11/04/2007 - With so much of college readily accessible on the Web, families may be forgiven for relying on the Internet, too, for advice on how to pay the tuition. And loan companies and entrepreneurs are lining up to give it to them.
“Don’t just do a Google search,” warns Robert Shireman, executive director at the nonprofit Project on Student Debt. “It’s frightening, the things that come up.”
In his view, searching for reliable information online is akin to shopping for a used car. Truly impartial sources are hard to find.
One issue is the ties between Web sites offering advice and student loan companies. If a site receives a payment every time a student visiting it borrows from a specific bank, the incentive exists to steer business to that bank.
Read the full article Move Over, Orbitz at The New York Times' Web site.
Pew is no longer active in this line of work, but for more information, visit the Project on Student Debt Web site or visit the The Project on Student Debt on PewHealth.org.