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Together We Can


Click here to view Together We Can, NAICU's policy "quick-take," which was sent to all 2008 presidential candidates.

Senate Banking Committee Testimony


The testimony of NAICU Vice President Sarah Flanagan before the Senate Banking Committee, in the committee's April 15 hearing on student loan issues, is now available on the NAICU Web site.

The Credit Crunch and Student Aid at Private Colleges and Universities


Between March 3, 2008 and March 14, 2008, NAICU surveyed its 952 members to gather information on how the current credit crunch is affecting student loans, specifically FFELP and private-label loans.  Click here for a snapshot of the responses.

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Private Colleges Fight Sticker Shock


Replacing loans with grants, cutting tuition, guaranteeing no price increases, and more. Responding to consumer needs, private colleges are redoubling efforts to stay affordable and accessible. Download our compendium of innovative efforts (updated on March 18) to see examples of these initiatives. See our news release for NAICU's perspective on this accelerating national trend.

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NAICU's University & College Accountability Network

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About the items posted on the NAICU site . . .


News items, features, and opinion pieces posted on this site from sources outside NAICU do not necessarily reflect the position of the association and its members.  Rather, this content reflects the diversity of issues and opinions that are shaping American higher education.


Banner images provided by Davenport University.




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CIT Scrambles for Cash, Ally as Woes Mount

Wall Street Journal


March 24, 2008


Last summer, CIT pulled out of the mortgage business, although it still has about $9 billion of loans on its books. CIT also has discontinued some types of student loans, and executives are mulling what to do with the full unit. There's a "good likelihood that we will move out of the business" entirely, says a person familiar with the matter.

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