Footing the Tuition Bill: The New Student Loan Sector
Frederick M. Hess
AEI Press, 2007 - Education - 309 pages
A college degree is the key to opportunity and economic success in America today, a fact that has brought new attention to questions of college access and affordability. Rising college costs and low levels of household savings mean that existing federal loan and grant programs cannot meet the needs of many students. The search for additional funds has spurred explosive growth in private, "nontraditional" student loans. The private student loan market, which was only an afterthought fifteen years ago, today accounts for 18 percent of all loans for postsecondary education. Although much attention is paid to federal loan and grant programs, this emergent sector has largely escaped careful scholarly analysis.
42 pages matching Sallie Mae in this book
Results 1-3 of 42
What people are saying - Write a review
We haven't found any reviews in the usual places.
Higher Educations Student Financial Aid Enterprise
The Politics of Federal Student
12 other sections not shown
accessed February 23 accessed January aid programs American attending banks Baum and Kathleen billion Budget College Board colleges and universities Congress consolidation Department of Education direct lending dollars Education Loan eligibility enrollment FDLP federal government federal student loan fees FFELP financial aid administrators financial aid officers for-profit funding graduate growth guaranteed guarantors guaranty agencies Higher Education income quartile increased independent students interest rates investors January 16 Kathleen Payea loan limits loan volume Marblehead MyRichUncle National Center National Postsecondary Student Nelnet parents Pell Grant percent PIRG policymakers postsecondary education Postsecondary Student Aid private lenders private loans private student loans reauthorization repayment Sallie Mae Sandy Baum schools securitization SLM Corporation Stafford loans Student Aid Survey student borrowers student financial aid student loan industry Student Loan Program students and families subsidies tion Title IV loan Trends in Student tuition U.S. Census Bureau U.S. Department Unsubsidized