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Student loans

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Borrowing has become a necessary financing tool for many college students and their parents. In fact, fifty-one percent of full-time, first-time undergraduates attending a public institution received a student loan in the 2010-11 school year.* The average loan amount exceeded $6,000. On these pages, we’ve put together some information and links to help you understand your options for borrowing money for college.

*National Center for Education Statistics, The Condition of Education 2013. Includes all students borrowing through federal, state, institutional, and private loan programs, but does not include parental borrowing through the PLUS Loan program.