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Proposed Bailout for Massachusetts Student Loan Authority Uncertain
15 August 08 06:42 PM | Student Loan Girl | 0 Comments   

A third attempt to generate liquidity for the Massachusetts Educational Financing Authority may be too little too late for some 40,000 Massachusetts college students. With proposals from both the state’s governor and treasurer fizzling out, the student loan agency is attempting to raise funds from large investors through a new public bond offering — a deal that wouldn’t be finalized until September. Read More...

Filed under: bond issues, bond offerings, bonds, Boston Globe, college, college loans, credit crisis, credit crunch, Cyndi Roy, Deval Patrick, economic downturn, economy, financial aid, HESAA, Higher Education Student Assistance Authority, Massachusetts Educational Financing Authority, MEFA, NextStudent, paying for college, private student loans, student loan crisis, student loans, subprime mortgage crisis, subprime mortgage crisis fallout, Timothy Cahill, tuition

Governor Launches Website to Help Massachusetts Families Find Student Loans
07 August 08 04:32 AM | Student Loan Girl | 0 Comments   

Massachusetts Gov. Deval Patrick has set up a financial assistance website to help the 40,000 families who were previously served by the Massachusetts Educational Financing Authority to find a new student loan provider for the 2008–09 academic year, following Read More...

Filed under: bond sale, bonds, Boston College, college, college loan, college loans, credit crisis, credit crunch, Deval Patrick, economic downturn, economy, federal loans, federal student loans, financial aid, Gov Patrick, Harvard, Massachusetts, Massachusetts Educational Financing Authority, MEFA, MIT, NextStudent, paying for college, student loan crisis, student loans, subprime mortgage crisis, subprime mortgage crisis fallout, tuition, University of Massachusetts

Community Banks May Be an Option for Families Looking to Weather Student Loan Crunch
06 August 08 06:17 PM | Student Loan Girl | 0 Comments   

Although the turmoil in the nation’s credit markets has forced student loan providers, including some big banks, to stop offering federal and private student loans, these lenders’ financial troubles may provide the opening community banks need to get Read More...

Filed under: A Role for Community Banks in Student Loan Crunch, aid, college, College Financial Aid, community banks, credit crisis, credit crunch, Douglas Stebbins, financial aid, local banks, NextStudent, student loan, student loan credit crunch, student loans, tuition

The New Financial Aid Landscape
26 April 08 12:41 PM | Student Loan Girl | 0 Comments   

Even as the media has been drawn in recent months to the looming student loan availability crisis, many of the country’s top colleges and universities have been revamping their financial aid programs to better assist parents and students in covering their college costs. Read More...

Filed under: accessibility, Anne Marie Chaker, COA, college, college loans, Cornell, cost of attendance, credit crisis, Dartmouth, debt, EFC, endowment, expected family contribution, financial aid, grants, Harvard, income, inflation, MIT, NextStudent, private student loans, Stanford, student debt, student loan crisis, student loan debt, student loans, tuition, tuition discounts, tuition waivers, undergraduate, Wall Street Journal, Yale