College in America Blog

Archives for August 2014

The Demise of the Stafford Loan: Rest in Peace

The Federal Guaranteed Student Loan program, created as part of the 1965 Higher Education Act, was renamed the Robert T. Stafford Student Loan Program in honor of US Senator Robert Stafford of Vermont in 1988. For a period of twenty-six years college students, for better or for worse, signed up in droves for Stafford Loans […]