What distinguishes private student loans from the federal ones?
Going to college is a crucial step in the life of any teenager. However, this step is really expensive. Most of us are looking for cheaper ways to go to college. Nobody wants to carry a huge student loan debt to their adult lives, but we cannot always get what we want. So, we seek the lowest student loan rates and the best offers. Studying the question of financial aid for students, I face a complicated issue of the competition between federal and private student loans. Is there a major difference between them? And which of them offers such option as student loans without cosigner?
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