Cashing In on Student Loans

By STEPHEN BURD

Colleges reap big rewards by becoming lenders, but critics, including some lawmakers, question institutions' motives

Table: Showing how one college lends money directly to its students

Table: Showing the top five college lenders in 2002-3

Article: A Deal Between Pace U. and Sallie Mae Raises QuestionsBy STEPHEN BURD

Colleges have found a way to turn a profit from the federal guaranteed student-loan program: Make the loans themselves.

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