The Education Resources Institute, the oldest and largest nonprofit guarantor of private education loans in the country has filed for bankruptcy protection in Boston while it reorganizes, listing debt of as much as $1 billion and assets of more than $1 billion in its Chapter 11 petition.
This action was necessary as the nation's ongoing credit woes continue to cause unprecedented volatility in the student loan market and immense hardships on loan-related companies. Difficulties in financing the securitization of private education loans, along with a rise in borrower defaults and delinquencies brought on by a slow economy, have adversely ...
The jury in the trial of Esperanza Castro had not reached verdict by late Friday afternoon and deliberations were set to continue Monday, a court official said.
Attorneys for both sides remain on call.
College of the Canyons will celebrate Earth Day from 9:30 a.m. to 4 p.m. Tuesday at its Valencia campus with vendor booths, student presentations and various environmentally-themed panel discussions. The event is sponsored by the COC Sustained Development Committee.
The purpose of the event is "to open up a community-wide discussion about the environment and our responsibilities in caring for it," Jia-Yi Cheng-Levine, chair of the college's Sustained Development Committee, said in a statement.
With a big weekend tournament coming in Santa Barbara, it would have been easy for Valencia to overlook its Foothill league match Thursday against West Ranch.
Nationally, the month of April is designated as Alcohol Awareness Month. Alcohol Awareness Month began in 1987 as a way of reaching the American public with information about the disease of alcoholism. The disease of alcoholism affects young and old alike. While I believe education is key to changing behaviors, I don't believe that one month a year is enough education. I truly believe that there are teachable moments every day, especially for our young. I hope you use this column as a tool for one of those teachable moments for you and your teen.
Tales of caution
Canyon Theatre Guild: Over the River and Through The Woods
Imagine if your kids go to the bank to get their inheritance after you die, and the bank won't give them the money unless they go to court for months and spend thousands of dollars in probate fees. Imagine if you give all your money to your spouse after you die, but then the government steps in and takes a huge chunk of your assets that were intended for your heirs.
To The Editor:
It is fair to say that I was extremely disappointed in the results of the recent local election to fill two empty seats on the Santa Clarita City Council.
More and more present and future retirees are finding that the traditional idea of retirement is passé. What's more, there's plenty of evidence that keeping your hand in the game, or even finding a new calling, will yield a longer, healthier and happier latter stage of your life. And given rising health care costs, that adult child who suddenly has returned home or the aging parent who needs care, working a little longer may well be as much a need as a want.
To The Editor:
Once Maria Gutzeit was endorsed by liberal Gary Horton, she never had a chance to win.
To The Editor:
I couldn't agree more with Dave McEachern (April 15). We can do more for our gay, lesbian, bisexual and transgender students. Indeed, we should have no tolerance for bullying and name-calling.
Like many California girls, Candy is blonde, buff and beautiful. All she needs now is a place to strut her stuff.
The Chivas USA soccer team showed its winning talents when 10 players from the team joined the Michael Hoefflin Foundation for Children's Cancer's ninth annual Benefit Dinner in late March. The dinner, held at the Valencia Hyatt, raised more than $44,000 to support the foundation's work with children and families touched by pediatric cancer in the Santa Clarita Valley and surrounding valleys.
Santa Clarita Valley Appreciation Days 2008 will be held at Six Flags Hurricane Harbor on May 3 and 4. The Valencia theme park makes 4,000 tickets to Hurricane Harbor available to schools and non-profit organizations at $3 each, which the organizations sell to the public at $10 each.
When I encounter writer's block, I often go over to my Uncle Earl's.
Taking advantage of the growing food truck industry, Tiffany Ramos opened her own mobile food business and has organized a weekly gathering of other food trucks in Santa Clarita every Saturday evening.
College of the Canyons faculty member Dr. Karyl Kicenski will present an eye-opening discussion focused on the American "prison market," prison privatization and the burgeoning businesses associated with the construction of prison facilities, during the spring 2014 Scholarly Presentation "Cashing in on Crime," taking place May 22, at the Santa Clarita Performing Arts Center (PAC).
WASHINGTON (AP) - The U.S. government ran a big surplus in April, thanks to a flood of tax payments that helped keep the budget on track for the lowest annual deficit in six years.
The CIF-Southern Section Division II boys tennis playoffs brackets include four Foothill League teams.
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WASHINGTON (AP) - The towering symbol that honors the nation's first president reopened to the public Monday, nearly three years after an earthquake cracked and chipped the 130-year-old stone obelisk.
Santa Clarita Valley Sheriff's Station detectives today released a small-sized photo of the alleged victim's dress (taken from surveillance video during the incident) in the "upskirt photo victim" case. They're hoping the victim will come forward.
LAGOS, Nigeria (AP) - A new video from Nigeria's Boko Haram purports to show schoolgirls, covered in hijab, who are being held captive by the Islamic extremists.
DENVER (AP) - A spring storm that has brought over a foot of snow to parts of Colorado, Wyoming and Nebraska and thunderstorms and tornadoes to the Midwest was slowing down travelers and left some without power Monday morning.
NEW YORK (AP) - Fox will cut "American Idol" to one night for several weeks next spring, part of a reset for a struggling network that will have 11 new series in the coming year including the much-awaited "Batman" prequel "Gotham."
LOS ANGELES (AP) - Los Angeles Clippers owner Donald Sterling apologized Sunday for racist comments captured on tape, saying they were a "terrible mistake."
SACRAMENTO, Calif. (AP) - Mark Cavendish has more than 100 wins around the world, including 25 stages in the Tour de France, but he never had a victory like the one he had Sunday.
SACRAMENTO (AP) - California lawmakers are trying to strengthen consumer data protections as businesses profit from the trove of details they collect and criminals become ever more sophisticated in trying to steal it.
I read Gary Horton's April 30 column on his experience with the Affordable Care Act ("American Medicine has become a joke") and decided to share a story.