Getting Schooled on Student Loans

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Getting Schooled on Student Loans
2006-10-27
Correction: In an earlier version of this item, I wrote that "Loan to Learn, in fact, has seen its share of the market grow to 18 percent of all student loans and to about 10 percent of all student aid awarded -- a total of $13.8 billion in 2004-2005." Thanks to Mark Kantrowitz of finaid.org, who pointed out that these figures actually refer to all private student loans, not just Loan to Learn. The item has been corrected. These days, getting angry seems to be part and parcel of earning a degree. And I'm not talking about student protests. I'm talking about student loans. Higher education has always been expensive and applying for financial aid was never easy. The difference now is that student loan debtors, like other consumers, are more vocal when they think they're being treated unfairly....
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