Private Loans: Facts and Trends

Analysis of federal data from 2007-08 reveals that two-thirds of private loan borrowers did not take out all they could in safer, more affordable federal loans. This fact sheet also finds that a majority of private loan borrowers in 2007-08 attended schools with tuition and fees of $10,000 or less, and that African-American students were the most likely to take out private student loans.

  See the fact sheet

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