FAP632: 7 steps to career growth, Sallie Mae, Adrina Thorpe

Student Financial Aid News
+ BankNet360: Sallie Mae said Friday that it expects Bank of America and JPMorgan Chase to “honor” the terms of their contract to purchase Sallie Mae.
+ The purchasing group includes two private equity firms, J. C. Flowers & Company and Friedman Fleischer & Lowe. Sallie’s statement made no direct references to the hedge funds in its statement.
+ The banks, which had agreed to buy Sallie Mae for $25 billion, plans to return to the negotiating table and seek a lower price, The New York Times reported Thursday. If the group fails, it may move to scuttle the deal.
+ “We expect these banks to honor their commitments under that contract, not breach that contract,” Sallie Mae said in a statement. The company said that the College Cost Reduction Act does not constitute a material adverse effect under the merger agreement.
+ A battle at Harvard about textbook prices according to IHE

Scholarship Update
+ Freedom From Religion Essay Scholarship
+ $4,900 – $2,000 grand prize
+ Essay on freedom from religion
+ Next opens up in February 2008
+ Details at our free college scholarship search site

Jobcast
+ Leesa Barnes launches her book tour today, Podcasting for Profit. The Financial Aid Podcast is in there somewhere
+ Get 2 chapters for free
+ Good framework for any entrepreneurial venture, not just podcasting for money
+ Good framework for your career search
+ Wheel of Venture!
+ Assess
+ Plan
+ Launch
+ Grow (Market)
+ Profit
+ Measure
+ Optimize
+ Repeat Steps 4 – 7

Podsafe Music
+ Adrina Thorpe, Midnight

Reminders

+ Private student loans
+ Stafford loans | Other federal student loans
+ Student loan consolidation at StudentLoanConsolidator.com
+ FAFSA tutorials and free help
+ Financial Aid Podcast Show Notes at FinancialAidNews.com.
+ The Financial Aid Podcast is a publication of the Student Loan Network.

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