Loan to Learn

EduCap -- which markets private student loans under the brand name Loan to Learn -- announced on Wednesday that it has substantially reduced its student lending operation. George Pappas, a spokesman for the company, told The Chronicle of Higher Education that the company was scaling back…

Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.

Catherine B. Reynolds' nonprofit company EduCap -- which markets private student loans under the brand name Loan to Learn -- is coming under heavy and deserved scrutiny. The United States Senate's tax committee, as well as the Internal Revenue Service and the Government Accountability Office, are…

Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.

Yesterday, Higher Ed Watch reported that Catherine B. Reynolds' nonprofit company EduCap has marketed private loans -- under the brand name Loan to Learn -- that are as expensive, and in many cases even more expensive, than its for-profit competitors. Today, we take a closer look and find that Loan to Learn is…

Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.

By almost all accounts, Catherine B. Reynolds' nonprofit company EduCap, which lends private student loans under the brand name Loan to Learn - occupies a fairly unique space in the student loan industry. There are other nonprofit private student loan providers. But those tend to be state-affiliated…

Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.

When it comes to private student loans, there's a popular myth, perpetuated by the student loan industry, that these loans go solely to middle-income and higher-income students who have excellent credit. Private lenders don't lend to the most financially needy students because these students pose too great a credit risk.

Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.

It has been a banner week for students.

The week began with the surprising news that Democrats in the House and the Senate agreed to increase the maximum Pell Grant for low-income students by $260 to $4,310 as part of their clean up of the left over Fiscal Year 2007 budget. Higher Ed…

Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.

The United States Students Association filed a complaint with the Federal Trade Commission last week against Loan to Learn and its parent company, EduCap, Inc., claiming false advertising. The complaint tracks an…

Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.

Private college loan provider "Loan to Learn" has sent an "open letter" to the nation's student financial aid administrators that could rank as one of the more cynical attempts by the student loan industry to exploit students and taxpayers.

Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.