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The Dangers of Debt Consolidation (ThirdAge)

Interest rates haven't been this low for decades, tempting some consumers to take on additional debt to ease existing credit woes. The goal is to consolidate various higher-interest balances into one, easier-to-handle and less-costly package.

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Fitch predicts consolidation among CLO managers (eFinancial News)

As many as a fifth of the specialist firms that manage collateralised loan obligations are set to withdraw or close, according to the debt rating agency Fitch, which says the tough trading conditions that have prevailed since the start of the year will drive consolidation.

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Financial Aid Glossary (US News & World Report)

Federal scholarships of up to $1,300 for very needy first- and second-year college students who have taken tough courses while in high school or achieved a B grade-point average (3.0) during the first year of college.

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Scholastic Announces Fiscal 2008 Results and Fiscal 2009 Outlook (Business Wire via Yahoo! Finance)

NEW YORK----Scholastic Corporation , the global children's publishing, education and media company, today reported its results for the fiscal 2008 fourth quarter and full year and its outlook for fiscal 2009.

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New Government Program Pays Off Student Loans for Borrowers Who Enter Public Service (Marketwire via Yahoo! Finance)

Student loan borrowers who commit to a decade of public service may see the remaining balance on their federal student loans forgiven under the government's new public-service loan forgiveness program.

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How to Decide If Consolidating Loans Is Best (TheStreet.com)

Here's a guide to help you determine what's best to deal with the amount of money you owe.

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Merrill Lynch Reports Second Quarter 2008 Net Loss from Continuing Operations of $4.6 Billion (wallstreet:online AG)

Merrill Lynch (NYSE: MER) today reported a net loss from continuing operations for the second quarter

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