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All Dried Up: Student Loan Provider Files for Bankruptcy
18 December 08 03:11 PM | Student Loan Girl | 0 Comments   

Education Finance Partners, a San Francisco-based student loan company, has filed for Chapter 7 bankruptcy protection, saying it has less than $1 million in assets and between $10 million and $50 million in liabilities (“ Student Loan Company Files for Read More...

Filed under: Austin American-Statesman, bankrupt lenders, bankruptcy, Brazos Higher Education Service Corp., college loans, Cuomo investigation, Education Finance Partners, NBF International Holdings Inc., New York Attorney General, preferred lender lists, student loan company, student loan providers, student loans

NY Attorney General To Sue Student Loan Lender For Deceptive Marketing
08 September 08 02:18 PM | Student Loan Girl | 0 Comments   

New York Attorney General Andrew Cuomo plans to sue student loan provider Goal Financial, LLC for using deceptive marketing practices to attract new business, according to a CNNMoney.com article (“ Student Lenders Under Scrutiny ,” Sept. 5, 2008). Eight Read More...

Filed under: Alex Detrick, Andrew Cuomo, college, college loans, deceptive marketing, federal student loans, Goal Financial, government student loans, iPods, lenders lawsuits, marketing reforms, New York Attorney General, NextStudent, preferred lender lists, private student loans, student loan comparisons, student loan lender kickbacks, student loan lender reforms, student loan marketing, student loan monthly payments, student loans

Financial Aid Administrators Oppose New Preferred-Lender List Rule
23 April 08 06:01 PM | Student Loan Girl | 0 Comments   

The National Association of Student Financial Aid Administrators has asked the Department of Education to reconsider its interpretation of a new rule that requires colleges to have at least three student loan lenders that are not affiliated with each Read More...

Filed under: college, college loans, credit crisis, Department of Education, Education Department, financial aid administrators, Kelly Field, NASFAA, National Association of Student Financial Aid Administrators, NextStudent, Philip Day Jr., preferred lender lists, Preferred Lenders, private student loans, student loan crisis, student loans, The Chronicle of Higher Education

New York Probe on the Student Loan Industry
20 March 07 05:14 PM | Student Loan Girl | 4 Comments   

On Nov. 7, 2006 Andrew Cuomo was elected the 64th attorney general of the state of New York, and shortly thereafter launched a nationwide investigation into student loan practices at more than 400 universities across the nation, including some of the Read More...

Filed under: Andrew Cuomo, Financial Aid Officers, National Council of Higher Education Loan Programs, Nelnet, NextStudent, preferred lender lists, Sallie Mae, Student Loan Practices