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Jury convicts Iowa City woman of illegally accessing Obama's student loan records

A federal jury has convicted an Iowa woman of illegally accessing President Barack Obama's student loan records. Jurors on Wednesday found Sandra Teague (teeg) guilty of exceeding authorized computer access. Teague was one of nine people indicted on charges of accessing Obama's student loan records ...

Want to earn a professional degree to advance your career? Read this first

One sign a degree from a for-profit school may not be worth pursuing? You won't be able to repay your student loans after graduating. New data from the Department of Education reveals low repayment rates among recent graduates of for-profit schools, which usually specialize in certificate ...

U.S. to release for-profit school debt data Friday

WASHINGTON (Reuters) - The government plans to release student loan repayment rates for for-profit schools on Friday, identifying institutions by name, as part of efforts to tighten scrutiny of federal student aid. The step underscores how the Department of Education is trying to strengthen links between federal student aid and students' ability to repay loans after completing their education. Federal student ...

Correction: College textbooks story

In an Aug. 8 story about the cost of college textbooks, The Associated Press misidentified a Web site that sells digital textbooks. The site is CourseSmart.com, not CourseMart.com. 81398143&bid=informcom" />

Families spending more on education; people think they're healthier in 'green' buildings

EDUCATION SPEND TRENDS HIGHER: U.S. families are scrambling to pay for the ever-rising cost of their children's college educations, a new survey shows. Families said their spending for education rose 24 percent, on average, to $24,907 during the 2009-10 school year. The biggest chunk ...

Nelnet board declares 3rd-quarter dividend of 7 cents, payable Sept. 15

Nelnet Inc. on Monday said its board declared a third-quarter dividend of 7 cents, even with the prior quarter. The student loan provider and processor said the dividend is payable Sept. 15 to shareholders of record as of Sept. 1. 81343341&bid=informcom" />

Nelnet posts sixfold jump in 2nd-quarter profit on higher fees for servicing loans

Nelnet Inc. said Monday its second-quarter profit rose sixfold on higher revenue from servicing student loans for the government. The student loan provider and processor said its net income leaped to $50 million, or 99 cents per share, from $8.2 million, or 16 cents per share ...

Beware of college rankings and student loans: Avoid costly colleges to graduate debt-free

STUDY HALL: Sure, your kid is gonna rack up an enormous amount of debt over the next four years. But isn't that just the price your coed, or maybe you, has to pay for a good college education these days? Not so, says Zac Bissonnette, a ...

Iowa man pleads guilty in Obama student loan case, trial for 5 others delayed

Another person accused of viewing President Barack Obama's student loan records at a U.S. Department of Education contractor in Iowa has pleaded guilty. Patrick Roan pleaded guilty last week to a misdemeanor. The Iowa City man is scheduled to be sentenced Oct. 12. He ...

Morningstar to put Section 529 college savings plans under bigger microscope with new tools

Picking a 529 savings plan for your child's college education may be about to get easier. Morningstar Inc. is unveiling new research tools designed to simplify the task of weeding out the plans that have gotten increasingly complex even as they become more popular for ...

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