The other half comes from one of 14 private lenders participating in the program.

It also guarantees $450 billion in loans by private lenders.

The private lenders should lose their money, all of it.

That still leaves him with $88,000 in debt to private lenders.

But he said the private lenders would still be doing some of the screening for a fee.

The remaining $4.9 million is being provided by private lenders.

The balance of the money will come from other private lenders and public sources.

This is almost 3 percentage points less than the 10.5 percent rate being offered through most private lenders.

Students can take out such loans from banks, other private lenders or state agencies.

These are also offered by banks, other private lenders or state agencies.