College Cost Reduction and Access Act

People are remembering the College Cost Reduction and Access Act today. The below text shows the Department of Education Student Loans’ College Cost Reduction and Access Act passed in 2007 under the Bush Administration. But as examined below by LALATE, a major change in the Act on repayments comes into effect in just days. First, the bill gradually cuts interest rates on subsidized Stafford loans for undergraduate students in half according to the following schedule:

This section eliminates a three-year limitation on loan deferment for certain members of the armed forces. It allows deferments until 180 days after the borrowers are demobilized. It also allows borrowers in the military to receive the benefit regardless of when the loan was originated. Eligibility for this deferment remains limited to members serving on active duty or performing qualified National Guard duty during war and a national emergency.

But the notable change that everyone is talking about today is the Income Based Repayment, a specific provision in the College Cost Reduction and Access Act, that hasn’t come into effect — until days from now on July 1, 2009. Loan payments will be limited to 15 percent of a borrower’s discretionary income or 15 percent of the amount that a borrower’s (and spouse’s if applicable) adjusted gross income exceeds 150 percent of the poverty line, divided by 12. Unpaid interest and principal are capitalized and any outstanding loan balance is forgiven after 25 years of repayment.

Lenny Dykstra

Here's the portion of Bernard Goldberg's follow-up with Lenny Dykstra from last night's "Real Sports" where The Dude daftly mumbles his way through an interview he appears to have completely forgotten was scheduled. If Goldberg was guilty of glossing over Dykstra's obvious instability during the March 2008 interview, he goes out of his way to show the pathetic reality this time around — he points out how there's "no furniture" when he peeks inside the mansion, shots of him pacing on his cellphone to try to get in touch with Dykstra.

Lenny Dykstra is being sued by 20 people. Dykstra used to be the best as a sportsman and financial guru in his own class. His bubble burst for him. HBO Real Sports aired a documentary on Dykstra on June 23.

College World Series 2009 Score

College World Series 2009 Score - We got the chance again of seeing the very best of college baseball in Omaha, Nebraska, at the College World Series. Here we will see crowned the champions of college baseball in America. The CWS began on June 13. Here are the scores. You almost knew it had to play out like this. When two teams dominate the College World Series tournament the way the LSU Tigers, and Texas Longhorns did, there was no chance one team or the other was going to sweep the best of three series. There just had to be a game three.

Texas scratched across the game’s first run thanks to small ball execution and a bit of porous defense from the Tigers. Third-baseman Michael Torres lead off the game with a four pitch walk, and advanced to second when catcher Micah Gibbs threw the ball away attempting to pick Torres off. Torres advanced to third on a Travis Tucker ground out, and was driven home on a Brandon Belt single.

In the third inning, Texas added all the insurance runs they’d need, first on another solo home run by Russell Moldenhauer, who hit his third homerun in two games, after hitting just one home run during the rest of the season. Cameron Rupp followed that with a double, and two batters later Connor Rowe chased Tigers’ starting pitcher Ryan Bird with an RBI double of his own. Nolan Cain came on in relief, but could not retire Preston Clark, who drove in Rowe with a single, making the score 5-1.