Direct Lending in Distress

By STEPHEN BURD

Colleges leave the government program to take advantage of deals from private lenders

Tables: Lists of the largest universities that remain in the direct-loan program, and of those that have left, by loan volume

Article: Lenders Mislead in Battle Over Cost of Direct Lending, Budget Experts Say

Last fall the University of Nebraska at Lincoln received an offer it couldn't refuse: a guarantee of hundreds of thousands of

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