Thursday, April 17, 2008

Student Loans Are Getting Harder To Obtain

MarketPlace just did a great piece on the state of the student loan industry.  Here's the blurb: Bank of America and a unit of Citigroup have joined a growing list of lenders cutting back on student loan programs. At the same time, the House passed an emergency bill that would enable lenders to have more cash to keep making loans. John Dimsdale reports.

This morning, long before I was awake, MarketPlace did a piece on what congress is doing to stabilize and expand federally guaranteed student loans.