Student Loan Borrowing Limits for Federal and Private Loans
Federal student loan borrowing limits vary by year of school, while private loans follow a different set of rules for maximum loan size.
Latest Posts in Planning for College
Picking the “Cheap” College Over More Expensive Options
Skipping an expensive school to attend a more affordable college might be the smartest decision for many students.
Student Loan Origination Fees: The Basics and Avoiding Them
Loan origination fees should be avoided for nearly all student loans. Federal loans are a noteworthy exception to this rule.
How do lenders decide on my student loan interest rate?
There are many factors that go into determining a student loan interest rate. Some are based on the borrowers but others are not.
Cosigners on Student Loans: A Last Resort Option
Lenders have made cosigning on student loans a routine practice, but cosigning any loan is a risky decision with major consequences.
Graduate PLUS Loans vs. Private Loans
Private lenders like to compare rates against Graduate PLUS loans, but when you compare all of the loan features, Graduate PLUS loans usually come out ahead.
Personal Finance Lessons to Learn BEFORE College
Learning the hard way is part of college, but some personal finance lessons are especially valuable if you can learn them the easy way.
Can a Minimum Wage Job Eliminate the Need for Student Loans?
Minimum wages don’t go nearly as far as they used to, but they can still make a difference for college students trying to limit debt.
Income-Share Agreements Pros and Cons
Income-share agreements are growing in popularity as a student loan alternative. ISAs have some big advantages, but there are major risks to consider as well.