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Student loan provider back in business (Lexington Herald-Leader)
Posted: May 30th, 2008, 2:08am CDT
Kentucky's only public, non-profit student loan provider is again accepting loan applications after being forced to temporarily suspend its work last month because of the national credit crunch. The Kentucky Higher Education Student Loan Corporation, also known as The Student Loan People, began accepting applications on Tuesday for loans to be disbursed after July 1. The agency has yet to ... -
Banks step up Fed loans, investment firms scale back (AP via Yahoo! News)
Posted: May 29th, 2008, 6:38pm CDT
The Federal Reserve's emergency loans to banks climbed to the highest level on record even as Wall Street investment companies scaled back their borrowing. -
Editorial: Legislators Overlooked Options In Rush To Fix Student Loan Crisis (CBS News)
Posted: May 29th, 2008, 6:18pm CDT
Credit is notoriously hard to come by, and the market for student loans is no exception. Many companies were thinking of getting out of the market. Last week, however, Secretary of Education Margaret Spellings outlined an industry-rescue plan to encourage lenders to stay in the program. The education secretary will be required to purchase any loans presented to the department by private lenders. ... -
If You Have Student Loans, Read This (TheStreet.com)
Posted: May 29th, 2008, 5:40pm CDT
Rates are changing on education loans, some for the better -- but borrowers need to act at the right time. -
Student Loan People resumes accepting applications (Business First of Louisville)
Posted: May 29th, 2008, 1:58pm CDT
The Kentucky Higher Education Student Loan Corp. has resumed accepting applications for student loans having disbursements after July 1, the company announced Thursday. -
State approves student loans line of credit (NWAnews.com)
Posted: May 29th, 2008, 7:35am CDT
The state Board of Finance signed off Wednesday on granting a line of credit of up to $80 million to the Arkansas Student Loan Authority to make sure Arkansas college students can obtain loans through the authority. (Arkansas Democrat-Gazette Northwest Edition) -
Student loans get tighter as credit crunch worsens (Worcester Telegram & Gazette)
Posted: May 29th, 2008, 3:35am CDT
How bad is the student-loan market, really? That depends on who you are. -
Student Loans (KX TV North Dakota)
Posted: May 28th, 2008, 11:20pm CDT
For those graduating from collegethe Bank of North Dakota is making a major change that will affect you. The bank IS remaining in the student loan program. But it will NO longer be participating in the federal loan consolidation program. Julie Kubis -
Student Loans Becoming Harder To Get (KEYC Mankato)
Posted: May 28th, 2008, 9:27pm CDT
.Students have always had a wide range of options when it came to student l -
Student loans delay attempt fails (BBC News)
Posted: May 28th, 2008, 7:01am CDT
An attempt to delay the introduction of student loads in Guernsey is defeated in the States. -
CIT Group Shutters Student Loan Xpress, Lays Off 124 Staff (San Diego Business Journal)
Posted: May 17th, 2008, 6:11pm CDT
Student Loan Xpress, a college student lender in Carmel Valley, said it is shutting down operations and laying off 124 employees. SLX, which got its start in the early 1990s, has been hurt by tightened credit markets and a change in the regulations covering the student loan business. -
Govt. counter-guarantee for student loans under study (The Hindu)
Posted: May 17th, 2008, 4:42pm CDT
Measure will ensure easier processing, relieve family’s burden -
Counter-guarantee for students seeking loans (Express India)
Posted: May 17th, 2008, 3:58pm CDT
The government is considering a proposal to provide counter-guarantee for students seeking bank loans for higher education, HRD minister Arjun Singh said. -
Govt surity soon for study loans (Business Standard India)
Posted: May 17th, 2008, 1:39pm CDT
The government is considering a proposal to provide counter-guarantee for students seeking bank loans for higher education, Union HRD Minister Arjun Singh said today. -
Student loan officials question ‘fuss' over audits (Missoulian)
Posted: May 17th, 2008, 1:46am CDT
HELENA - Some top officials of Montana's two financially struggling student loan agencies on Thursday openly questioned calls to conduct additional audits of the entities. -
Miller, Kennedy Ask GAO To Watch Spellings On Student Loans (CBS News)
Posted: May 16th, 2008, 5:15pm CDT
Congressional Democrats, who have been skeptical in the past at whether Education Secretary Margaret Spellings has taken sufficient action to protect student loans from the credit markets' woes, have asked the Government Accountability Office to monitor the Bush administration's management of the issue. Sen. Edward Kennedy (D-Mass) who chairs the Senate Health, Labor, Education and Pensions ... -
Ceiling Raised On Some College Loans (Investor's Business Daily via Yahoo! News)
Posted: May 16th, 2008, 5:12pm CDT
With a sweep of his pen, on May 7 President Bush signed a law that will make it easier for students and their families to borrow more money for college this fall. -
Tab for employees’ student loans: $42 million (Federal Times)
Posted: May 16th, 2008, 1:30pm CDT
The federal government paid $42 million on employees’ student loans in fiscal 2007, according to a report released May 15 by the Office of Personnel Management. -
Low-interest student loan program dries up at U of M (Pioneer Press)
Posted: May 16th, 2008, 10:56am CDT
No University of Minnesota students will get subsidized Perkins loans this year because a revolving fund managed by the campus has run dry. -
UCO bank's novel way to attract students to avail loans (Chennai Online)
Posted: May 16th, 2008, 10:41am CDT
Chennai, May 16: In a novel way to attract students to avail educational loans, public sector UCO bank today said it would consider applications for the loan, if the students simply send SMS to them. -
UCO bank's novel way to attract students to avail loans (The Economic Times)
Posted: May 16th, 2008, 10:31am CDT
In a novel way to attract students to avail educational loans, public sector UCO bank on Friday said it would consider applications for the loan, if the students simply send SMS to them. -
