Sunday, 17 March 2013 10:13
Missouri college wants end all loans for all students
SPRINGFIELD, Mo. (AP) -- An evangelical Christian college located near the southwest Missouri resort town of Branson is making it difficult, if not impossible, for students to obtain any loans.
The Springfield News-Leader says the College of the Ozarks has stopped certifying private student loans. It's barred state and federal loans since the 1990s.
Longtime President Jerry C. Davis says "the driving force behind this is that debt is bad."
Of the school's 1,350 students, 250 to 300 of them currently receive a loan, often from a hometown bank. The college is taking steps to help students adjust. They include expanding summer work opportunities and freezing room-and-board costs.
The college itself is debt free. It makes sure it has cash in hand before doing things like building a residence hall.
The Springfield News-Leader says the College of the Ozarks has stopped certifying private student loans. It's barred state and federal loans since the 1990s.
Longtime President Jerry C. Davis says "the driving force behind this is that debt is bad."
Of the school's 1,350 students, 250 to 300 of them currently receive a loan, often from a hometown bank. The college is taking steps to help students adjust. They include expanding summer work opportunities and freezing room-and-board costs.
The college itself is debt free. It makes sure it has cash in hand before doing things like building a residence hall.
Published in
Local News
Latest News
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
First lady's anti-obesity campaign is prompting change
WASHINGTON (AP) - Walmart is putting special labels on some store-brand products to help shoppers quickly spot healthier items. Millions of schoolchildren are helping themselves to...
OFFICIALS ALARMED BY INCREASING SUPERBUG REPORTS
NEW YORK (AP) -- Health officials are reporting an alarming increase in some dangerous superbugs at U.S. hospitals. These superbugs from a common germ family have become extreme...
Officials urge parents to get kids vaccinated
SPRINGFILED, IL (AP) - State health officials are urging parents to make sure their children have received all their recommended vaccinations. The Illinois Department of Pub...
Influential pediatricians group backs gay marriage
CHICAGO (AP) — The nation's most influential pediatrician's group says research shows that parents' sexual orientation has no effect on a child's development and that kids fare jus...
COURT: CAN HUMAN GENES BE PATENTED?
WASHINGTON (AP) -- DNA may be the building block of life, but can something taken from it also be the building block of a multimillion-dollar medical monopoly? The Supreme Court...
LEAD POISONING TOLL REVISED TO 1 IN 38 YOUNG KIDS
NEW YORK (AP) -- Health officials say more than half a million young children are now believed to have lead poisoning in the United States. The figure is roughly twice the previ...
FDA will investigate added caffeine in foods
WASHINGTON (AP) - Looking for a new way to get that jolt of caffeine energy? Food companies are betting snacks like potato chips, jelly beans and gum with a caffeinated kick cou...
St. Louis' polluted atmosphere makes air quality foreca…
Air quality forecasting officially begins Wednesday for the 2013 summer season, and St. Louis residents will want to pay attention in order to protect their health. Offici...
