Not exact matches
And while federal
loans come with their own set of challenges and risks, all 1.37 million
private loan borrowers are often subject to fewer protections and less
flexible repayment plans
than those offered under federal
loan agreements.Less accommodating repayment options and more rigid terms can quickly lead to
private student loan defaults, which is a dangerous financial place to be.
Loans made by the federal government, called federal student loans, usually offer borrowers lower interest rates and have more flexible repayment options than loans from banks or other private sou
Loans made by the federal government, called federal
student loans, usually offer borrowers lower interest rates and have more flexible repayment options than loans from banks or other private sou
loans, usually offer borrowers lower interest rates and have more
flexible repayment options
than loans from banks or other private sou
loans from banks or other
private sources.
Direct Parent PLUS
loans have three repayment plan options, which are more
flexible than many
private parent
loan options, but more limited than the Direct Loan options for stude
loan options, but more limited
than the Direct
Loan options for stude
Loan options for
students.
Private student loans generally have higher interest rates and less
flexible repayment options
than federal
loans.
And while federal
loans come with their own set of challenges and risks, all 1.37 million
private loan borrowers are often subject to fewer protections and less
flexible repayment plans
than those offered under federal
loan agreements.Less accommodating repayment options and more rigid terms can quickly lead to
private student loan defaults, which is a dangerous financial place to be.
Here's what Kiplinger's personal finance magazine says college
students don't need: New textbooks, a high - end computer, a printer, a pricey smartphone plan, cable TV (watch streaming videos on a computer), a car (especially for freshmen), overdraft protection on bank accounts, campus health insurance (assuming coverage under the family's health plan) and
private loans, which carry higher interest rates and less
flexible repayment plans
than federal
loans.