Quoted In: Loans a problem for students (The Daily Pennsylvanian)

With the cost of tuition rising faster than income levels, loans provide a last-minute recourse for families nationwide as tuition bills roll in. Yet the credit crunch has made finding providers for federal loans more difficult and private loans costlier and scarcer, increasing stress for students and families still seeking funds for tuition. "We’re not seeing the same number of lenders exiting" federal loan programs as last spring, said Justin Draeger of the National Association of Student Financial Aid Administrators.

The full article was published on 08/07/08 in The Daily Pennsylvanian.