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March 10, 2010


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Sallie Mae is using the federal loan program as a loss leader to rope in students to take out private loans at rates up to 13% and loan fees up to 5%. The feds need to regulate the private loan side of the business. At these rates, at the very least, people with private education loans should have bankruptcy protection.

Barry Goldwater

Check this article:

The coming melt-down in higher education (as seen by a marketer)

Barry Goldwater

The coming melt-down in higher education (as seen by a marketer)


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