OK yes. That's correct. I think perhaps it's easy to read your comment and think that there aren't private lenders at all anymore. I just wanted to point out th

OK yes. That's correct. I think perhaps it's easy to read your comment and think that there aren't private lenders at all anymore. I just wanted to point out that this is not the case. You're correct that private student loan lending is no longer subsidized and hence the rates tend to be higher.