If we're talking about loans for undergrad the government makes most of those directly now. There are still private loans. I don't know if the government guarantees them, but I believe you cannot discharge the debt in bankruptcy so it's still protected by them.
Loans for secondary trade school like law, medicine or business are still often private, however those grads generally make money...
If we're talking about loans for undergrad the government makes most of those directly now. There are still private loans. I don't know if the government guarantees them, but I believe you cannot discharge the debt in bankruptcy so it's still protected by them.
Loans for secondary trade school like law, medicine or business are still often private, however those grads generally make money...