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  2. Parents: 8 Must-Read Pros and Cons of Wells Fargo Student Loans

    www.aol.com/finance/parents-8-must-read-pros...

    Beginning on July 1, 2020, Wells Fargo parent loans are only available to borrowers who already have an outstanding balance on a Wells Fargo private student loan.

  3. Wells Fargo Review 2024: Multiple checking and saving ... - AOL

    www.aol.com/finance/wells-fargo-review-2024...

    Wells Fargo’s prime checking account holders enjoy more benefits, including APY and discounted rates on some loans: Monthly service fee: $25 Standard interest rate : 0.01%

  4. Private student loan (United States) - Wikipedia

    en.wikipedia.org/wiki/Private_student_loan...

    The biggest student loan lender, Sallie Mae, was formerly a government-sponsored entity, which became private between 1997-2004. A number of financial institutions offer private student loans, including banks like Wells Fargo, and specialized companies. There are also a number of state-affiliated, nonprofit student loan lenders, which account ...

  5. Federal vs. private student loans: What’s the difference? - AOL

    www.aol.com/finance/federal-vs-private-student...

    Federal student loans. Private student loans. Interest rates. 5.50% to 8.05% for loans disbursed before July 1, 2024. 6.53% to 9.08% fixed for loans disbursed after July 1, 2024. 4.19% to 16.69% fixed

  6. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    As of 2021, approximately 7.8 million Americans from 18 to 25 carry student loan debt, with an average balance of almost $15,000. [64] For adults between the ages of 35 and 49, the average individual balance owed exceeded $42,000. The average debt for adults between 50 and 61 is slightly lower.

  7. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [ 1 ]

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