Congress voted on and passed Feb. 1 the Deficit Reduction Act of 2005 that included massive cuts to federal student loan programs. The $12.7 billion in student loan cuts and changes in laws regarding student loan consolidation will negatively impact those students seeking a college education and Publication: PR Newswire... Tagged as: congress, passed, deficit, reduction, included, massive, federal, student, programs, billion, consolidation, negatively, impact, students, seeking, college, educ... Read Full Story

I am getting ready to pay back my Sallie Mae student loans and they are expecting me to pay approximately $500 per month for my private loan. The only other alternative they gave me for a lower monthly payment was the Interest Only option, which I have heard is a horrible choice.... Tagged as: sallie, student, expecting, approximately, private, alternative, monthly, payment, interest, option, horrible, choice Read Full Story

November 3, 2009 -- iiBIG presents the 2009 Student LoansFinancing Update, scheduled for December 8, 2009 at the Hilton Times Squarein New York City.This one-day..... Tagged as: november, presents, student, loansfinancing, update, scheduled, december, hilton, squarein Read Full Story

Universities are helping to bail out students who have had loans delayed. Tens of thousands of students across the country are still waiting for their first maintenance payments as the Student Loans Company struggles to cope with demand.... Tagged as: universities, helping, students, delayed, thousands, country, waiting, maintenance, payments, student, company, struggles, demand Read Full Story

November 2, 2009 -- LINCOLN, Neb. (AP) -- The president of one of the nation's largest student loan companies said it will survive even if the government ends..... Tagged as: november, lincoln, president, nation, largest, student, companies, survive, government Read Full Story

October 29, 2009 -- Buried within the federal government's new report on student loans is a statistic causing concern for some community colleges: Loan defaults in..... Tagged as: october, buried, federal, government, report, student, statistic, causing, concern, community, colleges, defaults Read Full Story

Student loan company Nelnet Inc. says it plans to hire more than 250 people to expand its Lincoln work force.... Tagged as: student, company, nelnet, people, expand, lincoln Read Full Story

I'm planning to apply for SNAP food stamps, but it asks me if I have any unearned income, I was wondering if I should put down how much student loans I am receiving (that are not federal, but private)? It will affect food stamp eligibility if it does.Do private or federal school student... Tagged as: planning, stamps, unearned, income, wondering, student, receiving, federal, private, affect, eligibility, school Read Full Story

November 16, 2009 -- HASH(0x2a966b8dc0) NEW YORK -- Fitch Ratings has affirmed 50 senior classes from College Loan Trust I. The trust has been..... Tagged as: november, 0x2a966b8dc0, ratings, affirmed, senior, classes, college Read Full Story

November 16, 2009 -- HASH(0x2a966bf090) NEW YORK -- Fitch Ratings has affirmed 12 senior classes from College Loan Corporation Trust II. The trust..... Tagged as: november, 0x2a966bf090, ratings, affirmed, senior, classes, college, corporation Read Full Story