Cataloguing Private Student Loan Burdens

August 25, 2009

Nearly two-thirds of borrowers with private student loans in 2007-8 had not taken full advantage of the cheaper and safer federal student loans for which they would have qualified, the Project on Student Debt said in a report Monday. That finding is one of several in the latest study to examine the upturn in students' usage of alternative loans, based on data from the National Postsecondary Student Aid Survey.

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