Private Student Loans
Here's some good advice for debt-strapped college grads
Rutland Herald, VT -10 hours ago
Q: I'm a soon-to-be grad student with no debt — student loans or otherwise — and about $25000 in the bank. I want to strike a wise balance between student ...
Rutland Herald, VT -
Q: I'm a soon-to-be grad student with no debt — student loans or otherwise — and about $25000 in the bank. I want to strike a wise balance between student ...
Peer-to-peer lending picks up Daily Camera, CO - New Web sites that help foster loans between college students and individual investors are gaining notice. The timing parallels with a student loan crisis, ... |
Online Student Loans: Skip Financial Worries Without Any Stress Best Syndication, CA - Private student loans can be sourced from lenders such as banks, financial institutions etc. student has to repay the amount after completing the course. ... |
Get help with student loans Orlando Sentinel, FL - Student loans remain one of the best methods to help families cover the cost of a higher education. The World Wide Web offers a range of information about ... |
The Money Squeeze: Colleges look at curbing student commute Seattle Post Intelligencer - ... faltering economy where everything from lettuce to car batteries costs more, and recent decisions by some private lenders to discontinue student loans. ... |
What a National Government May Entail Scoop.co.nz, New Zealand - Summary : National will boost its subsidies to private schools and to wealthy students with student loans, and place a virtual freeze in real terms, ... |
First Marblehead Announces Customized Solutions for Private ... CNNMoney.com - The First Marblehead Corporation (NYSE: FMD) today announced a new product suite which would enable lenders to deliver private student loans to students in ...  FMD |
State-Based Loan Agencies May Not Offer Student Loans, Despite ... NextStudent, Arizona - Just this year, some 112 student loan lenders have cut back or ended their participation in the federal and private student loan markets, including nine ... |
CIT Group: From 'Near Death' to 'Critical' Seeking Alpha, NY - ... loans, equipment contracts, FFELP student loans, aircraft or rail leases, private student loans or other assets other than home mortgage loans. ... CIT |
Keep Living Like A Student Hartford Courant, United States - Other debts, such as credit card balances and private student loans, tend to have higher interest rates. You'll want to pay these off quickly. ... |
Escaping the College Loan Credit Crunch Beaver County Times, PA - And Bank of America, the third largest lender in the country, recently announced it will not make any private student loans this year. ... |
Are there Bad Credit Student Loans? Is Approval Feasible? Best Syndication, CA - Private funding has similar issues: all private student loans are based on credit verifications and thus, there are limitations for those with bad credit. ... Beat the college loan crunch Government Preempts Disruption of US Student Loans (Update1) Best Places to Seek Student Loans STU |
UA loans not feeling the credit crunch The University of Alabama Crimson White, AL - I have not heard of any student complaining about the lack of availability of funding for those who do participate in the private loan funding. ... |
Banks view the two-year loans as less profitable with higher ... Houston Chronicle, United States - Dora Sims, director of financial aid at Alvin Community College, said some banks also have dropped out of the private student loan market. ... |
Sallie Mae Smartens Up Barron's - SLM, better known as Sallie Mae, originates and holds student loans through its participation in the federal family education loan program (FFELP) and ... Weeks After Threat to Quit, Sallie Mae Pledges Allegiance to ... |
Law schools numbers grow, but the job opportunities don't Baltimore Sun, United States - He owes about $250 a month in interest on student loans. If he gets a job, he will lose his hardship deferral and will owe about $1000 a month. ... |
Student loans tougher to come by East Valley Tribune, AZ - Federal financial aid hasn’t kept pace with rising college costs, so more students and their families are having to seek strictly private loans to make up ... |
Sen. Kennedy Urges Colleges to Sign Up for Direct Loans Chronicle of Higher Education (subscription) - ... will be among the hardest hit as worsening economic conditions prompt more private lenders to cut back their student-loan operations. ... |
The bank of family and friends: new student-loan wrinkle The Associated Press - Meanwhile, the credit squeeze is affecting some students as they try to find private loans, which more and more students need once they hit the ceiling on ... At microloan sites, the new college try GreenNote Launches Social Network-Based Student Loan Program GreenNote Offers More Peer-to-Peer Loans To Tackle the College ... STU |
