Yahoo! News: Education News

Obama swings axe at private student lenders (Reuters) Posted: 26 Feb 2009 03:44 PM PST Reuters - The U.S. college student loan business was reeling on Thursday from an unexpected proposal in President Barack Obama's 2010 federal budget to axe the giant federally guaranteed student loan program.

Obama would spend more to make college affordable (AP) Posted: 26 Feb 2009 03:08 PM PST AP - President Obama on Thursday proposed a huge expansion of the government's role in making college more affordable and putting it within reach of more students.

Obama Calls for End to Loan Subsidy for Sallie Mae (Bloomberg) Posted: 26 Feb 2009 01:31 PM PST Bloomberg - Feb. 26 (Bloomberg) -- President Barack Obama is urging an end to government subsidies for student loan providers such as Sallie Mae and Citigroup Inc., with the government becoming the sole provider of federally backed college lending.

Obama Calls for End to Loan Subsidy for Sallie Mae, Citigroup (Bloomberg) Posted: 26 Feb 2009 08:47 AM PST Bloomberg - Feb. 26 (Bloomberg) -- President Barack Obama would end government subsidies for student loan providers such as Sallie Mae and Citigroup Inc., with the government becoming the sole provider of federally backed college lending.

Obama makes health care, education priorities (AP) Posted: 26 Feb 2009 07:29 AM PST AP - As he sends Congress a budget that includes a $634 billion down payment on universal health care, President Barack Obama says quality health care must be a priority for every American.

Finns urged to check Web, curb guns after rampages (Reuters) Posted: 26 Feb 2009 07:00 AM PST Reuters - Finnish authorities should monitor the Internet more effectively and tighten licensing of firearms to prevent more gun massacres in schools, a government commission said on Thursday.

College Acceptance Letters Are Glitzier, but Rejections Are Harsher (U.S. News & World Report) Posted: 26 Feb 2009 06:50 AM PST U.S. News & World Report - College admissions officers are jazzing up their acceptance notifications--sending out fancy certificates, T-shirts, tubes of confetti, or Internet links to videos of fireworks--in an effort to inspire loyalty and lock in commitments from today's fickle and worried high school seniors.

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