The volume of private student loans has grown more than four-fold in the last seven years as students struggle to bridge the widening gap between college costs and federal loans.

The average yearly cost of attending a public four-year college was $18,110 from 2013 to 2014, nearly double the cost of tuition, fees, and room and board 20 years earlier after adjusting for inflation, according to the U.S. Department of Education.

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Jim DuPlessis

A journalist for decades.

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