Annuity and Structured Settlement Recipients Use Cash From Sale of Future Payments to Pay for Education Costs

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More than 80 student lenders have stopped making frederally guaranteed student loans temporarily or permanently as a result of a distressed credit market.

According to a May 22 article in USA TODAY -

Sallie Mae’s shares jumped Wednesday after it became known that the Bush administration is preparing to help struggling lenders in the student lending market by having the government buy up their loans.

As families feel the increased cost of living fueled by raised prices in wheat, corn, fuel, and household consumer goods, many families that have children who are preparing to graduate and continue on to a college education are finding alternate ways to provide for tuition.

Full article can be reached at Articlebase

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