GLG Topic: Student Lending Industry
Student Loans provide financing to students or their parents for the purpose of higher education, and may be government subsidized if the student’s financial need dictates. The U.S. Department of Education guarantees both subsidized and unsubsidized student loans directly or through guarantee agencies. Private loans made to students by banks or finance companies are not guaranteed by a government agency .
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Leading Experts: Student Lending Industry
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Independent Consultant
Sue Roberts
Sue Roberts is currently an independent consultant focusing on the student lending industry. She has over 19 years of senior management experience in student lending, and until May, 2007, she was the Chief Executive Officer of Student Capital Corporation, a subsidiary of College Loan Corporation. From...
Consultant
Kathleen Cannon
Kathy Cannon is a California-based Independent Student Lending Consultant, currently working to develop competitive strategies to meet the rapidly changing student loan market. Previously, Ms. Cannon was the Senior Vice President and Head of Student Banking Services at Bank of America, where she was...
FormerPresident
Chase Education Finance
Robert D. Moore was until March 2006, the President of Chase Education Finance. Chase Education Finance is the largest US student lender, serving over 2500 schools. Prior to serving as President of Chase Education Finance, Mr. Moore was the President of Bank One's Education Finance Group from 1996...
Managing Associate
AURIEMMA CONSULTING GROUP INC
Steven Jacowitz is a Director at Auriemma Consulting Group (ACG), a consultancy specializing in the credit, debit, and private label card markets. Mr. Jacowitz has substantial expertise in the consumer credit business, including operations, collections, finance, strategy, and marketing. Prior to joining...
FormerPresident
COLLEGIATE FUNDING SERVICES LLC
Mr. Morrow was until 2006 the Chief Executive Officer of Collegiate Funding Services (acquired by JPMorgan Chase Bank), and previously served as the Chief Operating Office from 2000 to 2002. He also served as the General Manager of Financial Services for the Office of Student Financial Assistance, a...
Study Groups: Student Lending Industry(?)
| Study Group Name | Members |
|---|---|
| Student Lending Experts | 163 |
| Student Lending Consultants | 17 |
| Chief Financial Officers in the Lending Industry | 44 |
| Student Loan Consolidation Experts | 21 |
| Student Loan Securitization Experts | 16 |
GLG NewsSM
Analysis: Student Lending Industry(?)
CIT Group drew down emergency credit lines totaling $7.3 billion in March 2008, after being cut off from customary sources of cash, forcing CIT to scrap its government-backed student loan program on 4.3.08. Due to its weak position, CIT may be a prime takeover target. The lack of investor demand has...
- Short Sales Are Below Radar - Stricter Lending Criteria Keeping Interest Rates Higher Thwarting the Fed's Actions (Which do not directly affect mortgage rates, anyhow).
It boggles the mind that so many in the business world and particularly in the commercial real estate industry don’t heed the dire and unprecedented actions being taken to stave off an economic collapse last seen during the Great Depression. Just look at the recent Federal Reserve actions and if that...
At UBS's Annual Shareholders Meeting the topics of discussion included UBS's $19 billion writedown, its $14.8 billion rights issue to raise capital and the replacement of Chairman Ospel by UBS's current Legal Counsel, Peter Kurer. UBS's huge bet on subprime investments has led to the largest bank writedown...
Implications: 1.The American Consumer is beginning to fail on their management of life style and debt.Education and proper advice is the answer. 2.The matter outstanding is the issue of an overextension , relating to credit. 3. The rise and fall of housing prices is the striking criteria,...
GLG InstituteSM
Seminars: Student Lending Industry(?)
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