College tuition is getting more and more expensive, and according to The New York Times's Joe Nocera and Laura Pappano, some private student loan companies are making a lot of money by financing your child's education.
Jean talks with Joe and Laura about recent scandals of alleged bribes and poor practices between college financial aid offices and private loan companies. Then, Joe and Laura take calls from listeners dealing with the rising cost of higher education and give tips to parents and students shopping for the best interest rates on private student loans.
The information provided here is general advice and you should always consult your own financial adviser before making major financial decisions, including investments or changes to your portfolio. The opinions expressed by the hosts, guests and callers to Oprah Radio are strictly their own.