When Nelnet, the nation's No. 2 consolidator of student loans, announced in January that it would stop making consolidation loans, Number 3 NextStudent now has said the same, members of Congress didn't seem to bat an eye.
A week later, the College Loan Corporation, the eighth-largest originator of federally guaranteed loans, followed suit.
If you want a collage loan you better start applying six months before you need it since it might be non existent. Hillery Clinton and Obama both want to do away with the FFELP program altogether if elected, and that would mean no more federal lending for student loans.
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