CAMBRIDGE, Mass. (8/24/09)--Credit unions' efforts in helping students obtain private student loans is still getting media attention, this time in Massachusetts. The Street.com wrote about a Massachusetts credit union's efforts in its "MainStreet" column Friday.
"With private lenders fleeing the scene, thanks to ongoing lousy credit conditions, credit unions are increasingly picking up the slack in a market they've long avoided--student loans," began the article.
It discussed Harvard University Employees CU's pact with the university to make student loans available to international graduate and professional students, who found loans drying up in the tight market.
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Courtesy of cuna.org