How does the current financial crisis affect private student loans?

With everything that is going on right now in the economy, with the financial bailout being turned down, etc. How is all of that affecting the private student loans? I have a loan through SallieMae.

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2 Responses to “How does the current financial crisis affect private student loans?”

  1. John B said:

    no credit market ie. no money to loan on credit =no loans
    Ford and Toyota already showing sings of sales drop account tight credit10/1/08 yahoo news.
    perhaps credit will be available but the interest maybe high have to pay more when something is scarce,work hard on those grades an go for the scholarships-good luck

  2. blesnme said:

    OMGoodness, is this true???




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