The Hidden Danger in Higher Education Financing: Why State-Based Student Loans Are Emerging as the "Worst of Both Worlds"
Introduction: The Overlooked Third Tier of Higher Education Debt For decades, the national conversation surrounding higher education debt has centered on a distinct binary. Borrowers, policymakers, and financial advisors have operated under the assumption that students face two primary choices when financing a degree: federal student loans backed by the United States Department of Education,…