Do homework for a college loan Detroit Free Press, United States - Bank of America, the third-largest student lender in the country, is no longer offering private student loans. It said it would continue to offer student ... |
SLM's Headmaster On Lessons Learned Wall Street Journal - Our investors' fate really is in the hands of our other products, principally private-student loans. The margins are much larger. ... Sallie Mae sees funding costs falling Sallie Mae Chief Acknowledges Mistake in Trying to Lend to All ... UPDATE 1-Sallie Mae sees funding costs falling, shares rise SLM |
The student loan CRUNCH Hartford Courant, United States - Federal student loans offer fixed and lower interest rates, plus more lenient repayment terms than private or alternative loans, though they also require an ... Student loans get tighter as credit crunch worsens |
TuitionBids.com Introduces Private and Federal Student Loan Bidding PR-USA.net (press release), Bulgaria - Their innovative approach enables those who are in need of either a private or federal student loan (http://www.tuitionbids.com) to submit applications to ... SimpleTuition Advises Families to Start Researching Student Loan ... STU |
Tough Assignment: Find College Loans Wall Street Journal - By ROBERT TOMSHO College students and their parents are scrambling to line up student loans for the fall amid fears that the broader credit crisis might put ... Loan mess hits home for local students Who’ll Help Students Pay for College?  Comment by Susan Mead Financial Aid Director, Dutchess Community CollegeSTU |
Career Colleges Named Best Alternative to Four-Year Institutions ... Market Wire (press release) - While trade-school students are eligible for same federal financial aid -- including Pell Grants and subsidized and unsubsidized federal student loans -- as ... |
Undergraduates Left With Limited Student Loan Options as Large ... Market Wire (press release) - ... lower-income students at affected two-year institutions may be forced to turn to high-interest credit cards, rely on more costly private student loans, ... Repay your college debt without breaking a sweat Loans for junior colleges becoming extinct STU - JPM |
Mailbag: Private Loan Borrowers in Distress New America Foundation, DC - At Higher Ed Watch, we hear regularly from financially-distressed borrowers with private student loans who believe they have been victimized by lenders' ... |
Economic worries mean fewer loan options for some students Winona Daily News, MN - A number of national lenders have dropped out completely of the Federal Family Education Loan Program, the most common type of student loans that include ... |
New College’s Tragic Demise Beyond Chron, CA - Since New College’s entire financial structure was based on federal student loans, it was essential that the school remain accredited for students to ... |
Lenders Trim Student Loans To Community College Students SayCampusLife, VA - To reduce their exposure to bad loans, many creditors have tightened up lending restrictions particularly when it comes to providing private student loans. ... |
College-Loan Market Is Getting Its Own Bailout Bloomberg - Thanks to a law signed early last month, the US Education Department agreed to buy federally guaranteed student loans for the 2008-2009 academic year and ... |
5 indicted on charges of student-loan fraud Seattle Times, United States - ... Inspector General and alleges that the loans were obtained from a variety of private student-loan organizations, such as Sallie Mae and My Rich Uncle. ... Five women indicted in student-loan fraud |
Banks and Student Loans New York Times, United States - The community colleges that have been jilted by the private lenders need to join the direct-loan system, which allows students to borrow directly from the ... Banks culling certain colleges from loans |
A novel of hope and cynicism. New Yorker, United States - “As society changes, new words and terms keep popping up, such as: sauna, private car ownership, property developer, mortgage and personal instalment loan,” ... |
Mother-daughter ring accused of massive student loan fraud scam Seattle Post Intelligencer - "In most cases, the school has to do some sort of verification as well" when students apply to private lenders, Robison said. The loan amount also is ... |
Tight economy has officials shifting admissions strategy Baltimore Sun, United States - Another reason for the intensified bargaining: tougher standards to qualify for student loans. "It leaves students and their parents questioning the value ... |
Panel: Bad economy means less access to college Forbes, NY - "Then there's the impact ... on the financing of private lenders for student loans. The financial market disturbances have really shut down the student loan ... |
Growing number of young people can't afford health-care coverage Times Daily (subscription), AL - "People in this age group often have a number of competing financial interests, such as rent, student loans and credit card debt," he said. ... |
