<p>Students do not get to choose between lender funded loans and direct loans. That decision is made by the institution and students have to accept it or do without the loans. Also, the Direct market only has about 20% of the Stafford Loans…and truly can only handle another 20% of the loan necessities. What is going ot happen when Congress has pushed out all the legitimate lenders who ARE keeping the students best interests at the hearts of their businesses? Where are students going to find the money to get their college education? Schools cannot reduce their tuition…then enrollment would plummet. We polled our students two years ago: Lock in tuition rates or build a new and improved student center with all the luxuries other private LAC’s offered. The student were overwhelming in support of the new student center. They want the best technology, the best living conditions, the best campus…no matter how much debt they have to take out. Is the loan industry perfect? Absolutely not, but neither is any other industry in the world. For each negative found for lenders, I can find one for Academia and Professors. Maybe we could reduce tuition costs by reducing Professor salaries??</p>