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2. American Student Assistance - Wikipedia

   en.wikipedia.org/wiki/American_Student_Assistance

   American Student Assistance was founded in 1956 under the name Massachusetts Higher Education Assistance Corporation (MHEAC).The organization began when a group of people approached Massachusetts local businesses for philanthropic donations with the idea of creating a pool of money to guarantee loans for higher education. [1]

3. Federal Direct Student Loan Program - Wikipedia

   en.wikipedia.org/wiki/Federal_Direct_Student...

   In 10 years, the loan program experienced 230% growth in the loan portfolio and 130% growth in the loan recipients. Student loan debt in 2019 is the highest it has ever been. According to the latest loan debt statistics, student loan debt has become the second highest consumer debt category behind mortgage debt. [15]

4. Student loans in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_loans_in_the...

   The US first major government loan program was the Student Loan Marketing Association (Sallie Mae), formed in 1973. [19] [clarification needed] Before 2010, federal loans included: loans originated and funded directly by the Department of Education (ED) government guaranteed loans originated and funded by private investors.

5. 7 Things Graduates Should Consider Selling To Pay Off Student ...

   www.aol.com/7-things-graduates-consider-selling...

   Like refinancing, consolidating your student loans could get you a lower interest rate and make it easier to manage them — particularly if you have good credit and multiple high-interest loans ...

6. Higher education financing issues in the United States

   en.wikipedia.org/wiki/Higher_education_financing...

   Student loans totaled more than $1.3 trillion, averaging $25,000 each for 40 million debtors. The debtors average age was 33. Forty percent of the debt was owed by people 40 or older. [37] In a 2017 report by the National Center for Education Statistics, the researchers found that 27% of all student loans resulted in default within 12 years. [33]

7. Student loans: New loan servicers may complicate payment ...

   www.aol.com/finance/student-loans-loan-servicers...

   Around 44% of federal student loan borrowers who begin repayment in October have a new loan service provider. ... Graduates pose for photographs during commencement at Yale University in New Haven ...