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  2. Personal loans for college students: Should you ever consider ...

    www.aol.com/finance/consider-getting-personal...

    Cons. More expensive than student loans: If you can get a federal student loan, you could get a better interest rate than you would with a personal loan. The interest rate on Direct Subsidized and ...

  3. Pros and cons of private student loans - AOL

    www.aol.com/finance/pros-cons-private-student...

    Private student loans may offer higher borrowing limits and potentially lower interest rates compared to federal loans. Private student loans may also be tax deductible, but they can carry the ...

  4. 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 ...

  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. Personal finance - Wikipedia

    en.wikipedia.org/wiki/Personal_finance

    Using debt as a means to purchase goods and services brings about a variety of pros and cons that the consumer must become educated on before diving in. Some examples of the benefits of using credit are as follows: Building credit: A credit score is a measurement of a borrowers trustworthiness to a lender, ranging from 300-850. Improvements to ...

  7. How to consolidate student loans & why you might want to

    www.aol.com/finance/consolidate-student-loans...

    The main benefits of federal student loan consolidation include: Longer repayment periods: If you need more cash in your pocket right now, consolidating your federal student loans may help you ...

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