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Student loan debt in the United States now totals over $1.7 trillion, with the average federal student loan debt balance at $37,338, according to the Education Data Initiative. If you're one of the...
“The road to hell is paved with good intentions,” said Betsy Mayotte, the head of the Institute of Student Loan Advisors, a nonprofit that provides free student loan advice.
Paying for college is a challenge for many students, but student loans can help. ... You can check your credit reports for free weekly at AnnnualCreditReport.com. To qualify for a private student ...
Federal Direct Unsubsidized Loan - Part of the Federal Direct Student Loan Program, Federal Direct Unsubsidized Loans are not need-based, meaning that nearly all students are eligible to receive them. Unlike Federal Direct Subsidized Loans, Direct Unsubsidized Loans accrue interest the moment they are applied to a student's tuition account.
Most students with private loans are left on the hook for those debts if their school closes, however, according to Joshua Cohen, a Vermont-based attorney who specializes in student loan cases.
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