In the News

Stephen Burd in Pittsburg Post-Gazette | 'Market Doubts Hit Private Student Loans'

February 12, 2008
Market Doubts Hit Private Student Loans (Pittsburg Post-Gazette)

...Sallie Mae and others are experiencing a growing default rate. The sub-prime mortgage crunch has spilled over into the student loan area, too, with investors less willing to buy loans of different kinds, said Stephen Burd, senior research fellow at New America Foundation, a nonprofit think tank.

"It's just a question of securitization right now," Mr. Burd said. ...

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