Student Loan


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Student Loan

A loan one uses to pay for postsecondary education. A parent, guardian or the student may take out a student loan. In the United States, the federal government subsidizes or guarantees some student loans to enable more people to attend college. Interest on student loans is also tax deductible in the United States. However, because universities in the United States are often so expensive, many students spend a significant portion of their income on student debt service.
References in periodicals archive ?
In the last election, Democratic opponent Robert Rodriguez accused McKeon of being too cozy with student loan lenders.
Incorporated in 1956, ASA was the nation's first student loan guarantee agency and a model for the federal student loan guarantee program.
Today, White's postgraduate balance is down to $46,500 and she doesn't view her student loan debt in a negative light.
As a reform, it has injected competition into a student loan system once monopolized by lethargic private lenders.
As Fitch receives monthly information on student loan ABS transactions from trustees and servicers, Fitch analysts run the data through various internal algorithms which identify classes of a transaction as possible candidates for upgrade or downgrade.
Edfinancial Services is a private, nonprofit corporation whose mission is to provide student loan servicing and support to schools, lenders and secondary markets.
The Supplement allows for the sale of $785 million in student loans at par and the subsequent purchase of select outstanding auction rate bonds at a price of approximately 94% of remaining principal balance plus 100% of the accrued and unpaid interest (collectively, the Transaction).
Student Loan funding is a student loan lender with the sole mission of expanding access to higher education.
40,400,000 Student Loan Revenue Bonds, Taxable Senior Series 2007A-2, 'AAA';
com), a company dedicated to helping students and parents make sense of education financing choices, is the leading, online objective comparison resource available for student loans and student loan consolidation options.
Credit enhancement for the trust consists of the excess spread; a reserve account, sized at 25 basis points (bps) of the current student loan pool balance with a floor of approximately $10 million; and the $110 million capitalized interest account.

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