New Regulations, Troubled Credit Market Squeeze Connecticut ... Hartford Courant, United States - By ARIELLE LEVIN BECKER | Courant Staff Writer The quasi-public Connecticut Student Loan Foundation, hit by both the troubled credit market and new federal ... Bankrupt Helicopter School Shoots Down Student Aspirations STU |
Community Colleges Want to Control How Much Certain Students Can ... NextStudent, Arizona - Concerned that some students at two-year schools may borrow more in federal student loans than they can afford to repay, community college officials want ... |
Web Site Links Student Borrowers, Lenders Press-Enterprise, CA - He said all such "private loans" should be submitted and certified by college financial aid officers to ensure that the student isn't receiving more aid ... |
Community bulletin board Atlanta Journal Constitution, USA - Mines is in private practice in Snellville and is on the medical staff at Emory Eastside. He is certified by the American Board of Orthopedic Surgery. ... |
Obama talks about high college costs in Michigan. Text. Chicago Sun-Times, United States - We didn’t finish paying off our student loans until just a few years ago. Like a lot of families, we were still dealing with the cost of our own education ... Obama pledges $4000 yearly tuition tax credit in Michigan campaign ... Students share concerns about education costs with Obama Obama comforts student in Taylor, promises college aid |
Saving on student loans Daily Mississippian, MS - Only after exhausting all of these other options should you consider taking out a private student loan. If you decide to do so, you should try to get the ... |
Racket Game Lobs Outlook (subscription), India - "I am still paying Rs 8000 per month as a loan installment thanks to a job I got out of my own efforts," says a student. "We invested two years to earn a ... Have The Meal, Keep The Course |
Student loan options tighten Pioneer Press, MN - Minnesota students have been taking out more private loans in recent years. About 12 percent of Minnesota students took out private loans in 2004, ... Small colleges still have lending sources Financial speculation’s latest victims: US community college students |
Lenders cutting ties with Georgia schools Florida Times-Union, FL - The Student Loan Corp., owned primarily by Citibank, also blames federal cuts in reimbursements to banks making the loans as a reason that lending to some ... |
Stephens, Columbia College cut from Citibank and PNC Bank student ... Columbia Missourian, MO - So why are banks cutting community colleges, along with some private universities, from their student loan programs? Over the past few years, Congress has ... PNC |
Money moves for grads San Jose Mercury News, USA - Other debts, such as credit card balances and private student loans, tend to have higher interest rates. You'll want to pay these off quickly. ... |
Subprime Crisis: Did Bernanke Go Too Far, or Did He Not Go Far Enough? Knowledge@Wharton (subscription), PA - Former Fed chairman Paul Volker has warned, for example, that by taking as loan collateral securities backed by mortgages, student loans and other risky ... |
Anxiety About Paying for College Mounts Among Parents Earthtimes (press release), UK - Private student loans should only be considered as a way to fill any gap. (Know that private student loans are almost always cheaper than credit cards. ... |
Forget John Kerry, the Real Flip-Flopper is Barack Obama North Star Writers Group, MI - The Obamas say that this is because they were a young couple still managing student loans. Indeed, this is perfectly reasonable. As his book revenues kicked ... |
Student loan collection system “ruthless”: Benedict Macleans.ca, Canada - Although most students have probably heard of the National Student Loan Service Centre, the private company commissioned to provide customer service to ... |
Educators Outline Steps to Ensure Student Access During Economic ... Diverse, VA - She went on to note that many students need some type of loan and that many do not meet the requirements for private loans. Fisk recently ran a survey ... |
Solutions to the Student Loan Shortfall Kiplinger.com, DC - The news isn't as reassuring for private loans. Unlike Staffords, which are available to all students who apply for financial aid, private student loans ... STU |
College loans WatertownDailyTimes.com, United States - Some of the nation's largest lending institutions will no longer make student loans available to community college students who could find it more costly ... |
Students' Solutions Aim to Solve State's 'Brain Drain' RedOrbit, TX - The student researchers also recommended some type of "work, play and stay" advertising campaign targeting students and informing them about New Hampshire's ... |
Websites Facilitate Student Loans From Lenders WCBS-TV New York, NY - "That's where alternative and private loans come in," said Coxworth. The latest brainchild of this desperate student loan market: "Peer to Peer Lending. ... |
