CONSUMER CATCH-UP: Boeing grounds more planes for repairs, JCPenney's to close more stores, and how to negotiate your student financial aid offer

SAN FRANCISCO (KGO) -- Boeing troubles continue with 737 wing issues

Boeing continues to make travel a bit more difficult for passengers.

Boeing is telling some of the airlines flying its 737 to replace a part on the wings. The "slat tracks" manufactured by one supplier were found to have potential problems, and need to be replaced.

The repairs could take more than 100 jets out of service.

Boeing said it's working with regulators and airlines and the replacement parts. Once they arrive, it should take just a few days to install.



JCPenney to close 27 stores

More brick and mortar stores are closing. This time it's JCPenney making the announcement.

The department store chain says it will shutter 27 locations this summer. According to Business Insider, one of the stores is located here in the Bay Area at Newark's NewPark Mall.

JCPenney just celebrated its 117th anniversary -- but sales continue to slump, off more than five percent from a year ago. JCPenney is one of the nation's largest department stores, and operates more than 800 stores nationwide.



Haggling for student loans: FAFSA support is negotiable

Most students heading off to college fill out their FAFSA Form, or Free Application for Federal Student Aid, and then hope for the best. Later, a letter arrives from a college saying what financial support will be provided.

Most people believe it is a take it or leave it moment, but according to Forbes's Robert Farrington, it's just the beginning of the second phase.

The financial award letter you receive is an offer -- and you can negotiate. If there has been a death your family, big medical bills, or a recent loss in income, you can ask for a reconsideration. Make a good enough case, and the university could sweeten the deal.



Take a look at more stories and videos by Michael Finney and 7 On Your Side.

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