Business News: Borrowing for college down

(CNN)- A growing number of Americans are paying for college out of their own pockets.  That is according to Sallie Mae, which specializes in educational financing.  In the last school year, nearly half of the cost for college was covered by parents or student income or savings.  Sallie Mae's report also shows families borrowed 27-percent of college costs last year. This year its 22-percent.  Many parents are cutting costs in areas like student housing and textbooks.

(CNN)- Southwest Airlines and Seaworld will end their more than 25-year partnership at the end of this year.  For years, three planes painted to look like killer whale "Shamu" have flown nationwide for the airline.  It has all been part of a marketing partnership between the companies. A mutual announcement blames "shifting priorities" for the decision to split.  Earlier this year, activists delivered a signed petition at Southwest headquarters, urging the airline to end the relationship. They cited the cnn documentary "Blackfish," which focused on some controversial practices at Seaworld.  In case you were wondering, all three "Shamu" planes will be repainted to match the rest of the Southwest fleet.

(CNN)- Michael Jackson's Neverland may be put up for sale.  The investment company that owns a controlling interest in the 27-hundred California property is considering the move.  According to the spokesman for Colony Capital, the Santa Barbara County property is not currently on the market.  Jackson's estate issued a statement saying "we are saddened at the prospect of the sale of Neverland." It went on to say that under the agreement, Colony has the right to sell.



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