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Overhaul of Student Loan System in the Works
22 June 09 08:30 AM | Student Loan Girl | 0 Comments   

A bill to overhaul the student loan industry may reach Congress as early as next week; education-committee chairs are working behind the scenes on a piece of legislation that would eliminate the third-party student loan system called the Federal Family Read More...

Filed under: Congressional Budget Office, Consumer Price Index, fate of student loan industry, Federal Family Education Loan Program, Federal Pell Grant Program, federal student loan lenders, Federal Student Loan Program, federal student loans, FFEL program, FFELP, FFEP lenders, NextStudent, Obama student loan plan, Pell Grants, private student loans, Sallie Mae, student loan industry, student loan laws, Student Loan Legislation, student loan overhaul, student loan regulation, student loans, The Chronicle of Higher Education, third party student loan lenders

Note to Families: Financial Aid More Competitive, But Not Out of Reach
26 January 09 05:09 PM | Student Loan Girl | 0 Comments   

With more families applying for financial aid — applications are already up 10 percent above last year’s record — and lending for private student loans drying up, families’ ability to find available financial aid is becoming more difficult, reports the Read More...

Filed under: Associated Press, College Board, college endowments, college financial aid system, college financing, college funding sources, college grants, college loans, college savings accounts, community college costs, Duke University, Education Department, federal grants, federal student aid, federal student loans, FinAid, financial aid, financial aid offers, Harvard University, home equity loans, Institute for College Access and Success, Lauren Asher, NextStudent, private student loan lenders, private student loans, Stafford student loans, stimulus package, student loan lending criteria, student loans, third party student loan lenders, tuition increases, U.S. Department of Education, unsubsidized student loans, work study programs, Yale University