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Student Loan Crunch Affected Some Private Schools, But Crisis Largely Avoided
28 October 08 01:59 PM | Student Loan Girl | 0 Comments   

The student loan crunch that began this past spring failed to become the widespread crisis that experts predicted, according to the results of a survey by the National Association of Independent Colleges and Universities . Still, the NAICU reports, some Read More...

Filed under: NextStudent, financial aid, student loans, Student Aid, college, college financial aid, Federal Family Education Loan Program, College Enrollment, paying for college, tuition, college loans, The Chronicle of Higher Education, bankruptcy, student loan crunch, student loan crisis, college costs, private lenders, National Association of Independent Colleges and Universities, David Warren, Sarah Flanagan, NAICU, Lehman Brothers, third party lenders, NAICU survey, enrollment

College Steps in After Edamerica Falls Behind in Dispersing Student Loans
30 September 08 09:03 AM | Student Loan Girl | 0 Comments   

A Milwaukee technical college is providing emergency student loans to some of its students after one of the college’s student loan providers announced it would not immediately have funds to issue the loans, reports the Milwaukee Journal Sentinel (“ MATC Read More...

Filed under: NextStudent, student loans, Federal Family Education Loan Program, Milwaukee Journal Sentinel, credit crunch, college loans, private lenders, student loan providers, third-party lenders, federally guaranteed student loan program, Edamerica, financial problems, Milwaukee Area Technical College, University of Maryland-Baltimore County, master promissory note, University of Wisconsin-Milwaukee, MATC, University of Southern Mississippi, emergency loans, loan dispersements, loan refund checks, technical college

Survey Shows New England Families Can Still Access Federal Student Loans, Despite Loss of Lenders
11 September 08 03:29 PM | Student Loan Girl | 0 Comments   

According to a regional survey of financial aid officers from 214 New England colleges and universities, students and parents have had few problems accessing federal student loans this year, but financial aid administrators have lingering doubts about Read More...

Filed under: NextStudent, financial aid, student loans, federal student loans, FFELP, Financial Aid Officers, Federal Family Education Loan Program, college students, legislation, college loans, private lenders, FFELP lenders, subprime mortgage crisis, fallout, New England families, $21 billion cut, aid administrators, federal student loan access, third-party lenders, new student loan provider, NEBHE, New England Council, federal subsidies, NEC, FFELP loans, federal student loan programs, New England borrowers, college parents, New England Board of Higher Education

Back from Surgery, Kennedy Calls On Community Colleges to Switch to Direct Lending
17 June 08 11:11 AM | Student Loan Girl | 0 Comments   

Sen. Edward Kennedy , D-Mass., sent a letter Monday to the American Association of Community Colleges , urging its members to enroll in the government’s Direct Loan Program in order to ensure community college students have access to student loans for Read More...

Filed under: NextStudent, student loans, FFELP, American Association of Community Colleges, Community Colleges, Federal Family Education Loan Program, Education, credit crunch, college loans, Edward Kennedy, Education Department, student loan crisis, Senator Kennedy, student loan shortage, Direct Loan Program, direct lenders, private lenders, Labor and Pensions, Senate Committee on Health, Senator Edward Kennedy, AACC, David Baime, direct lending program, subsidy cuts, FFELP lenders, U.S Department of Education

Education Department to Pay Lenders Full Value for Student Loans
21 May 08 03:56 PM | Student Loan Girl | 0 Comments   

The U.S. Department of Education has released details of how much it will pay private lenders in the Federal Family Education Loan Program who sell their loans to the government instead of to capital-market investors, according to an article in The Wall Read More...

Filed under: NextStudent, student loans, FFELP, U.S. Department of Education, Federal Family Education Loan Program, college loans, Education Department, Wall Street Journal, private lenders, Office of Management and Budget, H.R. 5715, Bush, Ensuring Continued Access to Student Loans Act

Two Purdue University Campuses Make the Switch to Direct Lending
20 May 08 09:35 AM | Student Loan Girl | 0 Comments   

Beginning this fall, Purdue University’s West Lafayette and North Central campuses will become direct lending schools. According to a press release issued by Purdue , the two campuses will offer federal student loans only through the U.S. Department of Read More...

Filed under: NextStudent, student loans, federal student loans, FFELP, Federal Family Education Loan Program, Purdue University, college loans, direct lenders, Purdue, Purdue West Lafayette, direct lending schools, Pamela Horne, private lenders, Purdue North Central, student loan credit market, federal college loans