There is an interesting article today over at Inside Higher Ed regarding some efforts to make comparison shopping of college loans more of an option. I always encourage families to put some effort into the search for the right college loan as there are many options available. Generally, families should start by looking at loans from the federal or state government as they often offer the best loan rates. However, even when only looking at federal or state sponsored loans, the terms can very from lender to lender on such topics as the interest rate and discount rates for loan origination. Like everything else related to the college process, the more knowledge you have the greater the chance that you will make an informed decision.
Monday, October 22, 2007
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