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Bankruptcy

: The Bankruptcy Blog

Credit Crunch Update: Sallie Mae to Charge for Student Loan Applications

By Total Bankruptcy.

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In the last week or so, we've been talking a lot about how the U.S. credit crunch has sparked fears about student loan availability. With this in mind, the country's largest student loan lender -- Sallie Mae -- announced late last week that it will be cutting certain types of student loans and charging loan application fees ranging from $35 for freshman students to a couple hundred dollars for graduate students.

Full post as published by The Bankruptcy Blog on April 14, 2008 (boomark / email).

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