Student Loan Articles
NextStudent Inc. to Explore Liquidity Options for Outstanding Auction Rate Notes
NextStudent Inc. announced today that it intends to explore alternatives for creating liquidity for the outstanding auction rate notes issued by NextStudent Master Trust I.
Last-Minute Withdrawal by Lenders Leaves Students Scrambling for Student Loans
On July 28, just a few weeks before the fall semester gets underway, some 40,000 college students in Massachusetts suddenly found themselves facing outstanding tuition bills with no money to pay th...
Faltering Economy Eroding Consumer Confidence in Student Loans
Some banking industry experts have long regarded the federal student loan program, established in 1965, as one of the most successful public-private partnerships ever created. A historically steady...
Post-9/11 GI Bill to Double Veterans Education Benefits Starting August 1
Some 1.6 million veterans of the Iraq and Afghanistan wars will see their GI Bill benefits more than double from approximately $40,000 to $90,000 as the new Post-9/11 GI Bill goes into effect today.
Student Loans Could Be Forgiven After 10 Years of Public Service
The government hopes a new loan forgiveness program will give students an incentive to consider a career in public service. In exchange for 10 years on the job in a field of public service such as ...