NAICU - Remove middle man from college loans

Even though the 2012 NAICU Annual Meeting is history, you can continue to benefit and learn from the many presentations and speeches that were offered, and are now available on line.

New College Affordability Measures

Initiatives being launched in 2012-13 to help keep students' and families' out-of-pocket costs as low as possible. Tuition cuts and freezes, three-year degree programs, and more. Complete list.

NAICU Statement on President Obama's Higher Ed Proposals

NAICU President David Warren commends the president's commitment to student assistance, and calls for avoiding unintended consequences for students. More

Net Tuition Price Falls 4.1% at Private Colleges

Inflation-adjusted net tuition and fees at private colleges actually dropped 4.1 percent in the last five years, according to a recent College Board report. More

News Search of the Week

Here's what the media are saying about:

Higher Education Reform/Innovation

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

Banner images provided by Creighton University.

Home

News Room

Remove middle man from college loans

Miami Herald - Editorial

February 9, 2010

President Obama wants to do away with the middle man -- banks and lenders like Sallie Mae -- and have universities and colleges deal directly with students and the federal government. This is how Pell Grants are awarded. Not so for loans, which banks and Sallie Mae now profit from in most cases. Of course, this makes so much sense that it's now imperiled in the U.S. Senate. The banking lobby and Sallie Mae are crying, Job losses! Government takeover! And senators are buying this red herring?

Related Material

Read the full article...