UMass Law dean resigns after flap over credit card use

Posted by administrator | 20/10/11 | Tagged Credit Card

UMass Law dean resigns after flap over credit card use
News from Boston.com:

Robert Ward, dean of the University of Massachusetts’ new law school in Dartmouth, said today he had made personal purchases on his university credit card but had reimbursed the school — and the purchases had nothing to do with his decision to resign.

Ward, named dean of the law school last year, blamed his resignation on poor health in an undated letter to UMass Dartmouth Chancellor Jean MacCormack. “The two-hour daily commute and the pressure of building a world-class law school have taken a terrible toll on my health and my family,” the letter said.

David Guarino, a private public relations official Ward hired to represent him, said in an email that “the letter truly speaks for itself.”

But less than two hours later Ward released another statement. “Like many University officials, I was authorized to use a University credit card for official travel and other expenses. I reimbursed the University for any p…………… continues on Boston.com
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Principal resigns after improper credit card use
News from The Daily News Journal:

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Principal resigns after improper credit card use

MURFREESBORO — Former Smyrna Elementary principal Regina Joiner resigned after admitting to making nearly $ 1,000 in unauthorized purchases on the school’s credit card, a Rutherford County Schools

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Students loans overpower credit card debt

Posted by administrator | 20/10/11 | Tagged Credit Card Debt

Students loans overpower credit card debt
News from KYTX:

EAST TEXAS (KYTX) — Lon Morris College Graduate David Russ is facing the reality – he’ll soon have to pay back student loans.

“Kind of uneasy but I know it’s one of those things I’ve got to do,” he said. “I’d like to get stable in the work force, save my money as I work so hopefully that won’t be such a detriment when I get to where I have to pay those loans back.”      

According to the college board – students are borrowing twice what they did a decade ago after adjusting for inflation. In fact, Americans now owe more on student loans than on credit cards — which means they can’t spend money on other things.

“A lot of these students that have this mounting debt are delaying the life cycle or life choices like buying a house, getting married, having children, all those things,” Lon Morris College Financial Aid Counselor Brista Hurst said.

She said there’s a clear reason for the rising debt.

“A lot of the people who are unemployed now a…………… continues on KYTX
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Improved benefits come to Google Wallet
News from Debtmerica Relief:

In the near future, consumers who use their smartphones loaded with near-field communications technology to handle their credit card debt may be able to earn greater rewards for making purchases on these mobile payment systems.

Google is working to expand the benefits associated with its mobile payment system known as Wallet, allowing consumers to search for, store and redeem coupons for select participating retailers, as well as rack up rewards points, according to a report from CIO Today. A number of major national chains are participating in the expanded service, and several others will soon begin accepting Google Wallet’s tap-to-pay purchasing system known as SingleTap as well.

The problem for Google is that currently just one phone available in the U.S. – the Sprint Nexus S 4G – has t…………… continues on Debtmerica Relief
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