Monday, July 31, 2006

Best Loans May Be Outside University Preferred list

Obvious, but bears repeating:
Colleges and universities do not always push students toward the lenders with the best rates, Bloomberg News Columnist John Wasik said.

In many cases, because of marketing agreements, students are given a list of preferred lenders, generating the perception that they are the best loans available because they are chosen by the school.

The best deals are often to be had outside financial aid offices, certified public accountants said.

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