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Wachovia Suspends Its Undergraduate Private Student Loan Program
06 August 08 05:41 PM | Student Loan Girl | 0 Comments   

After posting an $8.9 billion second-quarter loss in July, Wachovia Corp. announced on Tuesday that, effective August 5, it would stop accepting applications for undergraduate private student loans. Read More...

Filed under: CNN, college, college loans, federal loans, federal student loans, financial aid, Inside Higher Ed, NextStudent, paying for college, private loans, private student loans, student loan availability, student loan credit market, student loan crisis, student loans, tuition, Wachovia

Pending 21st Century GI Bill: New Benefits for a New Era
26 June 08 03:39 PM | Student Loan Girl | 1 Comments   

Many educators are excited about the potential impact of the proposed GI Bill, legislation that has gotten the nod by President Bush in its current form, according to an article in Inside Higher Ed (“ Gauging the New GI Bill ,” June 20, 2008). “I think Read More...

Filed under: 20th Century GI Bill, college, college loans, Cornell University, Dartmouth College, Department of Veterans Affairs, Elizabeth Redden, financial aid, GI Bill, Inside Higher Ed, Loans, New GI BIll, NextStudent, student loan, student loans, student soldier, tuition, VA, veterans, vets

Survey Indicates Significant Number of Colleges May Switch to Direct Lending Program
08 May 08 04:36 PM | Student Loan Girl | 0 Comments   

In the last few months, the number of lenders who have exited or suspended participation in the guaranteed Family Federal Education Loan Program has ballooned to 66 organizations, according to FinAid.org , leaving many schools wondering if their students Read More...

Filed under: college, Direct Loan Program, DLP, Doug Lederman, Federal Family Education Loan Program, FFELP, financial aid, Inside Higher Ed, NextStudent, student loans, tuition