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Student loan causes conundrum (Kane County Chronicle) - Dear Mary: A year ago, I decided to become a medical transcriptionist. I had no knowledge of how school loans worked and signed up for a student loan from Sallie Mae for $7,000 with a 12-month deferment on payments. It took 15 months to finish school, so my payments started before I finished school.. A fresh start for overseas student loan borrowers (Scoop.co.nz) - There will be a fresh start for those overseas with student loans under new rules unveiled by Tertiary Education Minister Dr Michael Cullen and Revenue Minister Peter Dunne today.. Tuesday November 14, 2006 By Ruth Berry (The New Zealand Herald) - The Government is moving to close a loophole that has enabled about 40,000 student-loan borrowers living overseas to avoid accumulating interest and late payment penalties on their debts.. Grace period for student loan consolidation is ending soon (Norwalk Advocate) - If you have recent graduates in the family, remind them that they have very little time left to lock in a fixed rate on student loans they want to consolidate. . Managing student loan debt (Newsday) - With the cost of higher education soaring every year, students are often forced to take out larger amounts of federal student loans. Half of all college graduates with loans owe $19,300, up from $12,000 a decade ago. And many are unprepared to write those checks when it comes time to pay back that debt.. Why You Should Consolidate Your Student Loans (Wellsville Daily Reporter) - (ARA) - Graduation is just around the corner for thousands of students, and shortly after they walk down the aisle, many in the Class of 2006 will find themselves facing hardships they didn't anticipate when they began the pursuit of their degree.. Live Wire | High-level security tied to loan checks (The State) - Within the past couple of years I’ve received at least four unsolicited, negotiable checks from various financial institutions, including one large bank. By cashing such a check, an individual assumes the responsibility of a loan and the accompanying payments. I was wondering, could I be held liable for the loan if someone else were to somehow get this check with my name on it and cash it?. 9.15am Tuesday November 14, 2006 (The New Zealand Herald) - The Government had introduced changes to the student loans scheme because it did not want New Zealanders living overseas to accumulate debt and penalties to the point they could not come back, Acting Prime Minister Michael Cullen said today.. Medical Students Still Struggling With Huge Debts, UK (Medical News Today) - The average final year medical student owes more than 21,000 pounds, a BMA survey has revealed.Results from the BMA's annual medical student finance survey show that students graduating this year (1) owe an average of 21,755 pounds - more than the basic pay of their first job as a junior doctor (2). [click link for full article]. Educational Direct Launches New Cash Rewards Program for Student Loan Consolidation Borrowers (PR Web via Yahoo! News) - NEW YORK, NY (PRWEB) November 6, 2006 -- College grads and parents with federal education loans now have an opportunity to cut their monthly student loan payment by consolidating those loans and get a cash reward after making just three initial, consecutive on-time payments..