Wow! What a day! I thought it might be helpful to provide some context for all the posts you see today. We had a little bit of everything; company news (Nelnet, Chase, GreenNote/TuitionU), regulatory updates (TALF and PLUS loan auction) and insightful Student Lending Analytics analysis (Student Loan Corp. servicing agreements and tuition increases).
Here is all the posts that you will find for March 3, 2009:
- Nelnet reported earnings and provided commentary on the current debate over the FFEL program
- Additional details on passengers on EduCap's private jet; think "Bridge to Nowhere"
- SLA analysis of 50 recent college announcements indicate median tuition increase of 3.8%
- PLUS Loan Auction moving forward with winners to be announced by April 24th
- Chase to participate in FFEL program for 2009-10
- Problems with Alabama's prepaid tuition program highlight importance of state guarantees
- Consumer Digest warns on online universities
- Student Loan Corp. lowers performance standards in 2009 loan servicing agreement
- TALF updates terms for loans backed by FFELP asset-backed securities while also providing key lauch dates
- GreenNote acquired by TuitionU
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