Interview: VSAC’s Don Vickers on federal student loan rates

Good new for anyone trying to pay off their student loans-with this year’s annual reset, the federal rate went down. And for families trying to plan for college, the rate for new borrowers will also decrease. Don Vickers, President of the Vermont Student Assistance Corporation tells VPR’s Mitch Wertlieb about the rates.

VSAC strikes deal with bank for loan financing

Upheaval in credit markets has thrown many college loan programs into chaos, just as students are making choices about where they’ll study next year. Vermont’s prime student loan agency says it has avoided that upheaval because it’s struck a deal with a bank for $390 million in financing. VPR’s Ross Sneyd reports.