Beware of Student Loan Scams

• Think you’ve been scammed by a student loan debt relief company? Let The U.S. Department of Education know by reporting suspicious activity to the Federal Student Aid Feedback System.
• You don’t have to pay someone to help you with your student loans. The U.S. Department of Education can help you for FREE. Find out how:
• CAUTION: Watch out for ads offering to help you with your student loans. Some companies charge as much as $999 at start-up or $39/month for services that the U.S. Department of Education and its loan servicers offer for FREE! Contact your loan servicer for FREE help:
• BEWARE of online ads promising student loan forgiveness. These are the official student loan forgiveness programs offered by The U.S. Department of Education:
You can apply for FREE if you qualify!
• If you’ve been tempted to click on an “Obama Loan Forgiveness” ad, you need to read this:

• Think you’ve been scammed by a student loan debt relief company? Let @usedgov and @FAFSA know at
• Why pay for #StudentLoan help when you can get it for FREE? #highered
• CAUTION: Some companies charge fees for #StudentLoan help. We got you – for FREE. #highered
• BEWARE of #StudentLoan forgiveness ads. Request @FAFSA loan forgiveness for FREE. #highered

The following comes from Woody Wollesen of Operation Veteran Empowerment (

Recommended New Year’s Resolutions for Person and/or Business 

  1. Write It and Measure It
    As in most things whether, business or personal, proper and well thought out planning and goals are required first steps. Resolutions should be both specific and measurable where responsibility for outcomes as well as accountability leave no room for ambiguity

“Let our advance worrying become advance thinking and planning”. Winston Churchill

  1. Make Resolutions Manageable
    Leaving out practicality and reasonableness only leads to false expectations and perhaps unattainable goals. Good intentions, hope, and dreaming are valuable assets. However, being pragmatic, focused, and having well delineated steps are far more conducive to achieving real world goals.

Be practical as well as generous in your ideals. Keep your eyes on the stars, but remember
to keep your feet on the ground”. Theodore Roosevelt

  1. Breakup the Goals
    Break down the milestones into manageable segments or phases. Better to achieve in increments with singular focus than to get side tracked in many simultaneous directions.

“The processes used to arrive at the total strategy are typically fragmented, evolutionary,
and largely intuitive”. James Quinn

  1. Celebrate the Victories
    Celebrate the milestones, learn from mistakes or errors, and put past miscalculations away. Such serve no purpose except to sharpen one’s vision and add to the determination to move aggressively forward.

In time of difficulties, we must not lose sight of our achievements “. Mao Zedong

  1. Always Question How and Where You’re Going
    Always introspectively question why, how, and what. By definition the journey will be one of changing landscapes. Staying on course means ongoing reevaluations to ferret out the best methods, pathways, and means to achieve goals. Without the requisite knowledge for best business practices and financial acumen the enterprise journey not only becomes difficult, but as statistics demonstrate most likely fatal. There is an business educational resource instantly available, the only one of its type in the country – Download now (see below).

“Judge a man by his questions rather than his answers”. Voltaire

  1. Seek Help and Input from Others
    It’s what you think you know, in fact do not know (usually by intention or arrogance) that will come back to haunt. Be receptive to learning more. Aggressively seek out help, advice, and support from any and all quarters. Never forget that in virtually all things “it still takes a village” . Downloading the Ultimate Financing Guide is requisite for ‘real world” enterprise successes. (see below)

“Risk comes from not knowing what you’re doing ‘. Warren Buffett

  1. Keep Things Simple and Interesting
    Complication is an enemy in disguise regardless of how handsomely packaged. Keep it as simple and straight forward as possible. It makes it easier for you. More importantly, it helps and fortifies your partners and others in support toward mutual goal attainments.

“Keep it simple, clear and memorable”. Richard Branson

  1. Stay Consistent
    Consistency might be boring but routines are the real stepping stones for success. Resolve and focus are self fortifying partners when such become automatic daily shadows in motion.

Success is neither magical nor mysterious. Success is the natural consequence of
consistently applying basic fundamentals”. Jim Rohn

  1. Hold Yourself and Others Accountable

“Accountability breeds response-ability”. Stephen Covey

  1. There will Always be a Premium on Creativity – There are usually only two choices on the road to real world achievements. One is either thinking within the box or outside it. The latter has far more advantages and tends to baffle those who don’t get it anyway.

