Federal student loans have fixed interest rates, manageable repayment options and several consumer protections that private student loans lack
WASHINGTON, D.C.–(ENEWSPF)–March 29, 2012. Noting that two-thirds of private student loan borrowers were not aware of the dramatic difference between federal student loans and risky, higher-interest, private student loans, U.S. Senators Dick Durbin (D-IL) and Tom Harkin (D-IA) today introduced a bill that would require schools to counsel students before they sign on to expensive, even…
