The Money’s There for College (Kiplinger)

Abstract: "Recent turmoil in the financial markets and the departure of some major lenders from the student-loan business have provoked fears that these student loans will dry up. If many more private lenders jump ship, federally designated state agencies will step in to find or act as lenders of last resort. The DOE recently asked agencies to brush up on procedures for such a step. ‘They wanted to make sure all precautions are taken,’ says Justin Draeger, of the National Association of Student Financial Aid Administrators."

The full Kiplinger article is available online.