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Sometime by the end of the summer. If you can get to a college library or web source, keep checking the "Chronicle", "Inside Higher Ed" as these are good sources about the inside goings on at the USDOE and higher education funding.
Plus Arne Duncan the new Secretary of the USDOE recently floated a proposal that with the federal direct loans payments could be income sensitive and there would be some potential for loan forgiveness for certain types of professions.
As a result there's been a incredible marketing binge by the corporate lenders. For example at the school at which I'm a prof there is now a corporate lenders poster every ten feet some of which imply the school and the corporation are one and the same.
Also there's a book coming out called the "Student Loan Scam" might be wise to read it before jumping into the loan swamp unawares...
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