continue reading » 6SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr When federal policymakers killed banks’ ability to make government-backed student loans, David Bergeron should have been celebrating. A career official at the U.S. Department of Education, he had favored the move for years; it would save the government money, he reasoned, and make it better able to help distressed student borrowers.But when it actually happened in 2010, he wasn’t so sure. With the move, his agency instantly became the nation’s biggest lender to college students. And in his decades of federal service, he’d arrived at the view that when the government gets the chance to profit from something, it takes maximum advantage. It was only a matter of time, he feared, before that happened to student loans.Seven years later—with more than 1 million former students defaulting on government-backed loans every year and with his former agency pulling the plug on a partnership with the consumer bureau tasked with protecting them—his fears could soon be realized.
RelatedPosts Lampard: I still have confidence in Tomori Mane double eases Liverpool to win over 10-man Chelsea EPL: Chelsea, Liverpool in cagey duel Former Liverpool and England striker Daniel Sturridge has become a free agent after mutually agreeing to terminate his contract with Turkish side Trabzonspor, the club said on Monday. Sturridge, who joined Trabzonspor on a three-year deal in August, had seven goals and four assists for the Turkish Super Lig side in all competitions, last making an appearance in a 2-2 draw with Besiktas in February before sustaining a toe injury. “We thank Daniel Sturridge for his contributions to our club and wish him success in his future career,” the club said in a statement on Twitter. The club did not reveal why the 30-year-old’s contract was terminated. Sturridge began his professional career at Manchester City in 2006, moving to Premier League rivals Chelsea three years later before sealing a switch to Liverpool in 2013. He won the Premier League, two FA Cups and the Champions League at Chelsea. He added another Champions League medal at Liverpool last season.Tags: ChelseaDaniel SturridgeLiverpoolTrabzonspor
Michael Halford is delighted to have Certerach back in action after a nine-month lay-off in the Challenge Stakes at Leopardstown on Thursday. Press Association “He was training lovely in preparation for Dubai and he got lame at Christmas time. We didn’t get to run him or get him to Dubai. “We had to give him a break but we have him back now and he’s in good order.” Halford also saddles Drifting Mist, who will retire to the paddocks after this race as she is in foal. The five-year-old mare has run consistently in all her three starts this season, her latest effort coming in the Listed Lenebane Stakes at Roscommon earlier this month when she was fourth to Panama Hat. “It will be her last run before she retires as she is in foal,” he said. “She’s been running very well. It’s her last run. She’s in foal and she will be retired after Thursday’s run. “We’re delighted with her and she’ll like the small field, so we are hoping for the best.” Aidan O’Brien is responsible for Fields Of Athenry, the only three-year-old in the six-strong line-up, while Dermot Weld runs Silwana, winner of a two-mile Curragh handicap last month. Newmarket trainer Ed Dunlop sends Manndawi back over the Irish Sea after the five-year-old took third place behind Weld’s Postulation in the Listed Silver Stakes over a mile and a quarter at the Curragh in his first run since September 2013. Cullentry Royal, trained by Johnny Levins, completes the sextet. The County Kildare trainer reports the 2014 Dubai Gold Cup winner to be ready to return to the fray having being sidelined since last October, although he does expect his seven-year-old stayer to need the outing. “He’s in great form, he’s been training well, but he’ll improve for the run. We delighted to see him back,” said Halford.