Archive for October, 2011

MillionDollar$ cholar LLC Releases Book To Help College Students Win Scholarships and Reduce Debt











MillionDollar$ cholar: Winning The Scholarship Race


Atlanta, GA (PRWEB) September 06, 2011

MillionDollar$ cholar has provided scholarship workshops and scholarship application consulting to high school students and parents across the United States. In addition to these services, MillionDollar$ cholar is now offering its first book publication to help high school and college students reduce educational debt.

West Mountain Increases Short Position on For-Profit Educators as Industry Prospects Dim












Atlanta, GA (PRWEB) October 28, 2011

West Mountain, an Atlanta-based asset manager, announced today that it has increased its exposure to the short side of US for-profit education companies in its flagship investment vehicle. “Think of the student loan industry as the next housing bubble”, says Paul Alar, Managing Director of West Mountain. “Government programs increase the ability to purchase an asset (a home/an education), driving the asset’s price upward”, he continues. “Soon, the market for the asset becomes super-saturated and it collapses due to lack of demand, leaving borrowers unable to repay loans. This, in the case of student loans, has been exacerbated by the sub-prime housing debacle and the resulting high unemployment rate”.

Public Banking Institute Executive Director Marc Armstrong spoke at Occupy Philly on October 17th about forgiving student loans.
Video Rating: 5 / 5

Bootcamp To Teach Alternative Property Investment Strategies In The Face of NSW Government Stamp Duty Changes













Property Investment Innovator, Rick Otton


Sydney, Australia (PRWEB) September 14, 2011

Home ownership is the dream of every Australian. However uncertain economic times have resulted in traditional lenders tightening their mortgage approval guidelines and borrowers seeking other property options. Now the NSW government has made the situation even tougher, believes real estate investment specialist, Rick Otton.

Q&A: How to consolidate my student loans?

Question by Allen: How to consolidate my student loans?
What is currently the best way to consolidate my student loans? I’ve graduated and my loans are now in repayment. I’ve contacted my lender and they told me they don’t consolidate student loans anymore so I have to look elsewhere. Which service should I choose, and why? Thanks.

Best answer:

Answer by Rain
If you got these loans from the government then you just need to go to www.loanconsolidation.ed.gov.

Just make sure you have all the info you need – like the account numbers for each loan.

Question by Dana: Where can I get a no credit check student private loan?
The title says it all, I need to find a place to get a no credit check private student loan for living expenses.

Best answer:

Answer by Found-1
No such thing. Sorry.

Give your answer to this question below!

Red Mortgage Capital Completes $ 19.9 Million Permanent Financing for Three Bridge-to-HUD Loans











Christian R. Mauger, Senior Managing Director, Red Capital Partners, LLC


COLUMBUS, OH (PRWEB) October 27, 2011

Red Mortgage Capital, LLC provided permanent financing for three assisted living senior communities in north-central Ohio utilizing FHA Section 232/223(f) mortgage insurance and Ginnie Mae Mortgage Backed Securities (“GNMA MBS”). The FHA insured loans paid off interim financing that related entity Red Capital Partners, LLC had provided to facilitate acquisition of the properties by New York City-based Premier Senior Living, LLC (“Premier”), a privately-owned owner/operator of seniors housing.

Question by verry_cherry_chica: Does anyone know of any private student loans for people with bad credit?
I am trying to get a private student loan. I got one last year, with a cosigner, and now, using the same cosigner, they are denying me! They are saying that my cosigner is now “uncreditworthy.” If anyone knows of a private, non-TERI loan for someone with bad credit, PLEASE LET ME KNOW! I already had to forfeit this quarter because I can’t get any money!

Best answer:

Answer by Ms_Vy
http://www.salliemae.com

Know better? Leave your own answer in the comments!

It’s the Economy: More than 1 in 4 Young Americans 18-29 in Generation Opportunity Poll Say They Will Delay Repaying Student Loans and Other Debt Due to Poor Economy












Washington, DC (PRWEB) October 27, 2011

With student loan repayment receiving much attention, the crux of the issue is joblessness. The long duration of a poor US economy with near zero job growth is continuing to take a deepening toll on young adults. Faced with the highest joblessness since the end of World War II, young Americans are forced to deal with an increasingly limited number of opportunities for jobs and are delaying major financial and life decisions based on the economy – 27% say they will delay paying off student loans or other debt due to economic factors.

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