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All student loan borrowers can now consolidate with American ...
Harrisburg, PA- Good news for student loan borrowers across the nation -- Congress has repealed the Single Holder Rule, allowing any student loan borrower to consolidate their student loans with American Education Services (AES). Under the Single Holder Rule, borrowers whose federal student loans were held by one lender were only able to consolidate their loans with that lender. Now borrowers can consolidate their student loans with any eligible lender, including those who offer lower interest rates, rebates, better repayment terms and quality customer service. We're thrilled with this long-anticipated ruling, said Dick Willey, AES President and C.E.O. We receive consolidation requests from borrowers on a daily basis, looking to take advantage of our repayment benefits and services, and we have been forced to turn them down because of the Single Holder Rule.
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State administrator leaves Oakland schools position
OAKLAND State Administrator Randolph Ward, a controversial figure who led the Oakland school district its first three years under state control, is leaving to become the San Diego County schools superintendent.
The San Diego County school board voted unanimously Thursday to offer him the position, and he will start Aug. 14. Ward said he is leaving Oakland for personal and professional reasons.
"It's pretty simple. I've got to find a place where I can find some stability for my family," said Ward, who has a daughter, 3, and a son, 1.
"I can't continue to do state takeovers that are two years, three years, four years, you don't know. You can never put your stake into the ground. ... Now is the time to find something more permanent."
State Superintendent of Public Instruction Jack O'Connell congratulated Ward on his new position and said he is sorry to see him leave Oakland.
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