Posts Tagged ‘student loans’

 
There seems to be a slightly brighter light at the end of the tunnel for those of us with student loans. On Friday June twenty ninth, Congress approved legislation that will affect most student’s lives for the next year.
 
With a 74-19 vote from our Senate and a 373-52 vote from our House of Representatives (which make up Congress, keep up with me here), there will no longer be an increase in federal subsidized loan interest rates for the next year.
 
WOO-HOO! Instead of your college loan interests increasing to a jaw dropping 6.8%, your interests will stay at a 3.4%, which doesn’t seem so bad anymore. Not only will this law affect Syracuse University undergraduates but it will also help 7.4 million other students who have Stafford loans.
 
President Barack Obama estimated that this law would help over 6 million students save an average 1,000 dollars in the next year.
 
Although this law will only be affective for the next year, Congress has already begun brainstorming ways to help keep this rate as low as possible when the law expires.
 
So as our President is working his ass off in office to try and help save your money from being taken right out of your pocket, try not to go spend all of your money at Chuck’s this weekend or at flip night Wednesday.
 
Being informed about your student loans will help you save in the future. We don’t want a bunch of poor SU alumni. That wouldn’t make us look so good.
 
-Chelsey Perry
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Virginity going once, going twice…sold! Sounds ridiculous, right? But in New Zealand it actually happened. A 19-year-old girl has auctioned off her virginity on the internet, to the highest bidder, for tuition money.

The police have advised her that what she is doing is unsafe, but technically what she is doing is not considered illegal in New Zealand. The girl has taken an offer that would be equivalent to about 32,000 U.S. dollars.

I do not care how desperate you are for tuition money, what she is doing is completely insane, and the fact that people are actually bidding on this girl’s virginity is sick. Come on, has she ever heard of scholarships? A loan? Or here’s a crazy idea, a job!?

I have no idea how this girl is even going to go to college, because you would have to be stupid or not right in the head to think this idea was a good one. Just think of all of the creepers out there–yikes!

~Brooke Belke