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Graduate of Walsh Institute Of Accountancy (Now Walsh College) Michigan in 1959. Retired in 1987, but still active in the profession **World War II Veteran (Pacific) **PHONE 734-261-1979 **E-MAIL -cpabakem01@yahoo.com **(Domain Name CPASENSE Registered) **Mentioned in the Journal of Accountancy, SmartPros, Tax Prof Blog, CPA2BIZ, CPA Journal, AccountingWEB, CPATrendlines & More **Search Accounting Blogs: http://www.blognetnews.com/accounting (Includes cpasense)**TOPICS - FINANCE - FEDERAL & MICHIGAN TAXES ** Making Sense Of Your Finance & Taxes

Thursday, May 25, 2006

Federal Student Loan Rates Will increase

U.S.students receiving federally backed education loans may see their rates increase by more than 2 percentage points next month, the second straight year of record increases.

It's likely the rate will exceed 7.3 percent after the annual recalculation next month, said the College Loan Corp, a San Diego-based lender. Rates increased about two points last year, the highest gain in 24 years.

CollegeLoanCorp

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Anonymous Anonymous said...

My friend and I were recently talking about how we as a society are so hooked onto electronics. Reading this post makes me think back to that discussion we had, and just how inseparable from electronics we have all become.


I don't mean this in a bad way, of course! Ethical concerns aside... I just hope that as memory becomes cheaper, the possibility of copying our memories onto a digital medium becomes a true reality. It's a fantasy that I daydream about all the time.


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6:03 PM  

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