Loan programs

Senators Side With Students

Smart Title: 

With backers of budget bill framing choice starkly, lawmakers reject measure that would have softened cuts to loan providers.

Sallie Mae Directors to Profit Handsomely

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Board members, some with strong ties to higher ed, will share $370 million in profit in sale of student loan behemoth.

Embrace Student Loan Reforms, Spellings Urges

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Education secretary, portraying department as acting aggressively, says colleges and lenders should adopt principles and not wait for new rules or laws.

Advice for the Education Department

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Scores of colleges, lenders and others comment on proposals to change U.S. rules governing student loan programs and college-lender relationships.

College Board Ends Loan Activities

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New state law and pending federal rules would have barred the organization from being a lender while also reimbursing college officials who attend its meetings.

Ask and Ye Shall Receive

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Senate student loan report is short on new charges, but fleshes out evidence that colleges often solicited benefits they got from lenders.

Student Loan Default Rates Recover

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After 1-year rise, proportion of 2005 borrowers who defaulted on loans in first year of repayment falls to 4.6 percent, a near-record low.

Ending an Experiment

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Education Department decision to kill off program aimed at reducing loan defaults troubles guarantors, lawmakers and even advocates for students.

'Consumer Reports' for Student Loans

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"Preferred lender lists" have almost become synonymous with "scandal" in some people's minds, at least since New York Attorney General Andrew Cuomo began his investigation earlier this year into whether colleges and universities let undisclosed relationships with the student loan industry affect how they chose the lenders to which they steered students.

Fallout Over Student Loan Benefits Hits Illinois

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State agency's plan to save borrowers money by paying half of default fee and requiring lenders to pick up the rest is quashed by U.S. Education Department.

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