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Community Colleges Want to Control How Much Certain Students Can Borrow in Student Loans
20 June 08 04:54 PM | Student Loan Girl | 1 Comments   

Concerned that some students at two-year schools may borrow more in federal student loans than they can afford to repay, community college officials want the federal government to give community colleges control over how much their students can borrow Read More...

Filed under: AACC, American Association of Community Colleges, college graduation, college loans, community college loans, Community Colleges, David Baime, federal aid, federal student loans, federally subsidized student loans, financial aid, NextStudent, student borrowing, student loan debt, student loans, The Chronicle of Higher Education, two-year schools

Proposed Legislation Would Prevent Student Loan Lenders from ‘Cherry-Picking’ Schools They Lend To
19 June 08 06:14 PM | Student Loan Girl | 0 Comments   

To ensure all students have access to student loans regardless of what type of school they attend, two Democratic senators introduced legislation Tuesday that would prohibit banks and other lenders from “picking and choosing” which institutions of higher Read More...

Filed under: Christopher Dodd, Citibank, college loans, Community Colleges, default rates, Edward Kennedy, Federal Family Education Loan Program, FFELP, FFELP lenders, financial aid, higher education, Jonathan D. Glater, JPMorgan Chase, Low-Income Students, NextStudent, Patty Murray, PNC, selective lending, Senate Committee on Health Education Labor and Pensions, student loan crisis, student loans, SunTrust, The New York Times, two-year schools, U.S. Department of Education, universal college loans

Back from Surgery, Kennedy Calls On Community Colleges to Switch to Direct Lending
17 June 08 11:11 AM | Student Loan Girl | 0 Comments   

Sen. Edward Kennedy , D-Mass., sent a letter Monday to the American Association of Community Colleges , urging its members to enroll in the government’s Direct Loan Program in order to ensure community college students have access to student loans for Read More...

Filed under: AACC, American Association of Community Colleges, college loans, Community Colleges, credit crunch, David Baime, direct lenders, direct lending program, Direct Loan Program, Education, Education Department, Edward Kennedy, Federal Family Education Loan Program, FFELP, FFELP lenders, Labor and Pensions, NextStudent, private lenders, Senate Committee on Health, Senator Edward Kennedy, Senator Kennedy, student loan crisis, student loan shortage, student loans, subsidy cuts, U.S Department of Education

With Government’s Help, Lenders Returning to Federal Student Loan Market
05 June 08 02:08 PM | Student Loan Girl | 0 Comments   

A number of lenders who abandoned the federal student loan market in recent months may be returning, in light of a new law designed to keep struggling lenders afloat, according to a Dow Jones Newswires article. Many of the 102 companies that scaled back Read More...

Filed under: Brett Lief, Citibank, college loans, Community Colleges, Dow Jones Newswires, Ensuring Continued Access to Student Loans Act, Federal Family Education Loan Program, federal student loans, FFELP, HR 5715, JPMorgan Chase, Kentucky Higher Education Assistance Authority, National Council of Higher Education Loan Programs, NCHELP, Nelnet, NextStudent, Northstar Education Finance Inc., PNC, Sallie Mae, student loan lenders, student loan market, student loans, SunTrust, Two-Year Colleges

Grant Process Closed on Strengthening Institutions Program
31 January 07 09:55 PM | Student Loan Girl | 0 Comments   

Grants are an important source of funding for any institution and organization in need of money. Not only do grants help students defray the cost of attendance, they also help colleges keep their tuition costs in check because awarded funds can help strengthen Read More...

Filed under: College Funding, Community Colleges, Consolidation, Department of Education, federal grants, financial aid, Next Student, NextStudent, Scholarships, Strengthening Institutions Program, student loan consolidation, student loans