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The default rate on federal student loans is higher than it's been in years. For former students, default is no picnic.

By Karen Datko Sep 15, 2010 7:39PM

Former students are defaulting on federal student loans at higher rates -- the highest in more than a decade, according to news reports. What consequences do these debtors face?

It's not pretty. The Washington Post explains:

Default on a student loan and face dire consequences, beyond a bad credit record -- which can tarnish hopes of getting a car, an apartment or even a job: Uncle Sam can claim your tax refunds and wages.
 

Now that banks aren't making as much from overdraft fees, they're looking for other ways to charge you.

By Money Staff Sep 15, 2010 4:02PM

This post comes from Jim Wang at partner site US News.

 

With the new overdraft rules, a lot of banks are starting to make changes to their checking and savings accounts to overcome the loss of revenue overdrafts were generating. It's a pretty high bar too, with overdraft fees earning over $20 billion last year.

So if your bank has been making changes, adding other fees or finding ways to charge you for services, you might be thinking about making a change too. Here's what I look for when I'm picking a new savings account.

 

High-fructose corn syrup industry argues that 'corn sugar' better describes the product, as more food makers flee to sugar.

By Teresa Mears Sep 15, 2010 2:32PM

If baby carrots can change their image, why not high-fructose corn syrup?

It worked for canola oil, once known as low erucic acid rapeseed oil. And then there are the fruits formerly known as prunes, which spruced up their reputation with a name change to dried plums.

 

The Corn Refiners Association has petitioned the U.S. Food and Drug Administration to give the much-maligned sweetener a new name: corn sugar.

 

The recall covers light-up rings and star-shaped toy eyeglasses.

By Karen Datko Sep 15, 2010 12:36PM

This post comes from Lisa Wade McCormick at partner site ConsumerAffairs.com.

 

Chuck E. Cheese's is recalling more than 1 million light-up rings and toy glasses because of concerns that children could swallow a small battery inside the playthings.

The national restaurant chain voluntarily pulled off the market about 1.1 million light-up rings and 120,000 toy star-shaped eyeglasses, according to the U.S. Consumer Product Safety Commission.

 

Making a reservation before dining out can cut the check by up to 30%.

By Karen Datko Sep 15, 2010 11:34AM

This Deal of the Day comes from Kelli B. Grant at partner site SmartMoney.

 

Avoiding a lengthy wait for a table has long been incentive enough for many diners to make advance reservations. Now, new standalone reservation websites offer a few more reasons to plan ahead, including discounts, extra credit card rebates and reward points.

Many of these sites cater specifically to city dwellers. VillageVines.com, which offers discounts of up to 30% at partner restaurants in exchange for a $10 fee per reservation, has begun offering deals in Los Angeles, San Francisco and Chicago.

 

These apps will help you take notes, track assignments, and look up words and formulas, among other things.

By Karen Datko Sep 15, 2010 8:50AM

This post comes from Ray Jamali at partner blog Wise Bread.

 

If you have ever been a student, you know that student life is not easy or cheap. With rising tuition costs, high unemployment, and busy schedules, finding ways to manage your time and budget seems impossible. No need to panic. Last week, we showcased back-to-school savings tips. This week, we have 10 iPhone applications that can help you manage your student life.

Rate My Professors. Ever had a lecture where the monotonous tone of a professor puts you to sleep? 

 

Nevada beats out South Dakota as the state with the longest stretch -- as the crow flies -- with no Golden Arches.

By Karen Datko Sep 14, 2010 7:08PM

Sometime, somehow, in the desert of northeastern California, a McDonald's restaurant closed its doors. So why are we telling you this?

 

It means that this particular corner of the world -- actually a spot in nearby northwestern Nevada -- can now claim title to the farthest distance in the lower 48 states to or from a McDonald's fast-food restaurant. It's 115 miles as the crow flies.

We know it because one blogger has made it a mission to keep track of this.

 

$25 million campaign seeks to portray nutritious veggie as cool and sexy. The Halloween version will come with tattoos.

By Teresa Mears Sep 14, 2010 6:30PM

We've all heard about extreme sports. But did you know about extreme baby carrots?

That's right. Baby carrots have gotten a makeover. No longer are they merely the meek little vegetable you used to pack in your lunch when you were feeling virtuous.

 

Baby carrots are cool. Baby carrots are sexy. Baby carrots are the extreme junk food.

 

At least that's the message of a $25 million advertising campaign launched by "a bunch of carrot farmers."

 

 Post continues after video. (A baby carrot commercial appears following the news story about an agitated candidate.)

 

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