Everyone is born with an instinct of success, and ability to make it, but only the ones who
think out of the box succeed”. Unarine Ramaru

  1. Make technology Your Friend and Companion
    It’s called cost effective efficiencies through properly applied technologies that create real results through intelligent, practical applications. Without an informative and compelling Internet web site and the right partner in its construction/maintenance, it’s only waiting for the “Fat Lady to Sing” For your customized needs that produce in Internet marketing successes, go to; see also

“The biggest problem with communication is the illusion that it has occurred”. George   Bernard Shaw

“The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency”. Bill Gates

  1. Re-evaluate and Revise the Game Plan Throughout. See, Shunning the Drivers for Adverse Results –;;

     “For every vision, there is an equal and opposite revision”.

  1. Package Yourself and the Enterprise for Success
    Marketing is everything both for oneself and everyone else. Fortifying with self belief is the first step, then creatively marketing with vigor.

Business has only two functions – marketing and innovation”. Milan Kundera

  1. Don’t Be Afraid to Scale Back, Side Step, or Change Course
    There is no straight line in goals attainment. It will always be a twisting road with many unforeseen obstacles and “curve balls” thrown into the mix. Flexibility in thinking and rethinking is always encouraged.

“In real life, strategy is actually very straightforward. You pick a general direction and
implement like hell”. Jack Welch

“What’s the use of running if you are not on the right road”. German proverb

  1. Be Ready to Persevere
    The best laid plans often lose steam, get seriously side tracked, even fail on occasion Stumbling is part of the journey, as is regrouping – even if necessary rising as the Phoenix from the ashes of temporary setbacks or defeats.

“The road to success is dotted with many tempting parking places”.


ARTICLE FROM VETREPRENEUR MAGZINE (November/December 2016 Issue, p. 94)
(Distributed and shared throughout by National Veteran Owned Business Association at the National Veteran Small Business Engagement event, Minneapolis, Minn. Nov. 04, 2016 and at the NVOBA Vetrepreneur of the Year Award Ceremony)

Special Report: SBA loan fee waiver for small businesses and its impact on vetrepreneurs

Earlier this year, the U.S Small Business Administration implemented a new measure aimed at helping improve access for veteran small business loans. Currently, SBA Express loans of $150,001 to $350,000 have an up-front guaranty fee of 3%. The new measure removes all of those veteran borrower upfront fees.
As well under the Veterans Advantage program the up-front guaranty fee for 7(a) loans (other than SBA Express) of $150,001 up to and including $5,000,000 for qualified veteran small businesses has been reduced by 50%
The most important question for vetrepreneurs is how does it impact their access to capital?
Upfront it should also be emphasized that any relief in costs for vital veteran business financing or capital is a welcome and applauded change. Helping and supporting veterans should be a national priority.

First a few caveats for context should be understood.
* It must be emphasized that the SBA is not a direct lender in any form to small business (veteran or otherwise). SBA programs only provide credit enhancements or loan guarantees.. Any and all direct lending by definition can only occur through or by commercial banking or other commercial lending institutions.
* As such any and all loan decisions for any veteran borrower will always lie singularly with those commercial banking or other lending institutions. SBA has no direct input or control whatsoever respecting those commercial lender decisions. Whether any veteran enterprise borrower is or is not qualified for a loan lies solely with the commercial lender.
* Whether any SBA lending program might or might not be utilized by any commercial lending institution is a singular decision by that entity. From the lending institution side of the equation the invariable questions will always be:
* whether the program increases bank “quality lending” opportunities;
* actually fits the institution’s lending culture and/or market segment; and
* internal costs, both monetary and human resource, to incorporate the SBA credit enhancement program(s)?
* Note, that although flow through fees to veteran borrow candidates might in some fashion indirectly weigh in the balance in any of the above noted factors, there is no cost impact to the bank (SBA fees are 100% borrower related).

