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FAP857: 1,587 free songs, Massachusetts student loans

August 8th, 2008

FAP857: 1,587 free songs, Massachusetts student loans

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Student Financial Aid News
+ NECN: Treasurer Timothy Cahill said Thursday he would not yield to Gov. Deval Patrick’s request to invest $50 million in state pension funds for bonds that would be sold to provide private student loans to cash-strapped college students.
+ Speaking in his capacity as chairman of the Pension Reserves Investment Management Board, Cahill said making such a direct investment for social reasons and not financial ones would set a bad precedent.
+ Instead, the treasurer said he would support the Legislature signing a note of credit guaranteeing the state would repay $450 million in bonds so the Massachusetts Educational Financing Authority can get the money it needs. The non-profit authority, which serves about 40,000 families annually, hopes to make such a sale within the next two weeks.
+ Of course, the Student Loan Network has plenty of federal student loans and private student loans in stock
+ Interesting commentary in the Chronicle - it’s the reverse of New York State
+ Inside Higher Ed: Harvard University’s endowment saw gains of 7 to 9 percent in the last fiscal year to 37 billion, even as many other endowments struggled not to lose money in a tough investment year, The Wall Street Journal reported. Official results haven’t been released, but the newspaper quoted source familiar with the returns who said that a larger than typical use of commodity investments helped the endowment.
+ Hey, the Olympics start today

Scholarship Update
+ Cappex $1,000 Digital Media Production Scholarship
+ Cappex.com is awarding a $1,000 Digital Media Production scholarship, and we want you to have a shot at it. This scholarship opportunity will be available at any college or university. All you need is a Cappex profile. The Digital Media scholarship will be given to students with well-rounded profiles, so don’t hold back on the details.
+ To be eligible for this scholarship, you must have a high school diploma or GED and be currently enrolled in college or plan to enroll within the next 12 months. You also must explain to Cappex why you deserve this scholarship in the “Tell Us More” box at the bottom of the application. Application deadline is November 30, 2008. One award will be granted. Good luck!
+ Details at our free college scholarship search site

Free Stuff Friday
+ Pedia-pop electrolyte mix
+ Tide TotalCare
+ Captain D’s fish and chips
+ Remember the Milk has a desktop client
+ Hulu HD for some shows ad-free
+ gContactSync
+ Resnooze will text your sleeping bum
+ Amazon MP3 - I bought Praan this week and discovered 1,587 free songs

Free Song of the Week
+ Lee Coulter, Yoga Master

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