Tag: Private Loan

When other types of aid fall short, students can use federal and private student loans to pay for education. While federal loans are exclusively accessible from the federal government, private student loans can be obtained from a variety of lenders. Interest rates, payback terms, hardship choices, and fees vary between federal and private student loans. Federal Student Loans Federal student loans are generally preferred due to the perks they provide. Yet, if you have exhausted your federal loan options, it may be worthwhile to investigate private student loans. The federal government issues...