Browse by Tags

• affordable student loan payments
• American Council of Education
• American Student Assistance
• Anna Griswold
• auction-rate securities
• bankrupcty debt discharges
• Barack Obama
• borrowers
• Brett Lief
• Brooklyn District Attorney's Office
• BusinessWeek
• cancel student loan debt
• canceling student loan debt. Alan Colinge
• collections law firm
• college
• college graduates
• College Loan Market
• college loans
• compare student loans
• Congressioanl Budget Office
• Congressional spending bill
• Consumer Bankers Association
• credit crisis
• credit crunch
• credit freeze
• credit markets
• credit score
• credit scores
• Deanne Loonin
• defaulted student loans
• delinquent borrowers
• delinquent student loans
• Department of Education
• direct loan borrowers
• Direct Loan Program
• direct loans
• discharge student loans
• Educaiton Department
• Education Department loans
• Equifax
• extended repayment plan
• Facebook groups
• Federal Family Education Loan Program
• Federal Pell Grant Program
• federal Pell Grants
• federal student loan lenders
• Federal Student Loan Program
• federal student loans
• federal subsidies
• FFEL program
• FFELP
• FFELP lenders
• FinAid.org
• financial aid
• forbearance
• goverment bailout authority
• government bailout program
• government crackdown
• government lawsuit
• government purchase program
• government spending bill
• government subsidy cuts
• graduate debt
• graduate PLUS loans
• graduated repayment plan
• NextStudent
• Sallie Mae
• Sallie Mae student loans
• SimpleTuition
• Stafford student loans
• state student loan guarantee agencies
• student loan collections
• student loan debt
• student loan default prevention programs
• student loan default rate data
• student loan default rates
• student loan defaults
• student loan delinquencies
• student loan forgiveness
• student loan guarantor agencies
• student loan guarantors
• student loan justice
• Student Loan Legislation
• student loan lenders
• student loan market
• student loan rehabilitation
• student loan system
• student loans
• subprime mortgage crisis fallout
• SunTrust
• Terry Hartle
• The Daily Collegian
• The National Law Journal
• The Wall Street Journal
• Timothy Fitzgibbon
• U.S. Attorney's Office for the Northern District of Illinois
• U.S. Department of Education
• U.S. Department of Justice
• U.S. Freedom of Information Act
• unpaid student loans

Federal Student Loan Lenders Fight for Survival
30 March 09 04:52 PM | Student Loan Girl | 0 Comments   

In what is being viewed as a direct hit to private third-party lenders in the Federal Family Education Loan Program who are fighting to keep the program alive, the U.S. Department of Education’s preliminary data paints the FFEL program as a costly and Read More...

Filed under: American Council of Education, Barack Obama, Brett Lief, college, college loans, Congressioanl Budget Office, Consumer Bankers Association, direct loan borrowers, Direct Loan Program, direct loans, Education Department loans, Federal Family Education Loan Program, Federal Pell Grant Program, federal Pell Grants, Federal Student Loan Program, federal student loans, federal subsidies, FFEL program, FFELP, FFELP lenders, National Council of Higher Education Loan Programs, NextStudent, Obama administration, Obama legislation, Obama proposals, President Obama, Sallie Mae student loans, state student loan guarantee agencies, student loan borrowers, student loan default prevention programs, student loan default rate data, student loan default rates, Student Loan Legislation, student loans, Terry Hartle, The Wall Street Journal, U.S. Department of Education, U.S. Freedom of Information Act

Groups Say Forgiving Student Loan Debt Would Boost Economy
25 March 09 05:16 PM | Student Loan Girl | 0 Comments   

As student loan debt continues to rise — jumping to $20,098 per graduating student loan borrower in 2007 from $18,796 in 2006 — and employment prospects continue to worsen, college graduates are experiencing greater difficulty repaying their student loans, Read More...

Filed under: affordable student loan payments, bankrupcty debt discharges, Brooklyn District Attorney's Office, BusinessWeek, cancel student loan debt, canceling student loan debt. Alan Colinge, college, college graduates, college loans, discharge student loans, Educaiton Department, Facebook groups, federal student loans, FinAid.org, graduate debt, income based repayment plans, NextStudent, private student loanns, public services loan forgiveness, Robert Applebaum, student loan borrowers, student loan debt, student loan forgiveness, student loan justice, Student Loan Legislation, student loan system, student loans, U.S. Department of Education

Government Asks Student Loan Borrowers in Default to Pony Up
16 February 09 03:02 PM | Student Loan Girl | 0 Comments   

Americans who have failed to repay their federal student loans may soon find themselves facing litigation, The National Law Journal reports (“ Government Cracking Down on Unpaid Student Loans ,” Feb. 13, 2009). The U.S. Department of Justice has contracted Read More...

