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Study finds that Student Loans made outside of federal programs have higher prices, lack borrower protections
By:
Sbyrnes
On: 2008-03-03 College students, increasingly reliant on high-priced and lightly regulated private loans to pay tuition and other expenses, are risking their futures by taking out expensive loans, a new study warns. These private loans now account for nearly one in every four dollars of student borrowing. "Paying the Price: The High Cost of Private Student Loans and the Dangers for Student Borrowers," a report issued March 3 by AFFIL Partner the National Consumer Law Center, finds that private student loans are almost always more expensive than federal loans. |





















