Yahoo! News: Education News

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• Student loan write-offs hit $3 billion in first two months of year
• Union: Hawaii teachers vote on contract in April
• Rethinking Bernanke, and the Fed's Power

Student loan write-offs hit $3 billion in first two months of year Posted: 25 Mar 2013 04:11 PM PDT By Elvina Nawaguna WASHINGTON (Reuters) - Banks wrote off $3 billion of student loan debt in the first two months of 2013, up more than 36 percent from the year-ago period, as many graduates remain jobless, underemployed or cash-strapped in a slow U.S. economic recovery, an Equifax study showed. The credit reporting agency also said Monday that student lending has grown from last year because more people are going back to school and the cost of higher education has risen. ...

Union: Hawaii teachers vote on contract in April Posted: 25 Mar 2013 12:34 PM PDT Hawaii's teachers union has set an April 17 date to vote on a new contract.The vote comes after a tentative deal was reached over the weekend between the Hawaii State Teachers Association and the state.Union ...

Rethinking Bernanke, and the Fed's Power Posted: 25 Mar 2013 08:50 AM PDT I recently found out that Federal Reserve Chairman Ben Bernanke will be speaking at my youngest child's college graduation ceremony. If I can get over the relief of having written my last college tuition check--there were four sets--I'll be listening especially closely for a hint of how monetary policy may evolve and how investors should prepare. Of course, I won't get any. ...

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