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  2. 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

  3. Federal Direct Student Loan Program - Wikipedia

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

    Funding for new direct loans in the Federal Direct Student Loan Program increased from $12.6 billion in 2005 to $17.8 billion in 2008. [7] President Barack Obama organized all new loans under the Direct Loan program by July 2010.

  4. Student loans in the United States - Wikipedia

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

    In 2021, student loan servicers began dropping out of the federal student loan business, including FedLoan Servicing on July 8, Granite State Management and Resources on July 20, and Navient on September 28. [40] According to Sallie Mae, as of 2021, 1 in 8 families are using private student loans when federal financing does not cover all ...

  5. Comparing Private Student Loans vs. Federal: Which Is ... - AOL

    www.aol.com/finance/comparing-private-student...

    If you're planning on borrowing money for college, you'll have plenty of company. Nearly 45 million Americans hold $1.71 trillion in student loans. Before you take on what could be decades of debt,...

  6. Federal Family Education Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Family_Education...

    Similar loans are now provided under the Federal Direct Student Loan Program, which are federal loans issued directly by the United States Department of Education. The FFEL was initiated by the Higher Education Act of 1965 and was funded through a public/private partnership administered at the state and local level.

  7. Are Sallie Mae student loans federal or private? - AOL

    www.aol.com/finance/sallie-mae-student-loans...

    What is the difference between private and federal student loans? ... while direct subsidized and unsubsidized loans are available to all undergraduates, with an interest rate of 5.50%. Parent ...

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