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Banks Become More Selective, Leaving Some Colleges Without Student Loans
02 June 08 05:49 PM | Student Loan Girl | 0 Comments   

Students at community colleges, for-profit universities, and other less competitive institutions may soon have trouble finding a lender willing to offer them federal student loans. Citibank, JP Morgan Chase, PNC, and SunTrust are no longer offering student loans to certain colleges — schools that the banks have determined tend toward higher default rates, fewer borrowers, and small loan amounts that make business less profitable. Read More...

Filed under: Citibank, College Board, college loans, community college, federal student loans, financial aid, Jonathan D. Glater, JPMorgan Chase, Nelnet, New York Times, NextStudent, Perkins loans, PLUS Loans, PNC, private student loans, Sallie Mae, SLC, Stafford Loans, student debt, Student Loan Corporation, student loan lenders, student loans, SunTrust, tuition, Wells Fargo, William Jessup University

Harvard’s Aid to Middle-Class Families a Signal for Change
03 January 08 03:03 PM | Student Loan Girl | 0 Comments   

In December Harvard University announced it would begin offering increased financial aid to students of middle and upper-middle class families. Those families earning between $120,000 and $180,000 will only have to pay about 10 percent of their income, Read More...

Filed under: award letters, Bryn Mawr, Center for the Study of Higher Education, college, cost-cutting, Dickinson, discounts, Donald Heller, Education, financial aid, funding, grants, Harvard, Haverford, income, Ivy League, Jenny Rickard, John Strassburger, Jonathan D. Glater, liberal arts, middle-class, Need-Based Aid, New York Times, NextStudent, Pomona, price tag, Scholarships, student loans, Swarthmore, tuition, University of Pennsylvania, UPenn, Ursinus College, William Durden, William Fitzsimmons