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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...
Governor Launches Website to Help Massachusetts Families Find Student Loans
07 August 08 04:32 AM | Student Loan Girl | 0 Comments   
Massachusetts Gov. Deval Patrick has set up a financial assistance website to help the 40,000 families who were previously served by the Massachusetts Educational Financing Authority to find a new student loan provider for the 2008–09 academic year, following Read More...
Wachovia Suspends Its Undergraduate Private Student Loan Program
06 August 08 05:41 PM | Student Loan Girl | 0 Comments   
After posting an $8.9 billion second-quarter loss in July, Wachovia Corp. announced on Tuesday that, effective August 5, it would stop accepting applications for undergraduate private student loans. Read More...
President Bush Signs Legislation That Boosts Availability of Student Loans
08 May 08 09:15 AM | Student Loan Girl | 0 Comments   
On May 7, President George Bush signed into law legislation intended to help stabilize the $85-billion student loan industry and to avert a predicted shortage in student loans. The law will allow the U.S. Department of Education to buy bundled student 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...
Arkansas Offers State Student Loan Agency $80M Line of Credit
24 April 08 04:53 PM | Student Loan Girl | 0 Comments   
The Arkansas state student loan authority has been tentatively approved for an $80 million loan after an announcement that it may not be able to continue issuing student loans without financial assistance. The state board of finance, the investment arm Read More...

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