Both annual limits were established in the Higher Education Amendments of 1986, sixteen years ago. ... Compared with HEA loans, these alternative loans may require a creditworthy cosigner, the payment of high loan insurance fees, higher interest ... About 20 percent of those with credit cards have charged tuition and fees on them, and 57 percent have used a credit card to pay for books and supplies.
|Title||:||Reauthorizing the Higher Education Act|
|Author||:||Thomas R. Wolanin|