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Revised Federal Reserve Plan Could Boost Student Loan Lending
11 February 09 04:52 PM
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Student Loan Girl
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Student loan lenders and holders of student loan securities are set to be among the beneficiaries of a $1 trillion government plan unveiled by Treasury Secretary Timothy Geithner this week to jump-start the credit markets and encourage private sector
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Defaulted Student Loans Stuck in Credit-Freeze Induced Limbo
10 February 09 11:52 AM
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Student Loan Girl
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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
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Student Loan Lending Still Going Strong
12 January 09 04:34 PM
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Student Loan Girl
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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
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With Government’s Help, Lenders Returning to Federal Student Loan Market
05 June 08 02:08 PM
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Student Loan Girl
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A number of lenders who abandoned the federal student loan market in recent months may be returning, in light of a new law designed to keep struggling lenders afloat, according to a Dow Jones Newswires article. Many of the 102 companies that scaled back
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Bank of America Backs Out of Private Student Loan Business
19 April 08 02:03 PM
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Student Loan Girl
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1 Comments
On April 17, Bank of America Corp. notified student-loan packager First Marblehead Corp. that it would no longer offer private student loans, focusing instead on providing federal student loans. Bank of America’s announcement comes amid increasing unsteadiness
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