Sentences with phrase «student loans of last resort»

They're the student loans of last resort, the ones college students turn to when all the family aid, grants, scholarships and federal loans aren't enough to cover academic expenses.

Not exact matches

Private loans are unsecured, credit - based loans and lines of credit offered by banks, credit unions, and state agencies that are meant to be a «last resort» if the student needs more money after maximizing their financial aid and federal loans.

While filing for relief should be a last resort, politicians such as Rep. Katko and Delaney believe that carrying the burden of student loan debt even after declaring bankruptcy is unfair.

Student loan borrowers should consider other forms of repayment assistance, and only consider bankruptcy as a «hail mary» last resort.

While personal loans can be a help for your student debt, they really should be a last resort compared to other sources of funds.

Think of private student loans as a last resort to pay for college — they cost more than other types.

These loans tend to have fewer protections than federal student loans, which is why many consider them to be an option of last resort.