P1-billion student loan to benefit 70000 GMA news.tv, Philippines - In addition, if the P200-million funding for private schools will be divided by P120,000 or the amount that each private student would need to finish a ... |
Education financing chat with Bill Simpson Boston Globe, United States - Angela106__Guest_: Hi, I am on the other end of the student loan spectrum, I have recently graduated, with over $150K in private student loan debt ... |
Generation Debt Socialist Worker Online, IL - The variable interest rate on an average private student loan is 11.5 percent, whereas federal loans have a fixed rate below 7 percent. ... |
Financial facts to empower 'generation debt' MSNBC - Here are a few things you need to know about student loans to keep your GPA from ruining your FICO score. Student loans historically carry low interest ... |
AMA Adopts Strategies to Help Address Medical Student Debt FOXBusiness - The AMA will support a requirement that medical schools inform students of all government loan opportunities along with private loans, and will require ... |
Efforts to increase financial aid can cloud the big picture Christian Science Monitor, MA - In addition, I have been told that by cashing in my mutual-fund accounts, I will have fewer assets that will be used in the federal student loan application ... |
Your Money 8 Reasons You Should Not Expect an Inheritance New York Times, United States - ... chipping in when children or grandchildren graduate with five and six figures in student loan debt, supplying down payments in a tightening mortgage ... |
P1-B scholarship loans available for poor students Manila Bulletin, Philippines - "I just want to repeat -- for those in the North Luzon Agri-business Quadrangle and Agri-business Mindanao, indeed, the focus should be on student loans and ... Arroyo gives cash subsidy to poor college students |
Hannon Announces Student Loan Program Garden City News, USA - Senator Kemp Hannon (R-Garden City) announced the State Senate passed legislation (S.7624), to create the "I Live New York" student loan program which would ... STU |
Wanted: Medicaid dentists GoErie.com, PA - "Dental students can locate there after graduation and have a portion of their student loans repaid." Erie County doesn't have an overall shortage of ... |
Why shouldn't student lenders be able to decide who to lend to? WalletPop, VA - In the long run, strong arming private companies into making loans they don't want to make won't do a lot to help anyone, and is likely to hurt the people ... |
Back from Surgery, Kennedy Calls On Community Colleges to Switch ... NextStudent, Arizona - Almost 100 lenders in the rival Federal Family Education Loan Program, in which student loans are provided by private lenders, have reduced or stopped ... |
New study shows student loan repayment policies not working: Benedict Macleans.ca, Canada - The ground-breaking new report — commissioned by the Canada Student Loans Program and obtained in draft form by the Coalition for Student Loan Fairness ... |
Students prefer federal loans to private lenders, UT data shows UT The Daily Texan, TX - During the 2007-2008 school year, UT Student Financial Services processed 15000 to 16000 federal aid loans totaling $200 million. The number of private ... |
Student Face Loan Crunch WCSH-TV, ME - Bordowitz also stresses that federally guaranteed loans are preferable to those from private lenders because the interest rates are usually substantially ... |
Barack Obama Inc.: The birth of a Washington machine Harper's Magazine, NY - This was when he had introduced Mark Pike, a law student who then came bounding across the stage in a green one-piece mechanic’s outfit. ...  Video: Clinton, Obama to Hold Another Private Meeting |
Bringing on the Innovators Scoop.co.nz (press release), New Zealand - For example, the interest-free student loans policy has diverted large resources that could be going into teaching and research, yet vice-chancellors seem ... |
Toward Federal Funding of Guaranteed Student Loans Inside Higher Ed, DC - ... Federal Family Education Loan Program, the program in which the US government guarantees and otherwise subsidizes student loans made by private lenders. ... |
Student loan program is back in business Bowling Green Daily News, United States - A majority of the state’s college students receive loans through the Student Loan People rather than private lenders. The loans being available again will ... |
Gohil felicitates toppers of state board Expressindia.com, India - Rinkal, a student of GK Dholkiya Higher Secondary School, who scored 94 per cent, has set her eyes on a CA degree and later cracking the IAS exams. ... |
Shoring up student loans good move for government Mid Columbia Tri City Herald, WA - Private loans can be had, but are not as consumer focused or student friendly. The federal government will buy some existing loans from lenders, ... |
