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Overhaul of Student Loan System in the Works
22 June 09 08:30 AM | Student Loan Girl | 0 Comments   

A bill to overhaul the student loan industry may reach Congress as early as next week; education-committee chairs are working behind the scenes on a piece of legislation that would eliminate the third-party student loan system called the Federal Family Read More...

Filed under: Congressional Budget Office, Consumer Price Index, fate of student loan industry, Federal Family Education Loan Program, Federal Pell Grant Program, federal student loan lenders, Federal Student Loan Program, federal student loans, FFEL program, FFELP, FFEP lenders, NextStudent, Obama student loan plan, Pell Grants, private student loans, Sallie Mae, student loan industry, student loan laws, Student Loan Legislation, student loan overhaul, student loan regulation, student loans, The Chronicle of Higher Education, third party student loan lenders

More Schools Offering Direct Student Loans
13 March 09 02:25 PM | Student Loan Girl | 0 Comments   

The direct student loan program — which President Obama wants to establish as the sole provider of federal student loans by 2010 — is swiftly gaining ground on the Federal Family Education Loan Program. Read More...

Filed under: Barry Feierstein, college, college financial aid, college loans, Department of Education, Direct Loan Program, direct student loan program, Federal Family Education Loan Program, federal student loans, FFEL program, financial aid, NextStudent, originator of federal student loans, paying for college, poor customer service, President Obama, private student loan lenders, private third party lenders, Sallie Mae, Sandra Block, student loan default, student loan industry, student loans, surge in loan volume, tuition, USA Today