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If that were true, why would private student interest rate be 7% also? It has no such favorable repayment terms.
by littletimmy 11y ago
If that were true, why would private student interest rate be 7% also? It has no such favorable repayment terms.
- evanpw 11y agoIt's my impression that there isn't much private student-loan industry left, having been driven out by federal loans. What's left probably targets a different demographic from the usual one, like borrowers who have already maxed out their federal loans, which might be a riskier group.