MBIA Needs $2.9 Billion After Downgrade Wall Street Journal - Moody's said the deteriorating economy could be felt in other assets the bond insurers have guaranteed, including private student loans and commercial real ... Fitch Revises KeyCorp 2001-A Group II to 'AAA' MBI |
Money 911: Smart and simple debt solutions MSNBC - Are student loans the best way to supplement our monthly income while I finish college? And would it be a good idea to sell our home to pay off our debt? ... |
First Marblehead Launches Enhancements to SmartBorrowing.org Site CNNMoney.com - The Company helps meet the growing demand for private education loans by providing national and regional financial institutions and educational institutions ... FMD |
For graduating university and college students, there's no place ... Brantford Expositor, Canada - The 23-year-old from North Reading, Mass., was saddled with student loans from her years at Saint Anselm College in New Hampshire and felt she had no solid ... |
Wealth Check: 'I want to clear my debts and start saving' Independent, UK - "I've been working for two years, but I'm still trying to get over my student loan and overdraft," she says "I just about survive on my salary but have ... |
Sallie Mae vows a loan for every eligible student Denver Post, CO - The company last year said it was reducing the number of private loans it made to students at schools with high graduation and default rates. ... |
Ex-NMI scholars owe govt over $4M Saipan Tribune, Micronesia - ... the CNMI Scholarship Office has revealed in view of a bill allowing certain financial aid recipients to forbear payments on their student loans. ... |
ITT Educational Services up after firms raise price targets Trading Markets (press release), CA - ... and we continue to believe that the market for issuing and securitizing riskier student loans will likely have improved in a year's time," it said. ... ESI |
Our View: Government has little oversight over for-profit schools Merced Sun-Star, CA - The state needs a way to handle numerous issues: student complaints, schools that go broke, teachers who don't have credentials and more. ... |
Important News for College Graduates New America Foundation, DC - For six months beginning July 1st, members of the Class of 2008 who have taken out variable interest rate federal student loans will have the opportunity to ... |
NextStudent Clinches No. 4 Spot on Top 100 Consolidating Lenders List Web 2.0 Journal, NJ - "We have come so far in the last five years, serving thousands of students through student loan consolidation. We are dedicated to continuing our commitment ... |
New Report Details Federal Grant, Student Loan Trends NextStudent, Arizona - At private nonprofit four-year colleges and universities, 60 percent of undergraduates took out college loans and 75 percent had institutional grants. ... |
Coal may hold solution to gas prices Pittsburgh Post Gazette, PA - Carnegie Mellon University post-doctorate researcher Paulina Jaramillo and doctoral student Constantine Samaras concluded in a paper last year that ... |
Column: How The Financial Crisis Impacts Students CBS News, NY - Based on the news, it seemed best to focus on the housing crisis, the recession and, for students, the student loan crisis. The housing crisis has affected ... |
Online College Plans IPO Wall Street Journal - But turmoil in the student-loan market could add a hint of uncertainty to Grand Canyon Education Inc.'s plans for an initial public offering of stock this ... |
Saving the student loan market Risk.net (subscription), UK - Students attending elite, expensive, public and private four-year universities can expect loans to remain plentiful. The banks generally say these loans are ... |
US Secretary of Education Margaret Spellings on Federal Student Loans eGov monitor, UK - ... provide liquidity for student loans while supporting the current Federal Family Education Loan (FFEL) Program as a successful public/private partnership ... |
State approves student loans line of credit Arkansas Democrat Gazette, AR - 7 billion a year in education loans after private lenders fled the market, spurring schools to turn to the US Education Department’s Direct Loan Program. ... |
BND Student Loan Changes KFYR-TV, ND - This chang won`t affect North Dakota students attending a North Dakota school, either public or private. BND will continue to pay the fees on those loans. ... |
More Silver Lining from the Credit Crunch New America Foundation, DC - In January, Sallie Mae announced that it was terminating a long-term deal it had with Career Ed to provide high-cost private student loans with interest ... Some Banks Are Dropping Loans to Students at Community Colleges ... |
Banks clamp down on college loans
Marketplace, CA -Jun 2, 2008
Students can get a private loan not backed by the government from lenders like this one, spoofed in a YouTube video: [Clip from Fake Student Loan Ad]: And ...
Marketplace, CA -
Students can get a private loan not backed by the government from lenders like this one, spoofed in a YouTube video: [Clip from Fake Student Loan Ad]: And ...
