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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
By Daniel Wagner / The Bulletin
July 21, 2012
WASHINGTON — Risky lending caused private student loan debt to balloon in the past decade, leaving many Americans struggling to pay off loans that they can’t afford, a government study says.
Private lenders gave out money without considering whether borrowers would repay, then bundled and resold....
