 |
 |
Student loan cuts could hurt students and program, ASLP warns senators in a letter
America’s Student Loan Providers today sent a letter to senators urging them to oppose significant budget cuts in federal student loans. …
“The Senate’s first priority should be students and the grant and loan programs that serve them,” the letter states. “Deep budget cuts would make it nearly impossible for Congress to increase access to higher education through much-needed program improvements as part of the [HEA] reauthorization.”
More >>
|
|
|
|
Fast Facts
From FY1991 to FY2003 the cost of all entitlement spending increased by 52 percent while the cost of the private sector student loan program – which is also an entitlement program - declined by 100 percent.
More
>>
|
|
|
|
|
ASLP Releases 2008 Student Loan Fact Book
WASHINGTON – America's Student Loan Providers today released the 2008 Student Loan Fact Book, Kevin Bruns, ASLP executive director, announced.
Drawing upon independent and government sources, the Fact Book presents key data regarding federal student loans, especially the Federal Family Education Loan Program, the largest single source of financial aid.
“The Fact Book provides a unique 10,000-foot view of the nation's largest student loan program—and the broader financial aid system in which it operates,” Bruns said. “Its solid data has made it an important source for reporters and congressional staff.
“We welcome media inquiries about the Fact Book or any other issues relating to financial aid and student loans.”
For a copy ASLP 2008 Student Loan Fact Book, click here.
###
America’s Student Loan Providers represents more than 80 of the nation’s leading private, nonprofit and state-based education and financial organizations that provide federally guaranteed student loans through the Federal Family Education Loan Program. By leveraging private financial markets and competing for the right to lend to students, ASLP members offer low-cost loans and superior levels of service to millions of students and most of the 5,000 postsecondary institutions that participate in FFELP. More information is available at www.aslp.us or call 202.721.1190
|
 |
|