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Credit Crunch Means Bad News for Student Loans »

Posted by: chapelhillNC 3 months, 1 week ago

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Many lenders have quit offering government-insured loans through the Federal Family Education Loan Program, or FFELP. This program includes Stafford loans (for students) and PLUS loans (for parents). Due to the turbulent credit market, the lenders are no longer making profits on these programs.

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