December 21, 2007
The Housing Market's Credit Crisis Raises Worries in Higher Education
The tightening of the credit markets amid the meltdown in U.S. housing prices is nibbling at higher education.
Although the sense of crisis now rattling Wall Street and the mortgage industry hasn't reached the same fever pitch with students or colleges, the economic turmoil is beginning to make it tougher for some colleges to cover their day to day expenses, and for some student-loan companies to stay in business. Families may also have a harder time borrowing against their homes to
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