Friday, May 17 2013 11:59 PM EDT2013-05-18 03:59:20 GMT
The family of an Albany teenager who died on Friday, isn't sure how they'll pay for her funeral. 16-year old Keyanna Lang died from a heart condition. Due to her illness the family couldn't keep lifeMore >>
The family of an Albany teenager who died on Friday, isn't sure how they'll pay for her funeral.More >>
Friday, May 17 2013 11:58 PM EDT2013-05-18 03:58:09 GMT
A student-led effort to help cancer survivors ended up being a big success at a Lee County School. Friday students at Twin Oaks elementary school donated the proceeds from their effort to the Cancer CoalitionMore >>
A student-led effort to help cancer survivors ended up being a big success at a Lee County School. Friday students at Twin Oaks elementary school donated the proceeds from their effort to the Cancer Coalition of Southwest Georgia.More >>
Friday, May 17 2013 11:44 PM EDT2013-05-18 03:44:12 GMT
Furloughs for Marine Corps Logistics Base workers could start in less than two months. About 2,000 workers at the Albany base will have to take up to 11 unpaid days off in the next fiscal year that startsMore >>
Furloughs for Marine Corps Logistics Base workers could start in less than two months.More >>
Friday, May 17 2013 11:43 PM EDT2013-05-18 03:43:28 GMT
The Rat Pack came back to Albany Friday night. Sinatra and Friends performed at Doublegate Country Club to raise money for the Albany Symphony Association. The guys who play the roles of Frank Sinatra,More >>
People danced the night away to Frank Sinatra tunes.More >>
Friday, May 17 2013 11:34 PM EDT2013-05-18 03:34:50 GMT
Albany trauma specialist say most of the trauma cases they see result from car crashes, and too many of those crashes are caused by distracted drivers. Now they're spreading a message in honor of TraumaMore >>
Albany trauma specialist say most of the trauma cases they see result from car crashes, and too many of those crashes are caused by distracted drivers. Now they're spreading a message in honor of Trauma Awareness Month.More >>
January 24, 2007
Albany-- Lawmakers are working to ease the burden on graduates who leave college with major debt.
The US House passed a student-loan bill that would cut interest rates on subsidized Stafford Loans in half. The rate would drop from 6.8 percent to 3.4 percent over five years.
Albany State Director of Admissions James Cleveland says it's a step in the right direction but some students may have to take out more loans to deal with dwindling Pell Grant assistance.
"The Pell Grant is being slashed every year so the question in my mind is with the Pell Grant where it is right now, meaning that a student will still need to take the same amount of loan out even though the interest rate is much lower. So it could be a levering off on one end but on the other end they've lost," said Cleveland.
According to the College Board, the bill will affect more than 5.5 million Federal Stafford Subsidized Loan borrowers.
James says to avoid heavy loans, parents need to plan early for their children's education. The bill now moves to the Senate.