Thursday, July 9, 2009

CUs fill void as student-loan lenders retrench

CHICAGO (7/9/09)--Credit unions' student lending programs have gained the attention of The Chronicle of Higher Education.

With traditional student loans in short supply as lenders retrench through the economy, credit unions are stepping into the opportunity of private student lending, Credit Union National Association Senior Economist Mike Schenk, told the publication (July 10).

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