A recent article in USA Today claimed that students were not applying for federal financial aid, in the form of a Stafford college loan, before turning to private lending companies.The article, titled “Students Often Overlook Federal Loans That Are Great Deals,” cites recent legislation which created fixed interest rates on federal loans. The article’s author notes, “Stafford loan borrowers will never have to spend more than 15% of their discretionary income on loan payments.”
School loans provide students with a financial opportunity to invest in their academic future. Without this chance, many students would be unable to attend higher learning facilities. Thus the need to make an informed decision when selecting Federal, PLUS, Private or Alternative loans - we provide updated, in-depth information about all types of loans so you can make the best personal and financial choice.
SchoolLoans.com is a comparison and information website that allows students and parents to find the lowest rates on a loan. So whether you are looking for a new or a consolidation loan, we have partnered with lenders nationwide to provide all the best options to those seeking higher education.