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National Association Of Independent Colleges And Universities Out…

October 22, 2008 By: richard.ginn Category: Uncategorized

with a follow-up survey on the impact of the credit crunch on student loans at independent colleges and universities. It surveyed 953 member institutions.

Some of the results:

75% of respondents saying an increase of students wanting financial aid.

67% say they have not seen a problem with enrollment due to the credit crunch.

Almost 90 percent of the 485 respondents that use private label student loans have lost lenders due to the credit crunch. 27% of those respondents have found it very hard to find someone else that will give out loan money.