An education beyond high school is an investment in your future. It can be expensive and often requires you or your family to take out loans to help pay for it.
Student loans fall into two categories, federal loans and private loans.
1. Federal loans, which are subject to oversight and regulation by the federal government, include:
Direct Loans, where the U.S. Department of Education is the lender;
Federal Family Education Loans (FFEL), where private lenders make loans backed by the...Read more:Student Loans: Avoiding Deceptive Offers
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