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U.S. Signals Student-Loan Shift

Wall Street Journal

April 5, 2008

The U.S. Department of Education has decided to detail its plans for providing emergency student loans, in a sign that its planning for possible disruption of the market that supports college financial aid may be taking on greater urgency. In an interview Friday, Education Secretary Margaret Spellings said details on when the emergency loan system might be triggered and how it would work will be released "in the next week or two."

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