How to Finance College Without Banks

Federal student loans don't provide nearly enough money to pay for a year's tuition and college costs. And the current credit crunch isn't helping as students and their parents try to raise money for college.

As the nearby chart based on College Board statistics shows, there is a huge funding gap -- even beyond the various education tax benefits, grants, and federal student loans that are given out each year.

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How do American families find that extra $113.5 billion dollars to pay tuition bills and other college expenses? And whose burden is it really: the student's, or the parents'? ...