Yahoo! News: Education News

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• Lawmakers press Obama administration on Sallie Mae contract renewal
• The states with the most segregated public schools are epicenters of liberalism
• 7 Reasons to Prioritize Retirement Over Your Child's Education

Lawmakers press Obama administration on Sallie Mae contract renewal Posted: 27 Mar 2014 04:23 PM PDT By Elvina Nawaguna WASHINGTON (Reuters) - U.S. lawmakers on Thursday grilled an Obama administration official on the government's decision to renew a contract with student loan servicing company SLM Corp, the subject of numerous government investigations. "Sallie Mae has repeatedly broken the rules and violated its contracts with the government, and yet Sallie Mae continues to make millions on its federal contracts with the Department of Education," Warren said of SLM, popularly known as Sallie Mae. A spokeswoman for Sallie Mae, Patricia Christel, commented in an email to Reuters: "Americans with federal loans serviced by Sallie Mae are 30 percent less likely to default than others. Sallie Mae, the largest U.S. student loan provider, serviced 5.7 million student loan accounts on behalf of the U.S. Department of Education as of December 2013, according to a company spokeswoman.

The states with the most segregated public schools are epicenters of liberalism Posted: 27 Mar 2014 09:16 AM PDT The state with the most segregated public schools is New York. Other states with exceptionally segregated schools include California, Illinois and Michigan. These findings come from a longitudinal study of enrollment figures conducted by the Civil Rights Project at the University of California at Los Angeles, The Associated Press reports. New York, California, Illinois and Michigan are traditionally among the most reliably Democratic states in the union, as an interactive 2012 map created by Slate shows.

7 Reasons to Prioritize Retirement Over Your Child's Education Posted: 27 Mar 2014 07:30 AM PDT If you have children, you most likely wonder whether to prioritize their higher education or your own retirement savings. If you can't save for both, here is why saving for retirement should be the first priority for most parents: There are a myriad of financial aid options for college students. They can apply for federal student aid, grants and a variety of scholarships.

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