student loan program News

Schumer wants student loan market to be protected - Tuesday, October 07, 2008
Sen. Charles Schumer says particular attention needs to be paid during the current financial upheaval to make sure the student loan market is protected from the credit crunch. The New...

Affiliated Computer gets $67M student loan pact - Wednesday, June 25, 2008
NEW YORK - Affiliated Computer Services Inc. said it won a seven-year deal to provide loan servicing for Student Loan Finance Corp. ACS said the deal is worth $67 million, all told. The...

Study: 50 percent borrow money for college - Friday, July 10, 2009
America's college students are borrowing more and taking on riskier forms of debt than ever before, according to an analysis released Thursday. “Drowning in Debt: The Emerging Student...

Congress passes bill to protect student loans - Sunday, September 21, 2008
Although it won’t affect UF students, some college students in Florida who worry about securing federal student loans may be able to rest easy for at least another year. A bill that...

Student lenders face lawsuit about overpayments - Wednesday, September 02, 2009
RICHMOND, Va. - A former U.S. Department of Education researcher has filed a lawsuit against 10 student loan companies to recover roughly $1 billion the companies received improperly. The...

Student Lender Rally May Be Brief - Monday, December 01, 2008
Private student lender stocks jumped following the federal government's decision last week to bolster the market, but their longer-term prospects are clouded by fretting among legislators...

Student Loan/Consolidation Network Announces Good News from Congress - Saturday, August 02, 2008
StudentLoanCenter.biz, an online source of information and assistance for the student loan market, has good news for current and future students in need of financial help. Carlsbad,...

Changes to student loans - Thursday, April 01, 2010
When President Barack Obama signed the health care reform bill last week he also signed the Education Reconciliation Act – an act that eliminates a $60 billion loan program to be replaced...

Students take on more debt - Monday, November 24, 2008
Higher college costs and steep losses in college savings plans are forcing students and their parents to borrow more to earn bachelor’s degrees. Last year’s seniors, facing increasing...

We need change in student loans - Monday, October 12, 2009
If I were a recent college graduate, I would be outraged to be paying 6.8 percent in interest on my Stafford loan when market interest rates are closer to 2.5 percent! Where’s all...