Sallie Mae

[YoungEconomist]

I may need to take out some additional student loans next year since my financial aid may not be enough to cover the cost of my education. I don't really know where to get out an additional loan. I could go through Sallie Mae (who's own by the gov't I think) or I could go through a private company/bank. What do you guys think? Any personal experience with either? If so, how did it turn out and what advice do you have for me?

[buckykatt]

Sallie Mae no longer has ties to the US government. There's a good chance that they'll wind up administering your loan no matter where you borrow, but just go to your local bank to get the loan.