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U.S. Agrees to Buy Student Loans to Ease Borrowing

Nov. 20, 2008
The Education Department announced that it would buy up to $6.5 billion of federally guaranteed student loans made in the 2007-8 academic year as part of its effort to make sure loans are available.
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Snigdha Nandipati of San Diego wins Finals of the Scripps National Spelling Bee
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Snigdha Nandipati of San Diego, California watches confetti rain down as she wins the two-day Scripps National Spelling Bee championship, May 31, 2012, in National Harbor, Maryland. Nandipati successfully spelled the word .* guetapens *, meaning to lure or ambush. UPI/Mike Theiler