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JK Harris Lends Illinois Man Helping Hand With Student Loan Troubles

JK Harris helps Illinois man consolidate student loans, reduce monthly payments and prevent wage garnishment.

North Charleston, SC (PRWEB) November 1, 2007 -- Student loan debt can add up quickly. And when it does, there are federal programs available to help.

James Tweddell of Springfield, IL, owed nearly $20,000 in student loans, and he couldn't afford the monthly payments that were being demanded of him. That's when Tweddell came to JK Harris and Company for help. The North Charleston-based company is the nation's largest tax resolution firm but also handles student loan issues.

Because he was in default of his student loans, the issues that faced Tweddell were high monthly payments he could not afford and the threat of a wage garnishment by the Illinois Student Assistance Commission (ISAC).


E-mails detail student loan firm's drive for profits

E-mails written by managers of Iowa Student Loan Liquidity Corp., the nonprofit organization that dominates Iowa's college loan industry, show how the agency uses aggressive marketing tactics and seeks "continued hypergrowth."

Iowa's college students are among the most deeply in debt in the nation. That fact has led state lawmakers to examine whether Iowa Student Loan's strategies could be partly responsible.

The topic is on the agenda for a meeting today of the Iowa Legislature's Government Oversight Committee.

Although Iowa Student Loan was created by state government, it is a private, not-for-profit corporation. Today, the agency plays a lead role in guiding thousands of young Iowans in how to pay for their college educations.

Watchdog groups warn students not to rely too heavily on loans to pay for college, especially private loans, which are those offered by a bank or a loan agency such as Iowa Student Loan.


Discovery Labs Reports Third Quarter 2007 Financial Results

WARRINGTON, Pa., Nov. 6, 2007 (PRIME NEWSWIRE) -- Discovery Laboratories, Inc. (NasdaqGM:DSCO - News), today announced financial results for the third quarter ended September 30, 2007. The Company will host a conference call today at 10:00 AM EST. The call in number is 866-332-5218.

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