

Fortune: ARE THESE FALLEN-ANGEL STOCKS READY TO FLY AGAIN?updated: Mon Apr 05 1993 00:01:00

When Icarus flew too close to the sun, we all know what happened. Some high- flying Wall Street stocks seem also to have had wings of wax lately. Shares with a history of tremendous earnings gains,...

Fortune: FINDING BUYS WHEN STOCKS ARE HIGH With the Dow way up there and the economy crawling, investors shouldn't just updated: Mon Oct 26 1992 00:01:00

QUITE A FEW investors, remembering how the Dow Jones industrial average leaped 20% in 1991, took to the stock market dance floor this year expecting to boogie. Yet despite falling interest rates an...

Money Magazine: GETTING THROUGH THE LOAN MAZEupdated: Fri May 01 1992 00:01:00

Here's what to do if you want to apply for a federally insured student loan, or if you already have such a loan and are either seriously behind in your payments or have defaulted: -- If you want a ...

Money Magazine: WHAT YOUNG COUPLES WANT FIRST HOME FEWER DEBTSupdated: Sun Mar 01 1992 00:01:00

Last July, shortly after Lauren Davis, 33, and David Toups, 29, became engaged, they decided to reverse the traditional order of nuptial events by buying the nest before cooing ''I do.'' The New Or...

Money Magazine: TIGHT TIMES FOR 20SOMETHINGS Today's 20- to 29-year-olds have had some bum luck. But that's still no excuse for their ignorance updated: Thu Aug 01 1991 00:01:00

Whoever said that youth is wasted on the young hasn't been hanging out with people in their twenties lately. Jobs are scarce; two-thirds of the undergraduate class of '91 left campus without full-t...

Money Magazine: UNPREPARED IN SENIOR YEAR Hurry up and shop for tuition deals and loansupdated: Fri Sep 01 1989 00:01:00

With your budding scholar just one year away from introductory astrophysics, you may now be contemplating a new definition of infinite: the distance between the amount of money you have on hand to ...

Fortune: LOWER-RISK BETS ON A RESURGENT BUCKupdated: Mon Apr 10 1989 00:01:00

The dollar may stay down for a while, but that's just when long-term speculators sniff opportunity. Some are buying currency exchange warrants, which are the equivalent of bite-size call options on...


Growth companies, those prized greyhounds of the capitalist system, awe investors a lot less than they used to. The premium paid for their stock has shriveled, and therein lies a buying opportunity...

Money Magazine: ZERO-COUPON BONDS: LOVELY FOR SAVERS, LIVELY FOR SPECULATORSupdated: Thu Sep 01 1988 00:01:00

Imagine an investment that produces wide swings in value in the course of a week or even a day but at the same time lets you lock in a predictable rate of return. This seemingly paradoxical investm...


Lending money to needy college students may not sound like an easy way to make big profits, but the Student Loan Marketing Association -- Sallie Mae, for short -- has prospered at it. During the pa...

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