It’s a tough year for college students – and student loan borrowers, in general: the unemployment rate is high, subsidized graduate school loans are slated for elimination next year, and tuition is rising. But there’s potential good news, in the…
Continue reading...Graduation Debt: Federal Vs. Private Student Loans
Is My Bank Loan Private or Federal?
When you borrowed money from a bank prior to recent student loan legislation, the loan could be a private student loan or a federal student loan. This is because federal student loans issued prior to July 1, 2010, could be a direct…
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