student loan authorities

(Newser) - The economic downturn is hitting college students hard, the New York Times reports. Job losses and the disappearing loan market are strangling formerly robust family plans to foot college tuition fees. Private lenders, used by many students to fill the gap between federal aid and the total cost of college,...

(Newser) - A huge new group of borrowers—from students to museums to local governments—are about to find their credit drying up, as the subprime meltdown that has already cost banks $100 billion continues to spread, reports the Wall Street Journal.  In the last few days, investors have backed away...