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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 ...
It’s entirely possible to get a student loan with bad credit. Your best bet is to start with federal student loans. But if you need private student loans to help finance your education, bad ...
Each has its pros and cons. “Depending on the school or institution the student is attending, federal and/or private loans could be beneficial,” said Mary Jo Terry, managing partner at Yrefy.
Lower rates than credit cards or payday loans. Bad credit loans come with higher interest rates than other types of personal loans. Rates may be similar to those of credit cards, which averaged 20 ...
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.
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 ...
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