University in San Angelo, Texas, Concerned About Future of Student Loans (Kansas City infoZine)
"Lyn Wheeler, director of financial aid for the university in San Angelo, Texas, said her office is doing its best to prepare for a possible switch to the Federal Direct Loan Program, which allows the Education Department to provide loans," Kansas City infoZine reports. "Wheeler said the switch would put a cumbersome administrative burden on her staff of 11, which deals with an enrollment of 6,155 students. ... Wheeler said the university would rather continue to partner with private lenders because students can select a lender and receive quality customer service, including guidance on repayment and default prevention counseling."
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