Putting Low Income Students At Risk

When it comes to private student loans, there's a popular myth, perpetuated by the student loan industry, that these loans go solely to middle-income and higher-income students who have excellent credit. Private lenders don't lend to the most financially needy students because these students pose too great a credit risk.

Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.