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College families scouring for loans

As bills come due, schools counsel calm; Funds still available - at higher rates

Walt Minnick, a financial aid counselor at Salem State College, was swamped with calls yesterday after one major lending authority announced it would make no student loans this year. Walt Minnick, a financial aid counselor at Salem State College, was swamped with calls yesterday after one major lending authority announced it would make no student loans this year. (Essdras M Suarez/ Boston Globe)
By Peter Schworm and Beth Healy
Globe Staff / July 31, 2008

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With tuition bills looming, thousands of Massachusetts students and parents are scrambling to secure college loans amid deep turbulence in the nation's credit markets, but college and university officials are reassuring families they should be able to borrow the money they need. (Full article: 1067 words)

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