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America’s Student Loan Providers today released the “2006 Student Loan Fact Book Part I.” Drawing upon independent and government sources, the Fact Book presents key data regarding federal student loans, especially the Family Federal Education Loan Program, which is the largest single source of federal financial aid. Kevin Bruns, ASLP Executive Director, said, “The Fact Book gives one of the best 10,000-foot views of the nation's largest student loan program -- and the broader financial aid system in which it operates -- that exists anywhere. “Reporters and researchers will be hard-pressed to find a more thorough and independent collection of student loan data,” Bruns said. “We welcome media inquiries about the Fact Book or other issues relating to federal student loans.” A PDF copy of the 2006 Fact Book is attached, as well as posted at ASLP's web site. America’s Student Loan Providers represents 86 of the nation’s leading private, nonprofit and state-based education and financial organizations that provide guaranteed student loans through the Federal Family Education Loan (FFEL) Program. By leveraging private financial markets and competing for the right to lend to students, ASLP members offer low-cost loans to millions of students and superior levels of service to most of the approximately 6,000 postsecondary institutions that participate in the FFEL program. More information is available at ASLP's web site or call 202.721.1190.
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