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« First Signs Of Impact Of Dropping Early Admissions | Main | Bad Idea When Banks And IHEs Team Up For Debit Cards »

March 17, 2008

Will The Credit Crisis Hurt Students - It Depends

The credit crisis has caused many students to worry that they won't get loans for college. But the sky isn't falling, say student aid administrators. In fact, there may even be a silver lining: The flurry of public attention could prompt some borrowers to find lower-cost options they hadn't realized existed. Nearly half of undergraduate students don't use all the low-cost federal loans they and their families are eligible for before turning to private lenders, according to Consumers Union in Yonkers, N.Y. Read more at:
http://www.csmonitor.com/2008/0317/p02s02-usgn.html

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