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Articles tagged with: TERI

Breaking News: Private Student Loans May Soon Get More Expensive

ARCHIVED POST – America’s largest not-for-profit guarantor of private student loans declared bankruptcy Monday night. The Education Resource Institute or “TERI” explained its decision to seek Chapter 11 bankruptcy by citing a sharp increase in the number of borrowers defaulting on their loans plus the troubled credit market. TERI currently has more than $17 billion […]