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Students’ College Access to Improve, Vice President Pledges
23 April 09 04:50 PM | Student Loan Girl | 0 Comments   

Vice President Joe Biden intends to make higher education a reality for more young people, the Associated Press reports, in part by closing the gap between families’ incomes and rising college costs. Read More...

Filed under: 529 plan, 529 savings plans, American Opportunity Tax Credit, Betsy Taylor, college, college costs, college financial aid, college loans, college savings plans, Direct Loan Program, federal government, federal Pell Grant, federal student loan, federal student loan incentive, financial aid, higher education, Joe Biden, low income families, low interest loan, middle income families, need based grants, NextStudent, Obama, Obama administration, paying for college, Pell Grant, private lender, rising college costs, student loan industry, student loans, Tax Breaks, tax credit, tax deferred, tax deferred 529 savings plans, The Associated Press, Treasury Department, tuition, tuition expenses, USA Today, Vice President Joe Biden, White House Taps college affordability

The Plot Thickens for the Future of Student Lending
13 April 09 05:00 PM | Student Loan Girl | 0 Comments   

It’s “all hands on deck” for federal student loan lenders, who have made it abundantly clear that they’re not going to roll over and accept the terms of the Obama administration’s proposal to axe their Federal Family Education Loan Program in favor of the Education Department’s Direct Loan Program without a fight. Read More...

Filed under: Albert Lord, Allen Boyd, college, college loans, Congressional Budget Office, default prevention, Direct Loan Program, Education Department, Federal Family Education Loan Program, federal loan program, federal student loans, FFEL program, FFELP lenders, Florida representatives, government bailout, government loan program, NextStudent, Obama administration, Pell Grant program, private lenders, representative Timothy Bishop, Sallie Mae, Southampton College, state loan guarantee agencies, student loan companies, student loan providers, student loans, The New York Times

Federal Student Loan Lenders Fight for Survival
30 March 09 04:52 PM | Student Loan Girl | 0 Comments   

In what is being viewed as a direct hit to private third-party lenders in the Federal Family Education Loan Program who are fighting to keep the program alive, the U.S. Department of Education’s preliminary data paints the FFEL program as a costly and Read More...

Filed under: American Council of Education, Barack Obama, Brett Lief, college, college loans, Congressioanl Budget Office, Consumer Bankers Association, direct loan borrowers, Direct Loan Program, direct loans, Education Department loans, Federal Family Education Loan Program, Federal Pell Grant Program, federal Pell Grants, Federal Student Loan Program, federal student loans, federal subsidies, FFEL program, FFELP, FFELP lenders, National Council of Higher Education Loan Programs, NextStudent, Obama administration, Obama legislation, Obama proposals, President Obama, Sallie Mae student loans, state student loan guarantee agencies, student loan borrowers, student loan default prevention programs, student loan default rate data, student loan default rates, Student Loan Legislation, student loans, Terry Hartle, The Wall Street Journal, U.S. Department of Education, U.S. Freedom of Information Act

House Dems Get Second Crack at Higher Education Appropriations Bill
25 February 09 04:23 PM | Student Loan Girl | 0 Comments   

Just days after President Obama signed a $787 billion economic stimulus bill into law, House Democrats have reintroduced a $410 billion overdue appropriations measure that would finance dozens of federal agencies and programs, including many related to Read More...

Filed under: Academic Competitiveness Grants, appropriations bill, appropriations legislation, Bush administration, college, college accessibility, college financial aid, college financing, college grants, college loans, Congressional Democrats, continuing resolutions, David Obey, economic stimulus bill, federal financial aid, federal grant programs, federal grants, Federal Pell Grant Program, Fund for the Improvement of Postsecondary Education, Gear Up program, higher eduaction funding, Higher Education Legislation, House Appropriations Committee, House of Representative Democrats, National Institutes of Health, National Science and Mathematics Access to Retain Talent grants, NextStudent, Obama administration, Pell Grants, President George Bush vetoes, President Obama, science research funding, SMART Grants, student financial aid programs, student loans, U.S. Congress, Wisconsin legislators, Wisconsin representatives

Revised Federal Reserve Plan Could Boost Student Loan Lending
11 February 09 04:52 PM | Student Loan Girl | 0 Comments   

Student loan lenders and holders of student loan securities are set to be among the beneficiaries of a $1 trillion government plan unveiled by Treasury Secretary Timothy Geithner this week to jump-start the credit markets and encourage private sector Read More...

Filed under: CNN Money, college lending, college loans, Consumer and Business Lending Initiative, economic recovery, Federal Reserve, first 100 days, Moody's Economy, NextStudent, Obama administration, Scott Hoyt, stimulus bill, student loan lenders, student loan lending, student loan market, student loan securities, student loans, top rated securities, Trasury Department, Treasury Secretary Timothy Geithner

Colleges Want Piece of Federal Government’s “Bailout Pie”
20 November 08 04:17 PM | Student Loan Girl | 0 Comments   

With 39 states anticipating budget shortfalls next year totaling more than $100 billion, colleges are urging Congress to include them in a second economic stimulus bill currently being drafted, The Chronicle of Higher Education reports (“ As the Economic Read More...

Filed under: airline industry, American Association of Medical Colleges, American Association of State Colleges and Universities, Association of American Universities, Association of Jesuit Colleges and Universities, auto industry, budget shortfall, Bush administration, business development, campus construction, Chronicle of Higher Education, Chrysler, college, college associations, college financial aid, college loans, college lobbyists, Cynthia Littlefield, deteriorating economy, economic stimulus bill, endowments, financial aid, Ford, General Motors, GM, government aid, jobs, National Institutes of Health, needy students, NextStudent, Obama administration, paying for college, Pell, Pell Grant, President Bush, President elect Obama, state government, Student Aid Alliance, student loans, tax revenue, tuition, work ready students