September 22, 2006
Deals Between Private Lenders and Colleges Raise Concerns
A growing number of institutions — particularly high-priced private colleges, some public flagship universities, and for-profit institutions — are including private loans in the financial-aid packages they offer to students.
Colleges can "package" the loans to needy students because of special deals their institutions have struck with loan providers. In exchange for steering prospective borrowers their way, lenders allow colleges to provide their private-loan
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