CompareCards.com Announces Student Scholarship Essay Contest

13. March 2012 · Comments Off · Categories: Debt · Tags: , , , , ,


Charleston, SC (PRWEB) March 13, 2012

CompareCards.com, a leading service for consumers to compare credit cards and manage their personal finances, has announced its $ 1,000 Student Scholarship Essay Contest. The submission period will run through May 29, and the competition gives students a chance to express their thoughts on topics in student debt and personal financing.

The college experience provides many educational opportunities for students outside the classroom, and one of the most valuable lessons they can learn is financial responsibility. Grades in this subject dont end at graduation either as credit scores and financial matters follow students well beyond graduation and impact their future in many ways, including the determination of future interest rates on car loans, mortgages and other important items.

Students can certainly utilize credit cards effectively to assist with tuition and other college fees, while also establishing a good reputation with lenders that will be great for their future, said Chris Mettler, president and founder of CompareCards. Our essay contest gives students a chance to explore this topic closely and learn how making financially responsible decisions can be beneficial throughout their lives.

To participate in the special CompareCards.com $ 1,000 Student Scholarship Contest, students must be graduating high school seniors, or freshman or sophomores in college and between the ages of 16 and 21. Eligible contestants can enter by submitting a 500 to 1,000 word essay answering one of these important financial questions:

1.

23-Year-Old Grad Challenges Sallie Maes Defense of Unemployment Penalty on Student Loans

29. January 2012 · Comments Off · Categories: Debt · Tags: , , , , , , , , ,

Washington, DC (PRWEB) January 27, 2012

Student loan giant Sallie Mae defended itself from a popular campaign on Change.org demanding the company stop charging jobless borrowers a $ 50 fee on their student loans, drawing a sharp response from the campaigns creator Stef Gray. More than 60,000 people have joined the campaign since its launch.

Sallie Mae spokesperson Patricia Christel described the fee as a good faith deposit that acknowledges the importance of and commitment to resuming payments in the future.

Sallie Maes characterization of this onerous fee as a good-faith deposit is simply unbelievable, said Gray, a recent graduate who took out private student loans through Sallie Mae. When I pay a deposit on my apartment, I get my money back at the end of the lease. If this were a deposit, borrowers would either get their fees back at the end of the forbearance or the money would be applied to the loans balance. Neither of these is true.

Meanwhile, Sallie Mae continues to add interest to the loans in my case, more than $ 1,000

every three months I cant find work, she continued. This fee is about one thing, padding Sallie Maes profits, and for them to pretend otherwise is galling.

Members of the student debt movement quickly rallied around Grays response via social media, using Twitter and Facebook to call on Sallie Mae to end the $ 50 fee per loan for a 3-month forbearance period, a fee Gray calls an unemployment penalty.

We cant let Sallie Mae get away with this kind of corporate nothing-speak, Gray said of the social media response. The thousands of borrowers standing with me to fight for change want real answers and real change, and we want it now.

Live signature totals from Stef Grays campaign on Change.org:

http://www.change.org/petitions/tell-sallie-mae-stop-the-unemployment-penalty

Sallie Maes response to Stef Grays petition:

http://chronicle.com/blogs/ticker/unemployed-borrowers-ask-sallie-mae-to-stop-charging-forbearance-fee/39993

For more information on Change.org, please visit:

http://www.change.org/about

Change.org is the worlds fastest-growing platform for social change growing by more than 500,000 new members a month, and empowering millions of people to start, join, and win campaigns for social change in their community, city and country.

###





Related Debt Press Releases

Intertech Announces 1,000th Online Training Student

22. January 2012 · Comments Off · Categories: Investing · Tags: , , , , ,


Saint Paul, MN (PRWEB) January 22, 2012

Intertech (http://www.Intertech.com) announces exceeding 1,000 online training students. This record follows investment in new online training facility and infrastructure.

“We’re very, very pleased with the great response from our significant investments in buliding out our online training infrastructure,” stated Dan McCabe, Intertech Partner and Director of Training Sales. “We identified the significant opportunity to grow our firm thru an investment in an online training infrastructure. We finished 2011 with record sales, a move to a new facility that doubled our footprint, and a backbone that supports 2X the amount of online students.”

Intertech’s online training infrastructure allows students to attend online courses live, throughout the world. From Asia, albeit the time differences, to students throughout North America, Intertech’s online training infrastructure allows students to attend live classes as though they were in the classroom.

“We’ve made key investments and, as noted by Dan, these investments worked. Along with supporting our national online students, our new facility has received rave reviews from our in-person students,” said Intertech Partner and Director of Training, James White.

Intertech delivers a series of services for software development including .NET training and QA consulting.

About Intertech

Founded in 1991 by local entrepreneur Tom Salonek, Intertech, Inc. has grown from a one-person shop to the largest combined software developer training company and research-supported consulting firm in Minnesota. Intertech designs and develops software solutions that power Fortune 500 businesses along with teaching these and other organizations including mid-sized companies and state government.

Intertech works with NASA, Wells Fargo, Lockheed Martin, Microsoft, Intel, and other major companies around the United States helping them learn and use technology. Intertech is a Microsoft Gold Partner, a Microsoft Inner Circle member, a seven time winner of the Best Places to Work in Minnesota award, a finalist in the Wall Street Journals Winning Workplaces award, a multi-year winner of the Inc. 500 and the Inc. 5000 awards for company growth, a winner of the Forbes ASAP growth award, and a winner of the Minnesota Fast 50 growth award. Intertech has been featured in Inc., Forbes, Upsize magazine, the Star Tribune, the Business Journal, the Pioneer Press, the Hudson Star-Observer, Minnesota Business, and Twin Cities Business Monthly.

###





Related Investing Press Releases