When Did the Government Take Over Student Loans?

Answer The government proposed, but has not taken over student loans as of early 2010. Sallie Mae, a publicly traded company, is the nation's largest student lender with $22 billion in loans for 2009. Ten... Read More »

Top Q&A For: When Did the Government Take Over Student Loans

Government Facts About Student Loans?

Government student loans provide financial assistance to students who need help paying their college tuition or related expenses. Before qualifying for a student loan, all applicants must fill the ... Read More »

How to Learn About US Government Student Loans?

The federal government is responsible for disbursing most of the financial aid that helps send millions of Americans to colleges and universities each year. Federal government aid is distributed to... Read More »

Who determines eligibility for student loans: the school or the government?

The school decides the eligibility for a student loan. The school reviews the Federal Student Aid application and notifies the applicant of the amount the student is able to borrow, as well as what... Read More »

Can the government take my social security check for past student loans?

They can't take all of it, but yes they will garnish a certain percentage of it. Like 15% or something.