What’s the Deal about Student Loans?
There are advantages and disadvantages to borrowing student loans for a college education. Many students just sign a bunch of official looking papers while in college only to find after leaving school they are stuck with a huge debt. Some even believed the money was free. In this book you will learn the ins and outs of student loans including:
The difference between federal and private/alternative student loans
Why federal student loans are better than private student loans
What it takes to be eligible for a federal student loan
The different repayment plans available to help you repay your federal student loans
How to consolidate your federal student loans
The different student loan forgiveness and cancellation programs available
How student loan default works, how to avoid it & how to get out of it if you are in it
How to get help resolving your federal student loan disputes
And much more
So what’s the big deal about student loans? You can get in over your head if you do not manage your student loans wisely. This book provides a fundamental understanding of how federal student loans work and will answer the frequently asked questions about applying, repaying, consolidating and deferring student loans to help you borrow smart and minimize your risk of default.
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