The Wall Street Journal
September 12, 2014
by Josh Mitchell
The Obama administration is moving to ease access to student loans for parents with damaged credit, a policy reversal that could saddle poor families with piles of debt but also boost college enrollment…Credit counselors say they have seen a rise in borrowers who took out large sums despite being on limited incomes. “This debt will remain a huge problem for the rest of their lives,” said Toby Merrill, head of the Project on Predatory Student Lending at Harvard University’s Legal Services Center.
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