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Nonprofit Lenders Hurt by Legislation Intended to Help Them
01 August 08 06:53 PM | Student Loan Girl | 0 Comments   

As lenders continue to scale back or suspend their student loan programs amid a troubled economy and now-unprofitable federal education loans, newer legislation designed to help struggling lenders — nonprofit student loan providers in particular — may be doing more harm than good. Read More...

Filed under: Chronicle of Higher Education, College Cost Reduction and Access Act, college loans, credit crisis, Department of Educaiton, Education Finance Council, EFC, Ensuring Continued Access to Student Loans Act, federal student loans, financial aid, Interest Rates, National Council of Higher Education Loan Programs, NCHELP, NextStudent, Paul Basken, Peter Warren, Shelly Repp, Stafford Loans, student loan availability, student loans, subprime mortgage crisis

Nursing, Teaching, Law Enforcement, Professions Losing Student Loan Incentives
13 June 08 10:30 AM | Student Loan Girl | 0 Comments   

College graduates preparing to enter critical fields like nursing and teaching may no longer be able to take advantage of programs that previously offered them a break on their student loans. In at least six states this year, state-affiliated lenders Read More...

Filed under: college loans, Education Finance Council, EFC, Federal Student Loan Program, Kentucky Higher Education Assistance Authority, Krista Cole, MHESLA, Michigan Higher Education Student Loan Authority, Mike Reiber, Missouri Higher Education Loan Authority, MOHELA, New Hampshire Higher Education Loan Corp., NextStudent, NHHELCO, nursing student loans, Pennsylvania Higher Education Assistance Agency, PHEAA, student loan benefits, student loan lenders, student loan providers, student loans, teaching student loans, The Iowa Student Loan Liquidity Corp.