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  2. Pros and cons of refinancing student loans - AOL

    www.aol.com/finance/pros-cons-refinancing...

    4. Con: You lose all federal benefits and protections. Federal student loans carry specific forgiveness and repayment benefits, including programs like Public Service Loan Forgiveness, closed ...

  3. Pros and cons of consolidating student loans

    www.aol.com/finance/pros-cons-consolidating...

    Cons of consolidating student loans. While consolidating can be a useful tool, there are still some drawbacks to be aware of before making the decision: Pay more interest over time: Choosing to ...

  4. College debt: Pros and cons of taking out loan

    www.aol.com/news/college-debt-pros-cons-taking...

    New research finds less than half of Americans think college is worth the price. Finance professor Dan Roccato joins FOX6 WakeUp with the pros and cons to consider before taking out the loan.

  5. Student loans in the United States - Wikipedia

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

    In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...

  6. Public Service Loan Forgiveness - Wikipedia

    en.wikipedia.org/wiki/Public_Service_Loan...

    The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service. [1]

  7. Student financial aid in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_financial_aid_in...

    Since then, many other schools have followed in eliminating some or all loans from their financial aid programs. In 2022, Williams College became the first institution of higher education in the United States to eliminate both loans and work-study contributions from their financial aid programs. Many of these programs are aimed at students ...

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