As you all know, the economy is not in such good shape these days. Lenders are going bankrupt left and right, as we have seen recently. Current lenders are facing great economic difficulty, and are running out of funds (whether it be educational lenders, or real estate)... Everyone is feeling the pinch...

How will this affect AUC students, and future AUC students? I am starting in the fall, and im very concerned... What if the majority of lenders go bankrupt while I am in school?

I am still going to attend AUC regardless, just curious what would happen if the loans become unavailable, or more difficult to obtain. I am sure none of you have really experienced this issue in the past, but what do you expect if this happens in the future?

the loan issue is real. atl east in the short intermediate term.

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Steph
If you get a warning, put on yer manpants and stop whining about it.

We'll have to get the gold off of the walls and sell it

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IM[x]
Surgery []
Life is like a box of chocolates, keep your nose away from my box

Yeah, I am supposed to start in fall as well, and I am worried about the loan issue. I am planning to use Sallie-mae, I just hope that they will still be lending for our upcoming terms. I'm not gonna sweat it until something negative happens, but it is a concern.

the current economic issues are the main reason I went with Sallie Mae. Out of the student lenders they have the largest origination volume and have a good history; however, even the largest lenders are in crisis;

Sallie Mae recently suspended their federal loan consolidation program but remain behind the federal student loan programs;
Sallie Mae Student Loan Consolidation


nothing we can do but ride it out and hope for a turn-around in the near future

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UCSD --> AUC May08

smells like 30s are coming back

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IM[x]
Surgery []
Life is like a box of chocolates, keep your nose away from my box

Let me guess......your not talking about protein synthesis...

Nice catch Dr Fraud

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IM[x]
Surgery []
Life is like a box of chocolates, keep your nose away from my box

Did I understand this last email right? GradPLUS and federal stafford loans are no more?

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" I'll fight it, but I won't kill it. Now, what about my dynamite? "

please tell me this is a bad joke...