July 1, 2008

July quick hits

The midsummer feeling of wanting to be on vacation (staycation, anyone?) has hit us, so here are few links to check out while we, er, check out for the month:

-Above The Law has an open thread about student loan debt (focused on lawyers, but applies to all borrowers).

-Some teachers in Montana will be getting their loans paid off by the state.

-Considering the cloistered life? Financial assistance for religious vocations.

-A story on student debt from In These Times: "'To leave college and enter the real world with such grave debt is a setup for failure,' says [a former Columbia College Chicago film and video major]. 'What good are well-educated kids who, right out of the cradle, have major financial obligations before most own a house, a car or know where the nearest grocery store is?'"

-A new law could help you get some debt forgiveness if you work in public service.

-Oh poor Sallie Mae - can't afford to consolidate loans anymore. But wait, Sallie Mae spent more than $1.4M lobbying in the first quarter of 2008. Priorities, Sallie Mae, priorities!

-Yet another armchair financial advisor who thinks that anyone who dares to complain about usurious lenders is a whiner.

Student loan debt clock: $539 billion.

June 6, 2008

Attention Non-Profits (And Non-Profit Job Seekers)

Idealist, our favorite non-profit job site, is giving away free job postings for the month of June:

"Here is the story. Posting a job on Idealist usually costs $60 (we are a nonprofit ourselves, and this small fee keeps us afloat) but starting today, and through the end of June, all job postings on Idealist are free for any nonprofit organization.

We are doing this so that any organization can try us at no cost, and our ultimate goal is to bring you every nonprofit job that’s open around the country (as well as internships and volunteer opportunities, which are always free)."

Check it out.

May 23, 2008

Of crises and bailouts

-The credit crisis is still, er, crisising!

-And the government (the President, Congress, the Fed) is still working on bailing lenders out.

-The source of the woes of most borrowers? The interest on their loans, which really adds to your student loan tab. Yeah, student loans are not such good debt to have.

-Loan help for Massachusetts physicians and nurse practitioners.

-If living a life of debt isn't enough for you, check out the film Maxed Out on Showtime to see it on screen.

Student loan debt clock: $534 billion. Wow!