Before, most college loans are offered by the federal government.  Now, aside from the federal government, schools have already established linkages with private corporations to offer college loans.  The bureaucracy associated with working with the government translated into a stronger preference of schools for private corporations in terms of providing college loans for their students.
In [...]

The list of the kinds of student loans and their respective features, advantages and disadvantages can be quite long.  In a gist, the kinds of student loans include Private Loans, Direct vs. FFELP (Federal Family Education Loan Program) loans, Grad Plus, Parent Plus, Consolidation, Unsubsidized Stafford, Subsidized Stafford and Perkins.  These kinds of student loans [...]