That harsh question is posed by a Massachusetts guidance counselor in response to the College Board’s recently announced deal with Citibank to promote their private student loans. This announcement comes on the heels of a report by the College Board in which some finacial aid experts called the rapid growth of students receiving “private” loans, which carry higher rates and stiffer repayment terms than government-backed loans, as “troubling”. The College Board, a non-profit organization that administers the SAT exam, has found itself in a tailspin this year after repeated blunders.
Panel of Experts
Karl Schellscheidt
SAT Prep Expert
- BSE, Princeton University '90
- M.A., Secondary Education Seton Hall University '93
- J.D., University of Pennsylvania Law School '00
Fred Hargadon
Dean of Admission
- Swarthmore College
(1964-1969) - Stanford University
(1969-1984) - Princeton University
(1988-2003)
Don Betterton
Financial Aid Expert
- Director of Financial Aid, Princeton University (1973-2006)
- Certified College Planner
- Principal, Betterton College Planning
Seamus Malin
Admission Expert
- Harvard University
Dir. of Financial Aid
(1966-1977)
Asst. Dean of Admission
(1977-1987)
International Office Director
(1987-2002)
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