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Pastors Indicted in $4 Million Student Loan Scheme
26 November 08 04:19 PM | Student Loan Girl | 0 Comments   

The husband-and-wife pastors of a Houston church have been indicted in a student loan scheme in which the pastors and another church leader allegedly defrauded the government of millions of dollars in student loans, according to a news release from the Read More...

Filed under: college, college loans, Community Colleges, Eric Washington, Federal Emergency Management Agency, federal student loans, Felicha Willams, FEMA, Fisheres of Men Worship Center, Houston churches, Houston community colleges, Hurrican Katrina shetlers, Hurricane Katrina evacuees, NextStudent, private student loans, Sheila Washington, student loan lawsuits, student loan applications, student loan frauds, student loan schemes, student loans, Texas churches, Texas community colleges, Texas pastors, Tony Overstreet, U.S. Attorney General Office, Wells Fargo

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