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Colleges are dipping their toes in the private student loan business

Yale University is among a growing list of schools creating new student-loan programs to cover federal financing gaps.

Plexi Images/GHI/UCG/Universal Images Group via Getty Images

  • Trump's student-loan repayment overhaul includes caps on borrowing for advanced degrees.
  • Colleges are introducing new private loan programs to fill the federal funding gaps.
  • Private student loans can be riskier with minimal federal oversight.

The way you pay for advanced degrees could soon look a lot different...

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