The Wall St. Journal in "Weathering the Storm in Student Loans" outlines student options and recommends strategies for obtaining the best rates on financial aid in the aftermath of the student loan scandal.
The key passage:
"It makes the most sense to shop around for a federally guaranteed loan because new lenders, knowing the government stands behind the loans, may be more willing to cut prices to quickly build market share. What’s more, nonprofit groups and some state-run programs may offer better deals on these loans, and new online tools are emerging that can help borrowers compare loan offerings."
The article discusses options for undergraduate and graduate students.
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