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Student Loan Providers May Get Government Help for One More Year
17 September 08 05:08 PM | Student Loan Girl | 0 Comments   

With problems in the credit markets continuing to plague student loan providers, the U.S. House of Representatives overwhelmingly approved a year-long extension of the Ensuring Continued Access to Student Loans Act , which allows the secretary of education Read More...

Filed under: aid extension, authority, buy student loans, cash-strapped lenders, college degree, college loans, colleges, Congress, credit market problems, credit markets, Department of Education, education secretary, Ensuring Continued Access to Student Loans Act, federal student loans, guarantee agencies, HR 5715, lender of last resort, loan accessibility, loan purchasing power, market conditions, NextStudent, private lenders, Secretary of Education, Senate, student loan lenders, student loans, third-party lenders, U.S. House of Representatives, universities

Kentucky Set to Buy $50 Million Bond So Students Can Get College Loans
18 August 08 03:57 PM | Student Loan Girl | 0 Comments   

To ensure that Kentucky students get the money they need to pay for school, Kentucky Gov. Steve Beshear has authorized the state to buy a $50 million bond from the state’s student loan agency just before fall classes get underway, reports the Lexington Read More...

Filed under: bond sale, bridge financing, bridge loan, cash-strapped lenders, college loans, Education Department, Ensuring Continued Access to Student Loans Act, financial aid, H.R. 5715, Kentucky Higher Education Assistance Authority, Kentucky Post, Kentucky students, Lexington Herald-Leader, Massachusetts, MEFA, NextStudent, private placement bond, state student loan agency, Steve Beshear, Student Loan People, student loans, U.S. Department of Education