Nine in ten (92%) parents with a child under age 25 say families should be able to choose from a variety of lenders to finance their children's college education, according to a survey from Ipsos Public Affairs.

Over one-half (54%) of parents say the Federal government should be more involved in regulating student lending, while only 35% say the government should be the sole provider of federal college loans.

Meanwhile, 85% of parents say private-sector lenders should be allowed to offer federal students loans that are competitive with loans offered directly from the Federal government.

Proposed Congressional Legislation

Over one-half (52%) of parents oppose—including 32% who strongly oppose—the legislation in Congress that would change the current student lending system so that only the federal government would offer federal college loans. Some 40% of parents favor the legislation.

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Families Want Choices Among College Lenders

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