Student loan agency officials doubt need for more audits (Billings Gazette)
Posted: May 16th, 2008, 6:21am CDT
HELENA - Some top officials of Montana's two financially struggling student loan agencies on Thursday openly questioned calls for additional audits of the entities. -
Tennessee: Credit crunch affects availability of student loans (Chattanooga Times Free Press)
Posted: May 13th, 2008, 11:16pm CDT
Some college hopefuls may struggle to find student loans to pay the increasing cost of higher education this fall, state officials said. -
The Latest Twist in Student Loans (BusinessWeek Online via Yahoo! News)
Posted: May 13th, 2008, 7:08am CDT
Because of the credit crunch, conventional lenders are making it tough for any but the most creditworthy borrowers to qualify for private college loans. Now, a new breed of student lender is trying to get students to return the snub -- by writing off the Sallie Maes and Citibanks of the world in favor of relying on friends, family, and even perfect strangers to finance their college loans. ... -
Web helpt to merge student loans (Lexington Herald-Leader)
Posted: May 13th, 2008, 6:41am CDT
Looking to consolidate your student loans? Several college and university financial aid offices offer information about student loan consolidation. But you might find quicker answers on the Web. Here are a few Web sites that provide useful general and specific information on the subject: American Education Services: www.aessuccess.org/manage/consolidate/faq.shtml Uses question and ... -
Will Efforts to Ensure School Loans Help Students? (NPR)
Posted: May 4th, 2008, 10:35am CDT
Weekend Edition Sunday , May 4, 2008 · After months of turmoil in the nation's student loan markets, Congress and the Bush administration have stepped in to ensure that students will be able to borrow money for college this fall. -
Will Efforts to Ensure School Loans Help Students? (NPR)
Posted: May 4th, 2008, 10:04am CDT
After months of turmoil in the nation's student loan markets, Congress and the Bush administration have stepped in to ensure that students will be able to borrow money for college this fall. Dozens of private and nonprofit institutions had stopped making student loans in recent months because of the credit crisis and economic downturn. -
Students 'overpaying' their loans (BBC News)
Posted: May 3rd, 2008, 11:15am CDT
Graduates may be paying back too much money on their education loans because of a flawed system, student leaders say. -
Student loan bill goes to president (CNN Money)
Posted: May 2nd, 2008, 5:17am CDT
Congress gives final approval Thursday to legislation that protects student loans from being affected by the credit crunch. -
Student Loans, the Bush way (Massachusetts Daily Collegian)
Posted: May 1st, 2008, 9:46pm CDT
I have a very strong dislike for private student loan companies. I'm no expert, but a large amount of government control over loans comes across as quite socialist in my mind. -
SimpleTuition Adds Discover Student Loans (InfoBolsa)
Posted: May 1st, 2008, 5:33pm CDT
29/04/2008 13:00:00 Business Wire SimpleTuition, Inc., a company dedicated to helping students and parents make sense of education financing choices, today announced an agreement with Discover Financial Services (NYSE: DFS) to include its full line of student loan products - Discover Student Loans - among SimpleTuition s online offerings. -
Congress sends president bill to keep student loans available (The Springfield News-Leader)
Posted: May 1st, 2008, 4:14pm CDT
WASHINGTON - Republican Rep. Roy Blunt, Democratic Rep. Ike Skelton, and the entire Missouri House delegation voted in favor of legislation Thursday to protect the federal guaranteed college loan program from a tightening credit market By a 388-21 vote, the House sent the Ensuring Continued Access to Student Loans Act to President Bush, who has said he will sign it. Congress and the Bush ... -
More Than 1 Million Community College Students Denied Access to Federal Student Loans, Study Finds (Marketwire via Yahoo! Finance)
Posted: May 1st, 2008, 3:28pm CDT
While more than 40 percent of all undergraduate students attend a community college, 25 percent of all community colleges in the United States do not offer the federal student loans that could help those undergraduates pay for their college costs, according to a new report by the Project on Student Debt. -
Congress sends president bill to keep student loans available (Fond du Lac Reporter)
Posted: May 1st, 2008, 3:03pm CDT
WASHINGTON - All eight Wisconsin House members backed legislation designed to protect the federal guaranteed college loan program from a tightening credit market. By a 388-21 vote, the House on Thursday sent the Ensuring Continued Access to Student Loans Act to President Bush, who has said he will sign it. At least 57 lenders have left the federal loan program because woes in the mortgage ... -
font color20229CAround the nation: font colorblackCongress sends president bill to keep student loans available (Wisconsin Rapids Daily Tribune)
Posted: May 1st, 2008, 2:42pm CDT
font colorblackWASHINGTON - All eight Wisconsin House members backed legislation designed to protect the federal guaranteed college loan program from a tightening credit market. By a 388-21 vote, the House on Thursday sent the Ensuring Continued Access to Student Loans Act to President Bush, who has said he will sign it. At least 57 lenders have left the federal loan program because woes in the ... -
Being informed most important when dealing with student loans (The Equinox)
Posted: May 1st, 2008, 12:40pm CDT
Student debt can come from taking out large loans or even credit card spending during the academic year. When a student takes out a loan for college they are usually making a choice of what expenses to cover. Carole Stanmore, associate director of Student Financial Services, said a big contributor to student debt is taking out more than they need. -
Senate bolsters student loans (The Washington Times)
Posted: May 1st, 2008, 12:02am CDT
Lawmakers yesterday gave the Education Department temporary authority to buy, if needed, student loans from struggling...