Given so many factors in play at any given point or period in time within US small business lending operations, qualitatively measuring economic elasticity between SBA veteran guarantee lending fees and increased veteran lending would be a highly difficult undertaking (even assuming cost benefit made that a prudent undertaking).
It is suggested that even without a detailed study the logical answer would be in the resounding negative. Why?
In the real world of banking/lending and related inter relationships with government programs that might impact or affect, there exists no such thing as a “single silver bullet”. Commercial banking/lending is in fact a highly intricate and interlaced system of variable economic factors with innumerable types of lenders. Any and all those factors can and usually do impact veteran borrower access to capital.
If a genuine increase veteran access to capital was to be the focus, it would require far more involved and intricate changes within the national lending systems. A change in SBA program fees for veterans, although welcome and helpful, would not in itself increase veteran access to capital.

(Author Profile: Woodrow D. Wollesen, recognized national small business financing expert, military veteran; former US SBA Small Business Financing Champion, (8 years) Board Member, Executive Officer, Instructor with the prestigious National Women’s Business Center, Washington, DC; NWBC 2005 Man of the Year, founder/chairman of Operation Veteran Empowerment (Ultimate Financing Guide – the encyclopedia of business financing) See ; see also more extensive background profile at;

Have a blessed day
Woodrow D. Wollesen
President, Execunet, Inc. / 770-435-0880
Nationally Recognized Business Financing Expert, Taekwondo 4th Dan/Master, Two Time National Champion, National Record Holder
Founder/Chairman – Ultimate Financing Guide/ Operation Veteran Empowerment
Also further background profile at:
Operation Veteran Empowerment

Scholarship America

Scholarship America has worked with Wells Fargo, who committed $1 million over the next four years, to establish a scholarship program for people with disabilities. Applications for the new program have just launched and we want to make sure this information gets to the right people.

The Wells Fargo Scholarship Program for People with Disabilities is designed to help people with disabilities obtain the education or training necessary to succeed in the career path of their choice.

To apply, applicants must:

  • Have an identified disability (defined as someone who has, or considers themselves to have, a long-term or recurring issue that impacts one or more major life activity).
  • Be high school seniors or graduates who are planning to enroll (or who are already enrolled) in full- or half-time undergraduate study at an accredited two- or four-year college or university in the United States for the 2017-2018 academic year.
  • Have a minimum grade point average of 3.0 on a 4.0 scale or its equivalent.

The deadline to apply is January 17, 2017 or until 700 applications are submitted, whichever comes first. 

Bank of America is Hiring!

At Bank of America, we honor and respect where you’ve been, and want to help you get to where you want to go. We’re connecting our nation’s service members, veterans and their families to the training, education and resources that put you on the path to financial stability and career opportunities. That includes a commitment to hire 10,000 active duty, guard and reservists, as well as veterans over the next few years, and tools and resources to assist with a successful transition to civilian life.

Working with our partners at, we created a series of courses designed just for military members seeking to enhance their business and communications skills as they enter the job search, or change their career. Known as “Military Learning Pathways,“ the courses are relevant, timely, and built based on feedback from our own employees who recently made the transition.

Best of all, the Military Learning Pathways can be accessed day or night, from around the world, without any sign-up requirement or fee. To access the Pathways, go to our Military Transition and Careers web site ( and select “Transition Resources.” From there you’ll be directed to our Military Learning Pathways on
• Entry Level- Communication and Business Skills
• Entry Level- Personal Development
• Advanced- Communication and Business Skills
• Advanced-Personal development
• Finances: Manage Your Money

Also available on our Military transition and careers site is a Military Transition Action Timeline ( which puts in one place the critical items to consider starting at 18 months prior to your transition. The timeline offers details for securing a civilian or government job, starting your own business and going back to school. We have Self-Study Guides to help develop your workplace and business knowledge, including tips on resumes, interviews, office etiquette — and much more. Also available is information on our great military and veteran service organization partner which offer additional resources for transitioning military and their families.

Working together, protecting your fellow soldiers was your way of life. Returning to civilian life can be difficult without a team to support you. With thousands of veteran employees among us, you can find the support you need with our team. In addition to our transition resources, our Military Support and Assistance Group is a nationwide community of veterans, employees with family members serving in the military, and supporters which offers mentoring, networking, as well as volunteer events to give back.
Learn more about joining us at Bank of America at our Military transition and careers web site. We thank you for your service and our entire company stands behind you!