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Government’s Direct Lending Program Sees 43-Percent Increase in Volume
02 September 08 05:36 PM | Student Loan Girl | 0 Comments   
As cash-strapped lenders continue to drop out of the Federal Family Education Loan Program , the number of student loans originated for the 2008–09 school year through the government’s Direct Loan Program has increased by 43 percent, reports The Chronicle Read More...
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...
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...
Sen. Hillary Clinton Unveils Plan to Tackle the Student Loan Crisis
29 April 08 10:56 AM | Student Loan Girl | 0 Comments   
Sen. Hillary Rodham Clinton recently announced the details of a sweeping plan to help ensure students have continued access to federal student loans amid a flurry of private lenders leaving the federal student loan program. “Hundreds of thousands of students Read More...
Kennedy to Colleges: Have Back-Up Plan for Students
21 April 08 05:34 PM | Student Loan Girl | 0 Comments   
In a letter sent to the American Council on Education on April 15, Sen. Edward Kennedy , D-Mass., the chairman of the Senate Education Committee, urged colleges to sign up for the Department of Education’s Federal Direct Loan Program as a preventive measure Read More...
Department of Education Planning Emergency Financial Aid Survey
18 April 08 04:45 PM | Student Loan Girl | 0 Comments   
In an effort to better gauge the availability of federal student loans, the U.S. Department of Education is planning to issue an emergency survey to the 4,500 colleges that participate in the Federal Family Education Loan Program. With almost 50 FFELP Read More...

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