Lenders Say Plan to Give Guarantee Agencies Flexibility Could Also Give Them an Unfair EdgeA Quick Guide to Guarantee Agencies

By STEPHEN BURD

First Pennsylvania, and then the world!

That's what many commercial bankers believe is an apt motto for the Pennsylvania Higher Education Assistance Agency, the country's second-largest student-loan-guarantee agency and nonprofit lender.

The Pennsylvania guarantor -- which provided about $344-million in federal

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Past Coverage

Education Department Chooses Guarantors for Pilot Program - February 11, 2000
Education Department Experiment Will Give Loan-Guarantee Agencies More Flexibility - August 6, 1999
Education Department Is Ready for Any Loan Crisis, Spellings Tells Congress - March 17, 2008
Plan to Give Loan-Guarantee Agencies Flexibility Stalls - September 15, 2000
Loan Guarantors May Ask Students to Pay More - December 5, 2003

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Lenders Say Plan to Give Guarantee Agencies Flexibility Could Also Give Them an Unfair EdgeA Quick Guide to Guarantee Agencies

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