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I'm not sure of the policy at GCC, but Hillsdale (#1) has a similar policy and you can take out loans with their own approved group of lenders. These lenders actually beat government loan rates in some cases because Hillsdale graduates actually learn useful, marketable skills and are in demand. Accordingly, their default rate is very low and so are their interest rates.

GCC may already have a similar arrangement in place. I've heard some of the more conservative colleges are considering such an arrangement. Successful alumni actually contribute to a sort of perpetual education fund which new graduates pay back and even help grow a little.

It would be an excellent idea for every conservative college to do this and eventually leave the government program holding the bag for the ethnic/gender studies majors and those of similar ilk who can default and bankrupt it more quickly.

Anyway, your daughter should get a hold of an admissions counselor at GCC and tell them she is considering Hillsdale and a couple of other colleges in the top 25. I'm sure they will be glad to tell her how it works.