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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

Committee Discusses Ways to Reduce College Students’ Credit Card Misuse
01 July 08 03:24 PM | Student Loan Girl | 0 Comments   

During testimony before the House Subcommittee on Financial Institutions and Consumer Credit , Benjamin Lawsky, deputy counselor to New York Attorney General Andrew Cuomo , said predatory credit-card companies are taking advantage of college students Read More...

Filed under: American Bankers Association Card Policy Council, Andrew Cuomo, Benjamin Lawsky, college, college credit cards, college loans, college students, Credit Card Debt, credit card misuse, credit cards, Interest Rates, New York Attorney General, NextStudent, student loans

Availability of Federal Perkins Student Loans Is Dwindling
13 April 08 10:28 AM | Student Loan Girl | 0 Comments   

A growing shortage of funds in the federal Perkins student loan program could affect as many as 50,000 students in the upcoming academic year, according to a recent article in U.S. News & World Report . Students who would have been eligible to receive Read More...

Filed under: college, college loans, Department of Education, financial aid, funding, graduate students, Interest Rates, Kim Clark, Loans, Michigan State University, MSU, NextStudent, Ohio University, Perkins Loan Program, Perkins loans, Rick Shipman, State News, student loans, subsidized, U.S. News & World Report, undergraduate, University of Maryland

Hope On The Horizon: Student Debt Relief Act in Senate
24 January 07 08:47 PM | Student Loan Girl | 0 Comments   

I have posted blogs in the past several weeks regarding states that are implementing college financial aid programs at the community college or public college level, making education an affordable reality for lower-income students. Just yesterday a major Read More...

Filed under: College Funding, College Tuition, College Tuition Tax Deduction, Consolidation, financial aid, higher education, Interest Rates, Loan Forgiveness, Low-Income Students, Next Student, NextStudent, Origination Fees, Pell Grants, Reconsolidation, student debt, Student Debt Relief Act, student loan consolidation, student loans