The College Solutions Blog

Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.

Cost of borrowing for college

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Making Enormous Profits off College Loan Borrowers

Any day now President Obama is going to sign legislation that will at least temporarily lower the interest rates on federal student loans. This might sound like a welcome development, but it isn’t because the federal government will be continuing to make huge profits off parents and students who borrow. The legislation could eventually make the financial pain worse for...