Browse by Tags

• admissions offices
• Andrew Cuomo
• Bank of America
• Boston Business Journal
• Chapter 11
• Chicago Tribune
• Chronicle of Higher Education
• college
• college costs
• College Enrollment
• college financial aid
• college graduates
• college loans
• college planning company
• credit crisis
• Cuomo investigation of student loan lenders
• David Hoeft
• David Warren
• debt
• debt collection agencies
• debt collection
• debt collection companies
• Debt Collectors
• deceptive marketing practices
• deferment
• deferring student loans
• delinquent college loans
• delinquent student loans
• economic downturn
• Education Department
• Embark
• enrollment
• Erika Smith
• extend student loan terms
• Federal Family Education Loan Program
• federal loans
• federal student loan repayment options
• federal student loans
• FFELP
• financial aid
• Financial Aid Officers
• First Marblehead
• FMC
• forbearance
• forbearing student loans
• government debt
• income-based repayment plan
• Indiana debt collection agencies
• Indianapolis debt collectors
• Lehman Brothers
• lender code of conduct
• limited job availability
• MyRichUncle
• NAICU
• NAICU survey
• National Association of Independent Colleges and Universities
• New York Times
• paying for college
• Premiere Credit of North America
• private lenders
• private loans
• private student loans
• revenue
• Sarah Flanagan
• shares
• Student Aid
• student loan companies
• student loan crisis
• student loan crunch
• student loan debt
• student loan defaults
• student loan market
• student loan payments
• student loans
• TERI
• The Chronicle of Higher Education
• The Education Resources Institute
• The Indianapolis Star
• The Princeton Review
• third party lenders
• tuition
• U.S. Department of Education
• unpaid student loans
• unsecured debt

Student Loan Default Rate On the Rise
20 April 09 04:02 PM | Student Loan Girl | 0 Comments   

Weighed down by job losses, limited job availability, and lower salary wages, college graduates — who leave school owing an average of $22,500 in student loans — are defaulting on their federal student loans at the highest rate since 1998 (“ In Grim Job Read More...

Filed under: bankruptcy, college graduates, college loans, deferment, deferring student loans, extend student loan terms, federal student loan repayment options, federal student loans, forbearance, forbearing student loans, income-based repayment plan, limited job availability, New York Times, NextStudent, student loans

MyRichUncle Stops Making Student Loans, Files for Bankruptcy
18 February 09 05:06 PM | Student Loan Girl | 0 Comments   

MyRichUncle, the student loan company that “caustically ridiculed the financial ties between colleges and student loan companies” has filed for Chapter 7 bankruptcy, The Chronicle of Higher Education reports (“ Student-Loan Industry’s Caustic Rebel Now Read More...

Filed under: admissions offices, Andrew Cuomo, bankruptcy, Chronicle of Higher Education, college loans, college planning company, Cuomo investigation of student loan lenders, deceptive marketing practices, Embark, Financial Aid Officers, lender code of conduct, MyRichUncle, NextStudent, student loan companies, student loans, The Princeton Review

Debt Collection Agency Adding Hundreds of Jobs
18 November 08 10:21 AM | Student Loan Girl | 0 Comments   

Premiere Credit of North America , a debt collection agency based in Indianapolis, is a bit of an anomaly in today’s down economy — it is thriving at a time when many businesses are cutting back their workforces and many debt collection agencies are losing Read More...

Filed under: bankruptcy, Chicago Tribune, college, college loans, David Hoeft, debt, debt collection agencies, debt collection, debt collection companies, Debt Collectors, delinquent college loans, delinquent student loans, economic downturn, Education Department, Erika Smith, government debt, Indiana debt collection agencies, Indianapolis debt collectors, NextStudent, Premiere Credit of North America, private student loans, student loan debt, student loan defaults, student loan payments, student loans, The Indianapolis Star, U.S. Department of Education, unpaid student loans, unsecured debt

Student Loan Crunch Affected Some Private Schools, But Crisis Largely Avoided
28 October 08 01:59 PM | Student Loan Girl | 0 Comments   

The student loan crunch that began this past spring failed to become the widespread crisis that experts predicted, according to the results of a survey by the National Association of Independent Colleges and Universities . Still, the NAICU reports, some Read More...

Filed under: bankruptcy, college, college costs, College Enrollment, college financial aid, college loans, David Warren, enrollment, Federal Family Education Loan Program, financial aid, Lehman Brothers, NAICU, NAICU survey, National Association of Independent Colleges and Universities, NextStudent, paying for college, private lenders, Sarah Flanagan, Student Aid, student loan crisis, student loan crunch, student loans, The Chronicle of Higher Education, third party lenders, tuition

Bank of America Backs Out of Private Student Loan Business
19 April 08 02:03 PM | Student Loan Girl | 1 Comments   

On April 17, Bank of America Corp. notified student-loan packager First Marblehead Corp. that it would no longer offer private student loans, focusing instead on providing federal student loans. Bank of America’s announcement comes amid increasing unsteadiness Read More...

Filed under: Bank of America, bankruptcy, Boston Business Journal, Chapter 11, college, college loans, credit crisis, federal loans, federal student loans, FFELP, financial aid, First Marblehead, FMC, NextStudent, private loans, private student loans, revenue, shares, student loan market, student loans, TERI, The Education Resources Institute