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23 October 2006, 13:44
Skyacht Personal Blimp
Wing Your Childhood Dream with Skyacht Personal Blimp
For once you have tasted flight you will walk the earth with your eyes turned skywards, for there you have been and there you will long to return.
Leonardo da Vinci
Instead of Helium (conventional gas to run air balloons), the Skyacht Personal Blimp is powered by hot air. The bulbous balloon moves on a slow pace without causing any noise. Above all, the Skyacht Personal Blimp can be wrapped in a cupboard.
Therefore, you may take pleasure of the heavenly flight under the spherical hot air balloon crafted similar to a wild goldfish and fulfill your childhood dream.
The Skyacht Personal Blimp brings affordable, albeit slow, air travel within reach of everyone. Well everyone that likes floating around underneath a very bulbous hot air balloon thing painted like a demented goldfish. Mind you, one nice feature is the fact that it can be deflated and stored in a cupboard. A large cupboard.
“Houston, we are ready for takeoff.” Well if you’ve always fanaticized mouthing these words, then we have a surprise for you. No, it’s not a rocket or the Sky Car, but the Sky Yacht Aircraft Inc. Personal Blimp. Now don’t get all excited cause it’s not your escape from the daily traffic. As this Blimp is for purely for recreational use. The inventors are pleased as punch because the have made an efficient and successful skyrider. The Personal Blimp uses hot air instead of helium and a new patented frame that keeps the envelope (balloon) rigid but can also be collapsed. Unlike the Goodyear chumps the Personal Blimp doesn’t need to be stored in an expensive hangar when not in flight.
While we're still waiting for our jet pack and saving up for our Moller Skycar, it looks like we may soon have another flying machine at our disposal once the Skyacht personal blimp hits the market. The blimp's been in development since 2002 (including some makeshift wind tunnel testing) but just recently underwent its first tethered test flights and is set to make its first untethered flight later this month. Unlike traditional blimps, the Skyacht simply uses hot air instead of helium, and employs a "virtually silent" motor for propulsion. The use of hot air makes the Skyacht cheaper to operate than other blimps but, as you can see, also requires a much bigger balloon. Rest assured though, it is the world's first "practical" personal blimp.
Content
22 October 2006, 12:21
Student Borrowers Save More with NextStudent’s Consolidation Program
Student Loan Consolidation
 Some student borrowers may have missed the July 1 deadlineto consolidate their federal student loans before the interest rate increase, but there still is time to consolidate atlow rates especially if students are in their grace period. NextStudent, thePhoenix-based premier education funding company, advises students with federalStafford loans issued prior to July 1 to consolidate and automatically receivea .6 percent reduction on already low rates. Federal studentloan consolidation bundles together all of a student borrower’s loans intoone easy, manageable monthly payment. Savings over the long term can add up tothousands. NextStudent’s benefits and incentives bring down interest rates evenmore. In addition, with federal student loan consolidation there are nocharges, fees or prepayment penalties. Lower Rates in GracePeriod For student borrowers who had loans prior to July 1, 2006,the initial interest rate on consolidation with a .6 percent rate reductionwhile in grace period is 6.625 percent, as opposed to the new repayment rate of7.25 percent on student loans. The 6.625 percent rate can be reduced withNextStudent’s aggressive incentives: - An interest rate reduction of .25 percent for studentborrowers when they sign up with Auto Debit and have their payments deductedautomatically
- An added interest rate reduction of 1 percent that islocked for the life of the loan following the first 36 consecutive on-timepayments, OR an interest rate reduction of 2 percent following 48 consecutiveon-time payments
 It’s Easy to Applyfor Consolidation As consolidation rates are much lower than current studentloan rates, now is the perfect time to consolidate and save money. Applying forNextStudent’s federal Student Loan Consolidation program does not take much time and easily is done online. NextStudent’sapplication is hassle-free and can be completed in four easy steps withElectronic Signature. There is no need for a co-signer and there are no creditchecks. Student borrowers do not even need to know the details of their currentstudent loan portfolio. By bundling together all of a student’s loans and extendingthe repayment period, borrowers save time and money over the long term.Depending on a borrower’s balance repayment can be extended as long as 30years. In addition, NextStudent offers the advantage of various options onrepayment, including graduated repayment and income-sensitive repayment. Therealso are deferment and forbearance options available. Now is the perfect time for student borrowers who missed thedeadline to consolidate the student loans they had prior to July 1, 2006. By consolidating before the end of the graceperiod student borrowers can receive a low interest rate and sign up withNextStudent for other aggressive incentives to help them save even more overthe long term. Student loan consolidation can rid borrowers of too manyunwanted monthly bills and help make life easier and less expensive. NextStudent believes that getting an education is the best investmentyou can make, and it is dedicated to helping you pursue your education dreamsby making college funding as easy as possible.
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21 October 2006, 16:59
Variety of Student Loan Options Available through NextStudent
Student Loan Consolidation
 As tuition at higher education institutions increases every year along with the rate of inflation, students and their parents often wonder how to pay for college. Oftentimes, federal student loans do not cover the full cost of tuition. However, NextStudent, the Phoenix-based premier education funding company, has a variety of ways to make it possible to receive a college degree.
Depending on the college, students can expect to pay either thousands or tens of thousands per academic year to attend college. It does not help that the Deficit Reduction Act of 2005 that passed in February cut approximately $12.7 billion to the federal student loan program. It also included interest rate hikes on federal Stafford loans. With all the negative news on student loans, there is a bright spot. NextStudent brings to students a host of loan options along with first-rate benefits and aggressive incentives to help make paying for college easier and more manageable. Federal Stafford Loans The federal Stafford loan interest rate now is set at 6.8 percent. Through NextStudent’s program, student borrowers can benefit from offerings including a 2 percent upfront cash rebate when they repay through Auto Debit and make one on-time monthly payment. Also available are a 1 percent rate reduction after the first 12 months of consecutive on-time payments and an additional 1 percent reduction after 24 months of consecutive on-time payments. An added bonus to the program is a .375 percent rate reduction when student borrowers repay through Auto Debit.  NextStudent’s PLUS Loan Program
NextStudent’s PLUS Loans – Parent Loans for Undergraduate Students are available to parents who want to help their children pay for college when federal aid is not enough. Parents can borrow 100 percent of college costs, less financial aid. The rate is as low as 6.25 percent when coupled with incentives such as a 2 percent interest rate reduction after the first 48 months of on-time payments, and a .25 percent reduction when parent borrowers repay their loans through Auto Debit. Private Student Loans Another option through NextStudent is Private student loans that can be applied for and received throughout the year. For student borrowers who qualify the loans can be disbursed quickly in as little as five business days. Private student loans are unsecured, credit-based and have no application fees. They can cover up to 100 percent of a student’s education, less any financial aid. Although Private student loans can be applied for with or without a co-signer, NextStudent approves more Private loans with a qualified co-signer. All of NextStudent’s student loan programs have benefits and incentives and their own flexible terms on repayment. To help make it easy for student borrowers to get to college, typically there are a variety of repayment options so that students have one less thing to worry about while they are in school. In addition, NextStudent’s Education Finance Advisers are knowledgeable and caring and help make the process of acquiring student loans – no matter the type – fast and easy. NextStudent believes that getting an education is the best investment you can make, and it is dedicated to helping you pursue your education dreams by making college funding as easy as possible.
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