Vectors and 3D Models
Local Search - Finance
Weather Information
Get the App for Smartphones and Tablets

Go Back


WhmSoft Free Articles Directory
Free Articles for Reprint
Free Articles to Publish
Free Articles for Newsletters
Videos to Watch


Page Generation Date and Time:
10/22/2017 08:19:36

 
Free the Animation VR / AR
Play to reveal 3D images and 3D models!
 
Android app on Google Play
 
vlrPhone / vlrFilter
Project of very low consumption, radiation and bitrate softphones, with the support of the spatial audio, of the frequency shifts and of the ultrasonic communications / Multifunction Audio Filter with Remote Control!



 
 
Alexa Data
 

Go To Articles Directory Home Page

To get the current article, - See Below (at the bottom of the page) -.
For top news titles, see below.
Web sites and videos listed in this page are frequently updated.
If you find that this page is useful (quality of web sites, images and videos, ...), you can add it to your favorites.
Bookmark Page !

Tell a Friend:



With your mobile phone (WAP / I-Mode / iPhone / PDA), for free:
The Top News - http://www.whmsoft.net/services/wap/news.php
The Daily Files - http://www.whmsoft.net/services/wap/get.php
All the Directory Files - http://www.whmsoft.net/services/wap/choose.php

Web version of feeds:
Podcast Music - http://www.whmsoft.net/services/web/wpodcast.php
Daily Files - http://www.whmsoft.net/services/web/wget.php

You can play the Guitar Drum Revolution game (flash game) by following the link below:
Play Guitar Drum Revolution Game


You can play free online games (flash games) by following the link below:
Free Online Games

Play the samples below:
Shino BeatSamsam RaceJuice SqueezerDora PuzzleAstra Squad

You can view the people (celebrities) news and the front page news (with videos, images and constant updates) by following the link below:
View Recent News
or by visiting the WhmSoft Service blog:
News Photos Slideshows


Article Keyword Videos to Watch
Finance
Click on the image to start the video.



Related Topics
Images - Links - Articles

Minneapolis


Related Images



Article Category Videos to Watch
Finance
Go to the Videos Pages


The story with the single lender rule

What is the single lender rule and why is there so much talk about it in the press nowadays? Is the US congress a single lender congress or is it concerned with the best interests of the disadvantaged students, as it claims to be? The following single lender update will try to settle some of these questions and place the debate on the single lender rule in the larger context of its impact on the financial well-being of American students and also in the even larger framework of the direction of American education. Will it become more people-oriented or more-business oriented?

First of all, what does the single lender rule mean? When we talk about student loans and student loan consolidation, the single lender rule immediately comes to mind as a limitation placed on the benefits that the students and their families can derive from consolidation. Under the single lender rule, the students do not have the freedom to choose among different schemes of loan consolidation provided by different financial agents. With the single lender rule in effect, the students can only consolidate if they have contracted all their loans from the same company or governmental agency. The existence of the single lender rule actually affects the decisions about which companies to contact college loans from in the first place. If a student has contracted a loan with X for example, knowing that the single lender rule is in place will make him or her contract any additional loans from the same company, so as to keep open the option of loan consolidation.

In fact, this scenario is quite common because a young college student is very likely to take up their first college loan from a large corporation. These companies control the market for student loans, they invest considerably in advertising their financial packages and they keep close ties to the colleges where they often make presentations of their offers. A young college student does not usually have the capacity to understand all the implications of contracting a first loan with a specific company. He or she may not even be aware of the existence of the single lender rule in the first place. Or, even if he is aware of it, he will not be able to understand all the implications of the single lender rule. Moreover, the student is likely to get most of his information on student loans precisely from the presentations organized by a large company. Thus, while the student will be told about the existence of the single lender rule, he will probably not be explained all its implications.

Single lender updates, such as this, are meant to bring to the fore both sides of the debate on the single lender rule. In this single lender update, we also raise the question of whether the US congress proved to be a single lender congress, as it was expected, given the domination of the Republicans and of the strong lobby coming from the financial corporations which have business in education. A single lender congress would not have changed the original text of the bill on the issue of the single lender rule. The original text of the bill would have left this rule in place, but the congress accepted an amendment proposed by a Democrat which argues for the cancellation of the rule. It was not only that the Democrats fought so hard for the cancellation of the rule that they won over the Republicans in the congressional debate. This would not have been possible in the first place, given that the distribution of the seats in both houses favors the Republicans. It is just that both parties managed to agree the cancellation of the single lender rule is unavoidable.

While the US congress cannot be called a single lender congress, it is the conclusion of this single lender update that the congress can be considered to be sensitive to the interests of the corporations. On the one hand, while the cancellation of the rule does affect the interests of the big financial institutions, on many other aspects of the bill (such as flexibility of interest rates or charges for contracting a student loan), the corporations have made important gains. In addition, regarding the cancellation of the single lender rule, the congress decided that it will come into effect only after a specific grace period. In this period, the companies can give a big last push to sell as many consolidation packages as possible. This final push is likely to be extremely profitable as students are being encouraged to consolidate from all sides now, given the low interest rates for student loans.


About the Author: For a single lender update on how things evolve regarding the single lender rule please click these




Recommended Web Site(s):

Easy Articles Home Page - Articles Directory

Recommended WhmSoft Web Sites, Feeds and WAP Address:

WhmSoft Software Home Page - Software
WhmSoft Services Login Page - Music and Images
WhmSoft Moblog Home Page - Blog - Photo Gallery
WhmSoft Free Online Games Home Page - Flash Games
WhmSoft Services RSS Feed - Daily Music, Image and 3D Flash Animation
Classical Music with Drum RSS Feed - MIDI and MP3 Files
Classical Music with Drum Podcast Feed - MP3 and MP3 Files
WAP / I-Mode / PDAs - Daily Music, Image and Flash Animation

Home Pages:

WhmSoft Free Articles for Reprint Home Page
WhmSoft Services Home Page - Music and Images
Copyright (C) 2006-2017 WhmSoft - All Rights Reserved.