The Number Cruncher: Student Lending Analytics Blog

July 23rd, 2010 by Ken No Comments »

Today’s website focus is on Student Lending Analytics and the blog by founder and President Tim Ranzetta. This website is fantastic for updated information on what is going on in the world of student loans. Today’s blog update breaks down recent statistics released by the Federal Student Aid Data Center. The update shows a substantial increase in federal loan volume through the first three quarters of 2009-10. My opinion is that the increase in student enrollment around the country has led to an increase in federal loan volume. Federal Stafford loans are guaranteed to all students that make a halftime registration requirement, so loan volume is dependent on how many people are going to school. Credit worthiness is not considered. During down economic times, more students attend school, return to school or stay in school longer to try and “wait out” the economy. Hopefully they acquire skills while in school to eventually find gainful employment, and not simply stack more debt they will never be able to repay.

Tags: analytics, blog, credit worthiness, economic times, economy, federal loan, federal stafford loans, federal student aid, gainful employment, loan volume, number cruncher, registration requirement, statistics, student enrollment, student loans, substantial increase, three quarters, website focus

This entry was posted on Friday, July 23rd, 2010 at 7:10 pm and is filed under Student. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.