Daniel Toole is a 28-year-old architect in Seattle who plans to attend Harvard’s master’s program in urban design. But instead of paying his way with graduate student loans, he is trying to raise money by selling a slice of his future earnings to investors. — nytimes.com
He needs $80,000, even after scholarships and grants. Mr. Toole wants to finance a big chunk of that through a new company called Pave, which connects people like him with “backers.” If he reaches his goal and raises $30,000 from Pave investors, he will pay them 7 percent of his...
The American Institute of Architects (AIA) and the American Institute of Architecture Students (AIAS) today called for Congress to pass legislation that includes architecture school graduates in the same programs that offer other graduates loan debt assistance if they donate their services to their communities and elsewhere. — aia.org
The AIA/AIAS initiative comes as both President Obama this past weekend and likely Republican presidential nominee Mitt Romney today urged Congress to head off a scheduled increase in student loan interest rates this July. Also today, the AIAS released a survey of almost 600 architect school...
For the first eight years of our marriage, [Michelle and I] were paying more in student loans than what we were paying for our mortgage. So we know what this is about.
And we were lucky to land good jobs with a steady income. But we only finished paying off our student loans—check this out, all right, I’m the President of the United States—we only finished paying off our student loans about eight years ago. — Barack Obama
"They put me in handcuffs in that hot patrol car for six hours, traumatizing my kids," Wright said.
Wright said he later went to the mayor and Stockton Police Department, but the City of Stockton had nothing to do with Wright's search warrant.
The U.S. Department of Education issued the search and called in the S.W.A.T for his wife's defaulted student loans.
"They busted down my door for this," Wright said. "It wasn't even me." — centralstockton.news10.net
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