New Government Program Pays Off Student Loans for Borrowers Who Enter Public Service (Marketwire via Yahoo! Finance)
Student loan borrowers who commit to a decade of public service may see the remaining balance on their federal student loans forgiven under the government’s new public-service loan forgiveness program.
Education Benefits Double to $90,000 Under New GI Bill That Goes Into Effect Today (Marketwire via Yahoo! Finance)
The new Post-9/11 GI Bill, which President Bush signed into law last month, goes into effect today, more than doubling veterans’ educational benefits to $90,000 from about $40,000.
Chapter 11 doesn’t discourage Creditron (Erie Times-News)
Creditron Financial Corp., a 23-year-old Erie company with more than 400 employees, is reorganizing its finances under Chapter 11 bankruptcy protection.
Credit unions: Safe as a banks (CNN Money)
Gerri Willis answers reader’s questions.