It comes down down to the: FFELP provides outstanding solution to pupils and our university and assists our students avoid defaulting on the loans, and competition — between FFEL lenders and between FFEL and direct financing — has furnished for option and, eventually, quality.
Within the ‘90s, whenever lending that is direct authorized, a lot of my buddies relocated to direct lending, for reasons We comprehended. Their choices had been predicated on solid logic and had been into the interest that is best of the organizations. We supported their choice, and continue steadily to help an institution’s right to choose this system this is certainly in the most useful interest of this pupils they provide. Processing dilemmas had been loaded in the FFEL program in those days; today, but, the processing concerns have left. Continua a leggere