USA Today And The San Francisco Chronicle Report….

on private loans for college which are growing very rapidly. These loans are not guaranteed by the government and interest rates on these loans can be as much as 19%.

Reasons for the growth in private loans is the limit on the amount you can get from federal loans and agressive marketing from online websites.

The San Francisco Chronicle article does not offer much new in the stats part but looks at more people and how they are trying to deal with the debt that they have.