The Credit Crunch & Student Loans Despite some troubling reports in the media, students will be able to borrow federal student loans and receive financial aid this fall. The federal government and student loan companies have assured colleges that they will not allow recent developments in the credit markets to prevent students from getting loans. Here is a list of myths and facts about the availability of student aid for fall 2008 provided by the National Association of Student Financial Aid Administrators (NASFAA).
New Web Resources For Borrowers On Student Loan Repayment And Forgiveness The Project on Student Debt is providing information to borrowers on two new programs that Congress enacted last year: Income Based Repayment (IBR) and Public Service Loan Forgiveness.
Who Leads? As a group of state leaders at last week’s Education Department summit on higher education began a discussion aimed at identifying the biggest problems facing higher education and potential achievable solutions to them, the session’s moderator asked for a volunteer willing to report back to the larger summit about the fruits of the group’s brainstorming. More...
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