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
Man steals from nephew's piggy bank to pay for drugs, s…
CLAYTON, Mo. (AP) — A north St. Louis County man admits that he stole money from his 4-year-old nephew's piggy bank to use for drugs and prostitutes. KSDK reports 31-year-old Baro...
IL Lt. Governor and others fight for Scott Air Force Ba…
BELLEVILLE, Ill. (AP) — Although the future of Scott Air Force Base in southern Illinois won't be in question for two more years, state and local officials are preparing a plan to ...
Gov. Nixon, legislators clash over Medicaid, driver's l…
JEFFERSON CITY, Mo. (AP) — Governor Jay Nixon began the year with ambitious priorities to start of his second term but ran into a wall of opposition from the Republican Legislature...
Probe begins after Conn. commuter trains crash
FAIRFIELD, Conn. (AP) - Two commuter trains packed with rush-hour commuters collided in an accident that sent more than 60 people to Connecticut hospitals, severely damaged the tra...
Horses, trainers prepare for 2013 Preakness
BALTIMORE (AP) - The second leg of horse racing's Triple Crown leaves the starting gate this afternoon in Maryland and the trainer for Kentucky Derby winner Orb says he thinks his ...
Gov. Nixon gives mixed review to legislators' efforts
JEFFERSON CITY, Mo. (AP) - Gov. Jay Nixon is giving a mixed review to Missouri's 2013 legislative session. The Democratic governor praised lawmakers for boosting funding for ed...
Police investigate death of Cahokia infant
An investigation is underway in the Metro East after a 4-month-old baby was found dead in his home. Cahokia police say it appears the child died from suffocation. Officers say the...
Toddler left behind by daycare workers at St. Charles r…
Employees at a St. Charles Chuck E. Cheese are being praised for how they dealt with a child being left behind yesterday. The St. Charles police say a two-year-old boy was left be...
