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Student Loan Lending Still Going Strong
12 January 09 04:34 PM | Student Loan Girl | 0 Comments   

Despite being hampered last year by a lack of investors and a lack of access to credit, federal student loan lenders are surviving the economic crisis — making the student loan market one of the few lending industries still able to thrive this year, The Read More...

Filed under: college, College Board, college loans, Department of the Treasury, education secretary, Ensuring Continued Access to Student Loan Act, Federal Family Education Loan Program, Federal Reserve, federal student loans, FFELP, financial aid, HR 5715, Margaret Spellings, mortgage investments, mortgage securities, NextStudent, private student loan market, private student loans, Secretary of Education, Student Lending Analytics, student loan bailout, student loan industry, student loan investments, Student Loan Legislation, student loan lenders, student loan market, student loan securities, student loan statistics, student loan stats, student loans, The Wall Street Journal, Tim Ranzetta, Treasury Department

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

Massachusetts College Students Lose Funding Source for Student Loans
29 July 08 01:41 PM | Student Loan Girl | 0 Comments   

For the first time in its nearly 30-year history, The Massachusetts Educational Financing Authority won’t be offering student loans this fall to the 40,000 borrowers it serves, according to an article in The New York Times (“ Agency in Massachusetts Is Read More...

Filed under: bond insurer, college, college funding sources, college loans, college savings plan, economy, fees, Massachusetts Educational Financing Authority, Massachusetts student loan agency, MEFA, NextStudent, private student loans, room and board, student loan lenders, student loans, subprime mortgage crisis, tuition, U.Fund

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