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TIME: "Colleges Getting Hit by the Credit Crunch" Started in Parents Forum by aparent5 on 10-08-2008
"Not only have Bank of America, Citigroup and some two dozen other lenders cut back on or stopped issuing student loans, but the market meltdown has left many colleges scrambling to come up enough cash to cover payroll and other near-term necessities."
Graduates drowning in debt - Seattle Times articles Started in Parents Forum by BunsenBurner on 10-05-2008
"[F]or students graduating now, large loan repayments are adding a significant financial burden at a time when they also face rising health-care costs, expensive housing options and a difficult employment market — not to mention an economy on the brink."
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