College Loan Corp

Credit crisis slams student lenders (The Myrtle Beach Sun News)

Families with collegebound kids might need to change their financialaid tactics in response to the creditmarket turmoil. A number of lenders, including College Loan Corp. and M T Bank Corp., have stopped offering federal loans because of cuts in federal subsidies and problems in financing their studentlending programs. Others, such as SLM Corp.s Sallie Mae and First Marblehead Corp., have ... Read more

Last years ethics probes of studentloan industry spur a shift (Reading Eagle)

Schools such as Augustana College, in Rock Island, Ill., are taking another look at the federal governments direct studentloan program. For years, the small liberalarts school relied on private lenders to make federal loans to its 2,500 students. Read more

Dodd rues credit crunch impact on college loans (Journal Inquirer)

The credit crunch sparked by the crisis in the subprime mortgage business is spreading far beyond the financial institutions of Wall Street and increasingly threatens the near$100 billion market for private student loans, U.S. Sen. Christopher J. Dodd warned. Read more