Published on OurFuture.org (http://www.ourfuture.org)

Student Loan Guarantor Faces Bankruptcy

By Alex Carter

Created 04/08/2008 - 12:05pm

Source URL:

http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSN072939992... [1]

Article Publication Date:

04/08/2008

The Education Resources Institute Inc, which calls itself the largest not-for-profit guarantor of U.S. private education loans, has filed for Chapter 11 bankruptcy protection, saying rising defaults and credit market problems have damaged liquidity.

An Economy for All
Quality Education
Bankruptcy
college affordability
higher education
student loans

Links:
[1] http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSN0729399920080407