JPMorgan Exits Student Loan Business

GraduateJPMorgan, which already restricted student loans to existing Chase bank customers, will stop accepting applications for private student loans on October 12, at the end of the peak borrowing season for this school year, according to a memo from the company to colleges that was reviewed by Reuters on Thursday. Final loan disbursements are expected before March 15, 2014.

Continue to the original source »

About TCS News

TCS News was founded to support the principles of conservative Americans. We provide regular news articles, opinions and discussion related to current issues.