(Reuters) - Seventy percent or more of student loans were provided by a single lender at as many as 800 colleges in the last school year, said Jeff Baker, policy liaison at the U.S. Department of Education's federal student aid office.
"That was a little flag to us that perhaps, just perhaps, the institution isn't quite being open enough to their students and parents about who they could borrow from," he told an annual meeting of the National Association of Student Financial Aid Administrators.
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"That was a little flag to us that perhaps, just perhaps, the institution isn't quite being open enough to their students and parents about who they could borrow from," he told an annual meeting of the National Association of Student Financial Aid Administrators.
Read more at Reuters.com Bonds News
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