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- Jul 13, 2006
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This used to not be true, but last year they were all basically the same due to economic conditions. I suspect it will be more of the same this year since it's just gotten worse. The differentiating factors will probably be more along the "who do you like more" lines (e.g., some people hate SallieMae with a passion).I think they are pretty much all the same (since the feds set the interest rate and repayment details). Someone correct me if I am wrong. I've gone with SallieMae for both my undergrad and graduate loans since they seem like the biggest lender around.