ATLANTA, Georgia (CNN) -- Eric Hahn thought his financial situation was set after he was approved for a private student loan with an 8 percent interest rate to supplement his federal education loans.

Eric Hahn, 21, estimates he will be in debt for the next five to seven years for his undergraduate tuition.

Just a few weeks later, Hahn, 21, was forced to cash in his savings and investments so he could make his rent and tuition after finding out that the lender, MyRichUncle.com, had suspended its private student loan program.

"Due to continued disruptions in the capital markets, combined with the continued demand we have experienced this year, we are reaching funding capacity limits," a message on his cell phone said, mimicking a statement on the company's Web site.

The sudden news left Hahn, a senior-year finance major, scrambling to find additional funding after maxing out his borrowing options from the federal government. Eventually, the country's leading student loan provider, Sallie Mae, approved him for a private loan at 12 percent.

After he graduates, Hahn estimates it will take him anywhere from five to seven years to repay about $30,000 he will have borrowed by then.

"Money isn't cheap," said Hahn, who transferred to Georgia State University in Atlanta from the University of Connecticut last year because the tuition was less expensive. "The process is time-consuming, and there's also the stress of having to liquidate my investments and wonder where I'm going to find money."

About 8 percent of student borrowers rely on private loans, which tend to be costlier and stricter than federal loans, said Robert Shierman, executive director of the Institute for College Access and Success. In doing so, Hahn and others like him are getting a crash course in market volatility and its effects on the consumer's ability to find money. Watch how the current economic troubles affect consumers "

1. What is Hahn studying?
2. At which university?
3. Where did he attend last year?
4. Why did he transfer?
5. What year of student is he?
6. at how old?
7. How long does he anticipate being in debt?
8. How much will he have borrowed in total?
9. Which company ended its loan program and left him in a bind?
10. What rate was he anticipating with that company?
11. What reasoning did they give?
12. Where did he end up borrowing from instead?
13. At what percentage rate?
14. Is this a well-utilized company?
15. Why couldn't he receive more money from the government?
16. Is the government more lenient than private options?
17. Which option is cheaper?
18. According to whom?
19. at which organization?
20. what title does he hold there?

Provide a numbered list of answers.
1. finance
2. Georgia State University
3. the University of Connecticut
4. tuition was less expensive
5. senior-year
6. 21
7. five to seven years
8. $30,000
9. MyRichUncle.com
10. 8 percent
11. "Due to continued disruptions in the capital markets, combined with the continued demand we have experienced this year, we are reaching funding capacity limits"
12. Sallie Mae
13. 12 percent
14. yes
15. he maxed out his borrowing options from the federal government
16. Yes
17. federal loans
18. Robert Shierman
19. the Institute for College Access and Success
20. executive director