Two-thirds of undergraduate students are in debt when they graduate from college, according to the National Postsecondary Student Aid Study conducted by the National Center for Education Statistics and the U.S. Department of Education. But the tooth fairy has been missing in action for more than a year. Worst of all, a defaulted student loan can haunt you later, because it will be recorded as part of your credit history for a minimum of seven years. That involves examining your future salary and expenses. The best way to do this is to use a budgeting calculator available on the website of a major lender, such as Bank of America or Chela Financial. Calculators let you estimate monthly expenses--rent, utilities, food, clothes, car payments, insurance, etc. It's important to understand the terms used in describing loans
Midday Leaders & Laggards: S&P 500 Index
Forbes - Apollo Group Inc. led gaining stocks on the Standard & Poor's 500 Index in midday trading Wednesday after the for-profit education provider beat Wall Street estimates for fiscal first-quarter profit. Apollo Group rose $3.75, or 8.9 percent, to $45.99 ... Read more...
Merrill Lynch Creates 'Equity Volatility Arbitrage Index' to
MSN MoneyCentral - Merrill Lynch MER today introduced "The Merrill Lynch Equity Volatility Arbitrage Index," a tracking index, which is quoted intraday on Bloomberg under the symbol MLHFEV1. The Merrill Lynch Equity Volatility Arbitrage Index seeks to replicate the ... Read more...
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