Colleges teach lesson in stress

 

Source: Tim Simmons, McClatchy-Tribune [Baltimore Sun] ( Free Registration )

RALEIGH, N.C. - Lacey Mogy didn’t know much about student loans when she enrolled this year at the School of Communication Arts in Raleigh - except that she needed several if she was going to study digital film production.

Then her mother received a letter telling her that one of those loans won’t be renewed next year. The lender is getting out of the student loan market.

Now Mogy is quickly learning about the link between the national credit crunch and the availability of student loans for fall.

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