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The Plot Thickens for the Future of Student Lending
13 April 09 05:00 PM | Student Loan Girl | 0 Comments   

It’s “all hands on deck” for federal student loan lenders, who have made it abundantly clear that they’re not going to roll over and accept the terms of the Obama administration’s proposal to axe their Federal Family Education Loan Program in favor of the Education Department’s Direct Loan Program without a fight. Read More...

Filed under: Albert Lord, Allen Boyd, college, college loans, Congressional Budget Office, default prevention, Direct Loan Program, Education Department, Federal Family Education Loan Program, federal loan program, federal student loans, FFEL program, FFELP lenders, Florida representatives, government bailout, government loan program, NextStudent, Obama administration, Pell Grant program, private lenders, representative Timothy Bishop, Sallie Mae, Southampton College, state loan guarantee agencies, student loan companies, student loan providers, student loans, The New York Times

Despite Down Economy, College Student Aid Still Thriving
23 March 09 05:18 PM | Student Loan Girl | 0 Comments   

In economic downturns, colleges and universities become flooded with students of all ages looking to better prepare themselves for an increasingly competitive job market. But these schools haven’t been immune to the effects of today’s recession. Fortunately, for every recent economic downturn in higher education there’s also been a tangible upside. Read More...

Filed under: Associated Press, college, college aid, college endowments, college loans, Direct Loan Program, economic recession, Education Department, Federal Family Education Loan Program, federal stimulus money, federal student aid, federal student loan programs, federal student loans, FFELP, FFELP lenders, institutional aid, Kent State University, Manchester College, merit scholarships, merit aid, National Association of Independent Colleges and Universities, NextStudent, pell grant awards, pell grant increases, Pell Grants, private student loans, public colleges budget crisis, Stafford student loans, state aid, state budget cuts, Student Aid, student loan market, student loan securities, student loans, tuition applications, tuition assistance, tuition costs, tuition hikes, tuition increases, tuition waivers, U.S. Department of Education

State Approves $50-Million Bridge Loan, Kentucky Students Will Finally See Their Student Loans
04 September 08 05:26 PM | Student Loan Girl | 0 Comments   

Students attending colleges and universities in Kentucky, many of whom have already begun their fall semester, will soon receive their federal student loans now that the state has finalized its $50 million bridge-loan deal with the state’s nonprofit student Read More...

Filed under: bridge loans, college, college loans, Department of Education, Education Department, Edward Cunningham, Federal Education Loan Program, FFELP, FFELP lenders, Governor Steve Beshear, Kentucky Governor, Kentucky Higher Education Student Loan Corp., Kentucky student loans, News-Democrat Leader, NextStudent, private student loans, state student loan agencies, state student loan providers, student loan crisis, student loan providers, student loan purchase program, student loans, The Student Loan People, The Student Loan People CEO

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