Filed under: collections law firm, college loans, defaulted student loans, federal student loans, government crackdown, government lawsuit, litigation against student loan borrowers, Randall Samborn, student loan borrowers, student loan collections, student loan defaults, student loans, Teller Levit & Silvertrust P.C., The National Law Journal, U.S. Attorney's Office for the Northern District of Illinois, U.S. Department of Justice, unpaid student loans

Defaulted Student Loans Stuck in Credit-Freeze Induced Limbo
10 February 09 11:52 AM | Student Loan Girl | 0 Comments   

Thousands of student loan borrowers who have defaulted on their student loans — including 15,000 additional borrowers each month — are being forced to remain in default despite their efforts to bring their loans back into good standing, The Chronicle Read More...

Filed under: American Student Assistance, college loans, Congressional spending bill, credit crisis, credit freeze, Deanne Loonin, Department of Education, goverment bailout authority, government bailout program, government purchase program, government spending bill, Judy Ellis, Massachusetts student loan guarantor, Michael Ryan, National Consumer Law Center, National Council of Higher Educatiton Loan Programs, NextStudent, rehabilitated student loans, student loan borrowers, student loan defaults, student loan guarantor agencies, student loan guarantors, student loan market, student loan rehabilitation, student loans, SunTrust, Timothy Fitzgibbon

Weakening Economy Contributes to Sallie Mae’s $159 Million Quarterly Loss
27 October 08 05:17 PM | Student Loan Girl | 0 Comments   

Student loan provider Sallie Mae reported a $159 million loss this quarter as the ongoing credit crisis continues to pose financial challenges for borrowers (“ Sallie Mae Reports $159-Million Loss and More Delinquencies by Borrowers ,” The Chronicle of Read More...

Filed under: college loans, delinquent borrowers, forbearance, John Remondi, NextStudent, private student loans, Sallie Mae, student loan borrowers, student loan delinquencies, student loans, The Chronicle of Higher Education

Borrower Sues Student-Loan Lender for Allegedly Reneging on Its Contract
18 July 08 06:03 PM | Student Loan Girl | 0 Comments   

A student-loan borrower has filed a class-action lawsuit against student-loan lender Northstar Higher Education for allegedly breaking its contract with borrowers. In the suit, filed Monday with the U.S. District Court in Los Angeles, Northstar is accused Read More...

Filed under: auction-rate securities, college loans, credit crunch, interest-rate reduction, Jennifer So, Mark Lindgren, Minneapolis Star Tribune, NextStudent, Northstar, Northstar Education Finance Inc., Northstar Higher Education, student loan borrowers, student loan lenders, student loans, T.H.E. Repayment Bonus

Student Loan-Comparison Websites Losing Lenders, Gaining Borrowers
14 July 08 10:42 AM | Student Loan Girl | 0 Comments   

While demand for websites that allow borrowers to compare student loans is growing, the number of lenders listed on these sites is dwindling, according to an article in The Chronicle of Higher Education (“ Web Sites That Compare Loans Gain Users, Lose Read More...

Filed under: College Loan Market, college loans, compare student loans, financial aid, government subsidy cuts, LendingTree, loan-comparison sites, NextStudent, parent borrowers, SimpleTuition, student loan borrowers, student loans, subprime mortgage crisis fallout

Penn State’s Switch to Direct Loan Program Underway, So Far So Good
11 July 08 04:43 PM | Student Loan Girl | 0 Comments   

Pennsylvania State University said its transition over to the federal Direct Loan Program is going “smoothly.” Already about 3,000 borrowers have taken out $5 million in student loans under the new program this summer, according to an article in The Daily Read More...

Filed under: Anna Griswold, college loans, credit markets, Direct Loan Program, Federal Family Education Loan Program, federal student loan lenders, federal student loans, FFELP lenders, financial aid, graduate PLUS loans, NextStudent Scholarship Search Engine, parent PLUS loans, Pennsylvania State University, Stafford student loans, student loan borrowers, student loans, The Daily Collegian

Sallie Mae Mistakenly Reports Up to 1 Million Borrowers Delinquent
14 May 08 05:42 PM | Student Loan Girl | 0 Comments   

As many as 1 million Sallie Mae customers may be experiencing problems with their credit scores after the student loan company erroneously reported some of its borrowers’ student loan accounts as delinquent. Sallie Mae’s customers on graduated or extended Read More...

Filed under: borrowers, college loans, credit score, credit scores, delinquent student loans, Equifax, extended repayment plan, graduated repayment plan, NextStudent, Sallie Mae, student loan borrowers, student loans