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Borrower Sues Student-Loan Lender for Allegedly Reneging on Its Contract
18 July 08 06:03 PM | Student Loan Girl | 0 Comments   

A student-loan borrower has filed a class-action lawsuit against student-loan lender Northstar Higher Education for allegedly breaking its contract with borrowers. In the suit, filed Monday with the U.S. District Court in Los Angeles, Northstar is accused Read More...

Filed under: auction-rate securities, college loans, credit crunch, interest-rate reduction, Jennifer So, Mark Lindgren, Minneapolis Star Tribune, NextStudent, Northstar, Northstar Education Finance Inc., Northstar Higher Education, student loan borrowers, student loan lenders, student loans, T.H.E. Repayment Bonus

With Government’s Help, Lenders Returning to Federal Student Loan Market
05 June 08 02:08 PM | Student Loan Girl | 0 Comments   

A number of lenders who abandoned the federal student loan market in recent months may be returning, in light of a new law designed to keep struggling lenders afloat, according to a Dow Jones Newswires article. Many of the 102 companies that scaled back Read More...

Filed under: Brett Lief, Citibank, college loans, Community Colleges, Dow Jones Newswires, Ensuring Continued Access to Student Loans Act, Federal Family Education Loan Program, federal student loans, FFELP, HR 5715, JPMorgan Chase, Kentucky Higher Education Assistance Authority, National Council of Higher Education Loan Programs, NCHELP, Nelnet, NextStudent, Northstar Education Finance Inc., PNC, Sallie Mae, student loan lenders, student loan market, student loans, SunTrust, Two-Year Colleges