Through their recently launched division focused on college applicants and attendees, Sourcebooks EDU, the company has acquired two online financial aid resources, the free website managingcollegecost.com and the subscription site myfinancialfit.com. Both were founded by veteran admissions and guidance counselor Frank Palmasani to help families manage the cost of college. Sourcebooks “plans to make these tools more widely available, as well as enhance these resources with additional video, content, webinars, seminars, books, interactive ebooks, and software tools.” Incoming Bertelsmann ceo Thomas Rabe is forming a new high-level advisory committee comprising seven senior executives from the company’s individual divisions which will […]