ScholarPoint Connect

Despite Scoring Flaws, FFEL Least Expensive Federal Student Loan Program

Student loan observers were looking to the President’s budget to provide the first official numbers on the comparative costs of the two student loan programs, FFEL and Direct Loans (DL), since cuts to FFELP lenders and guaranty agencies passed last year. Read More...

Student Loan and Higher Ed Communities Await President’s Budget

As always, the President’s budget will be a major focus for all involved in education during the first of the year. Although the President refrained from discussing higher education policy in his State of the Union address, the full details of the budget Read More...

Beware of Blanket Statements on Student Lenders from Presidential Campaigns

Student lending companies have become a popular target for some on the presidential campaign trail this year. A couple of candidates have even gone as far as to say that they would like to get rid of the student loan companies altogether. Not surprisingly, Read More...

States Looking at Credit Cards on Campus

At different levels of government, lawmakers are responding to another, perhaps much more dangerous, element of the student debt problem: credit cards. According to American Banker , in addition to Congress’ scrutiny of the credit card industry in general, Read More...

Defaults Decreasing

Secretary Spellings announced the national student loan cohort default rate fell to 4.6 percent from last year's rate of 5.1 percent. Although default rates remain at historic lows, dropping from levels as high as 22 percent in the early nineties, they Read More...

Student Loan Legislation Hurts Small Lenders

The following article is courtesy of www.hewi.net . STUDENT LOAN BUDGET BILLS ESPECIALLY HARSH ON SMALLER LENDERS, EXPERTS, LENDERS SAY By Maria Koklanaris July 24, 2007 Lenders agree that the passage of student loan budget reconciliation bills in the Read More...