Michael Dannenberg in Minneapolis Star Tribune | 'Students Pinched by Credit Markets'

Communications — Thu, 21 Feb 2008 17:09:00 -0500

New America in the News:

Students Pinched by Credit Markets (Minneapolis Star Tribune)

..."There is zero danger that federal Stafford loans will not be available in the foreseeable future. Zero danger," said Michael Dannenberg, director of education policy at the New America Foundation in Washington.

Only about 10 percent of all college loans come from private lenders, he said. Many of those students could turn to federally backed loans if other sources of cash dry up, in Dannenberg's view.