Online counseling pushing college students toward risky private loans

[caption id="attachment_40568" align="alignleft" width="150"] More than half of private loan borrowers don't maximize their federal student aid options.[/caption]

College and university websites should require prospective students to check their eligibility for federal student aid before private loans with ever-changing interest rates are presented as a legitimate option, according to a report from a nonprofit group advocating for greater college access and affordability.

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