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Save by Consolidating College Loans U.S. Education Department's has issued a press release recommending borrowers could save money by consolidating college loans. New interest rates become effective July 1st as student loan interest rates are adjusted annually according to a formula based on the interest rates of the 91-day Treasury bills. Through loan consolidation, multiple outstanding student loans are combined into a single loan, and the interest rate is fixed for the life of the loan. Under the William D. Ford Federal Direct Student Loan Program, the consolidation rates are based on the weighted average of the borrower's underlying loans rounded up to the nearest one-eighth of a percentage point. SFA helps about 8.5 million Americans through school each year and administers student loans and grants totaling about $50 billion a year. To find out more about this article, please visit the web site of Direct Consolidation Loans Information Center at http://www.loanconsolidation.ed.gov
Teachers Join the Internet Generation While all full-time, regular public school teachers are now connected to the Internet, two-thirds of the teachers feel that thy are not prepared adequately to teach the new technology to their students. A newly released survey - TEACHER USE OF COMPUTERS AND THE INERNET IN PUBLIC SCHOOLS…conducted by the Education Department's National Center for Education Statistics…shows that teachers with more than 32 hours of professional development are twice as likely to use computers as are teachers with no such training. The report also points out that teachers in high-poverty schools have less computer access than those working in more affluent areas. U.S. Secretary of Education, Richard W. Riley is a strong proponent of providing $150 million in 2001 funding to help prepare teachers to effectively use the ever-evolving technology.
To view other highlights of the survey visit National Center for Education Statistics
Education IRA Maximum nondeductible contribution is $500 per child per year. For the benefit of a child younger than age 18.
Maximum contribution amount is lowered if a contributor's adjusted gross income (AGI) is between:
- $95,000 and $110,000 for individual returns
- $150,000 and $160,000 for joint returns State Sponsored College Savings Plans If you have children who you hope will attend college, you have probably tried to get a sense of the projected cost of education for the year that your child will turn 18. Once the sticker shock wears off, you probably realized the following: You need to begin saving for your child's college education as early as possible
You need to try to set aside a certain amount of
money on a monthly basis or you won't have nearly enough
money saved when it's time to pay for your child's
college
Why Taxation is Like Hard-time Coding When I sit down to do tax preparation, I'm doing something a lot like coding. I'm taking a specific situation and using a specialized language to convert it into an executable form (a "return") in the hope that it will yield an anticipated result (a "refund"). Mostly I know the language, but every now and then I have to drop everything and go look up some obscure command parameters.
Work in high school and be employed in the future Increasing the weeks spent working while school was in session when a student is aged 16-17 is associated with increasing that individual’s weeks worked during the following 13 years. more... Information on 9 000 Colleges Universities and Career Schools Online The U.S. Education Department has a new web site for students navigating the maze of college or career training regarding programs, costs and academic information. COOL College Opportunities On-Line was built and is managed by the U.S. Education Department of National Center for Education Statistics. At a press conference on March 24th, U.S. Education Secretary Richard W. Riley said "The department's COOL website is a great starting point," Riley said. "There's a wealth of information available at the click of a mouse -- free and easy to use. It can help students become better consumers when choosing the college or training program that's right for them." COOL is searchable by criteria such as geographic region, state or outlaying area, city, type of institution (i.e. public, 4 year), instructional programs, name and students enrolled. Visit the following web sites for more information about this article: U.S. Education Department National Center for Education Statistics. |
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