About two weeks ago, we noted that Massachusetts doesn't measure up when it comes to funding its students. As if the lack of state aid weren't enough, the Globe reports that nonprofit lending agency Massachusetts Educational Financing Authority will not be providing private loans for students entering school this fall. The organization offered over $500 million in loans last year, so that's major money to make up. MEFA will continue to help families with college......

Massachusetts in general, and Boston in particular, is famous for having dozens of colleges and hundreds of thousands of college students. But do we fund them well? The Globe reports that our state is stingier than most when it comes to financial aid. We offer only $83 million in aid as opposed to the $273 offered by South Carolina--hardly known for its institutes of higher education. We offer half the national average of aid as......

As companies in this economy are wont to do, First Marblehead Corp. is savin' money by slashin' spending--which means slashing salaries. The 500 jobs cut will save $200 million, helping the company continue ripping off students assisting locals in realizing their dreams. The bank's website says it has 1000 employees as of June 2007; guess they've cut their ranks by half. This comes less than a month after news that one of First Marblehead's partners......