News

SOURCE: ed.gov

Concerns raised over excessive borrowing by part-time & distance learning students

Wednesday, April 23, 2014

Federal lawmakers and college financial aid administrators expressed growing concern that some part-time and distance learning students may be over-borrowing and spending their taxpayer-subsidized loans for purposes unrelated…

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Pros & Cons of Income-Based Repayment for Student Loans

Tuesday, April 22, 2014

Income-based repayment has been offered since 2007 as an option to help struggling student loan borrowers avoid delinquency or default by lowering monthly payments to 10% to 15%…

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Senators criticize DOE for renewing Sallie Mae’s college loan servicing contract

Tuesday, April 22, 2014

Democratic Senators criticized the Department of Education’s decision to renew Sallie Mae’s college loan servicing contract even though the company has been under investigation for breaking federal rules…

SOURCE: ipcc.ch via YouTube.com

IPCC: Greenhouse gas emissions continue to accelerate

Thursday, April 17, 2014

A report released by the Intergovernmental Panel on Climate Change this month found that greenhouse gas emissions have accelerated between 2000 and 2010, rising to an unprecedented level. 

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Spotlight: Paycheck Fairness Act

Wednesday, April 16, 2014

Articles: Equal pay bill for women fails in the Senate List of 44 Senators who voted against equal pay for women

GM CEO Mary Barra. SOURCE: commerce.senate.gov

GM CEO Mary Barra non-committal on compensating victims of defective ignition switch

Tuesday, April 15, 2014

General Motors CEO Mary Barra declined to tell Congress whether the automaker will compensate victims of the defective ignition switch, which has been linked to at least 13…

NHTSA's Acting Administrator David Friedman. SOURCE: commerce.senate.gov

NHTSA accuses General Motors of concealing information linking airbag non-deployment to ignition switch defect

Tuesday, April 15, 2014

The National Highway Traffic Safety Administration accused General Motors of concealing critical information linking airbag non-deployment to the ignition switch defect that prompted a recall of more than…

Sen. Claire McCaskill (D-Missouri). SOURCE: commerce.senate.gov

McCaskill questions whether secret settlements obscured extent of GM’s ignition switch problems

Tuesday, April 15, 2014

Although General Motors had known about problems with its ignition switches suddenly turning off as early as 2003, it took the company more than a decade – and…

Timeline of General Motors ignition switch recall

Monday, April 14, 2014

February 2002:  GM approved the production of the (now-recalled) ignition switch even though a dozen performance tests conducted by Delphi Automotive, the parts manufacturer, showed that “the switch…

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Spotlight: General Motors ignition switch recall

Monday, April 14, 2014

Articles: GM CEO Mary Barra non-committal on compensating victims of defective ignition switch NHTSA accuses General Motors of concealing information linking airbag non-deployment to ignition switch defect McCaskill…