"So far, despite a relative handful of announcements from major institutions like Indiana, Michigan State, Northeastern and Pennsylvania State Universities, there have been few signs of a major shift [to Direct Lending]," Inside Higher Ed reports. "But a new survey suggests that the flow of institutions bolting the guaranteed loan program could be significant. Student Lending Analytics, which provides data to financial aid officials to help them select lenders, among other purposes, reports that 5.8 percent of colleges now participating in the Family Federal Education Loan Program have already decided to switch to the federal direct loan program and another 19.3 percent are contemplating such a switch. The numbers are particularly high for community colleges, with 7.2 percent of public two-year institutions already planning to switch and 28.9 percent considering making that move. Rough estimates are that a 15 percent decrease in loan volume in the guaranteed loan program would result in a 60 percent increase in loan volume in the direct loan program."