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Program to Offer NY Students Low-Cost College Loans
17 December 08 04:36 PM | Student Loan Girl | 0 Comments   

Despite New York’s $15 billion budget deficit, Gov. David Paterson announced he is creating a student loan program that would allow New York college students to borrow $350 million in low-cost private student loans directly from the state, reports The Read More...

Filed under: City University of New York, college loans, Commission on Higher Education, CUNY, David Paterson, four-year institutions, graduate students, graduates, higher education, Jeffrey Gordon, low-cost student loans, New York students, New York Times, NextStudent, private lenders, private student loans, State University of New York, student loan initiative, student loan lenders, student loan program, student loans, SUNY, Two-Year Colleges, undergraduate students, undergraduates

Banks Become More Selective, Leaving Some Colleges Without Student Loans
02 June 08 05:49 PM | Student Loan Girl | 0 Comments   

Students at community colleges, for-profit universities, and other less competitive institutions may soon have trouble finding a lender willing to offer them federal student loans. Citibank, JP Morgan Chase, PNC, and SunTrust are no longer offering student loans to certain colleges — schools that the banks have determined tend toward higher default rates, fewer borrowers, and small loan amounts that make business less profitable. Read More...

Filed under: Citibank, College Board, college loans, community college, federal student loans, financial aid, Jonathan D. Glater, JPMorgan Chase, Nelnet, New York Times, NextStudent, Perkins loans, PLUS Loans, PNC, private student loans, Sallie Mae, SLC, Stafford Loans, student debt, Student Loan Corporation, student loan lenders, student loans, SunTrust, tuition, Wells Fargo, William Jessup University