private student loans

What Is a Trade School and Is It Right for You?

High-paying, high-demand occupations don’t always require a degree from a traditional four-year college. What if you could dramatically increase your income with a certificate or two-year degree from a trade school? If you’re considering trade school vs. a four-year college, here’s a factor to consider: with the training and education offered by a trade school, […]

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Can You Get a Student Loan For Summer Classes?

Summer classes can help students make room in their schedule or get ahead to potentially graduate earlier. But, can students borrow student loans to pay for a summer class? The short answer is yes. Both private and federal student loans can be used to pay for summer classes. The application process is typically the same […]

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Direct vs. Indirect Student Loans: What’s the Difference?

Federal student loans could be either Direct Loans or “indirect loans” until 2010, when Congress voted to eliminate the latter. Yet many borrowers of Federal Family Education Loan (FFEL) Program loans continue to struggle with repayment. The big difference between the loan types—and point of contention—was the source of the funding. Indirect vs. Direct Student […]

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Can I Consolidate My Student Loans and Other Debts Together?

There are a few things to consider before combining your student loans and other debts. Find out if it’s a good option for you.

Closed School Loan Discharge Eligibility

The Department of Education allows federal student loan borrowers to seek a student loan discharge in certain circumstances. One such scenario involves a discharge related to permanent school cancellation. If your college or university closes while you’re enrolled you may be wondering if you still have to repay loans you took out to fund your […]

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