Many big banks have stopped student loans altogether; those that remain are paring down their lists of colleges, to whose students, they will offer loans. Which schools are getting dropped: 2-yr colleges, for-profit universities, and other less competitive institutions. Citibank, which has been the most aggressive in paring the list, is joined by JPMorgan Chase, PNC, and Suntrust banks as those that are cutting out 4-yr colleges that aren't very selective in their admissions. This practice threatens to cut off loans to those students who often need it the most.
Check out the entire article at:
http://www.nytimes.com/2008/06/02/business/02loans.html?_r=1&ref=education&oref=slogin
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