NAICU - Education Department Prepares for Switch to 100% Direct Lending

Get Ready for July Madness

There are no brackets to guide you through it, but July is the prime month for presidential transitions at private colleges. To keep up on who's going where, visit our Comings and Goings page, with up-to-the-minute news of the many appointments now being made.

On the NAICU Blog

Discouraging a College Education: “Unconscionable”

Click here to browse all posts

News Search of the Week

Here's what the media are saying about:

Student Loans

. . . or visit our full search-by-topic list to browse news and commentary on any of 80+ higher ed topics.

Beyond the 2010 NAICU Annual Meeting

The NAICU Annual Meeting may be over, but you can still benefit from many of the sessions and speakers. We've assembled speech texts and PowerPoints for many of the sessions, available on our 2010 Annual Meeting Presentations page.

Banner images provided by Whitworth University.

Home

News Room

Education Department Prepares for Switch to 100% Direct Lending

Chronicle of Higher Education News Blog

July 9, 2009

On Wednesday the department began sending letters to colleges outlining steps it is taking to ease the switch to direct lending. Congress is set to decide on the president's proposal this month. But yesterday, on the e-mail list of FinAid, an independent financial-aid Web site, several financial-aid officers said the Education Department's letters present the president's proposal as a done deal.

Related Material

Read the full article...