Federal student loans have borrowing limits, and some students need to borrow more than is available through federal loan programs. Although parents are permitted to borrow federal student loans up to the full cost of attendance, federal parent PLUS loans require a credit check and have somewhat h...
Student loans: When I was an undergrad, I had a Dave Ramsey debt-averse mindset. I paid for school by applying for scholarships and working. My views have since softened and I’m willing to take out a student loan but I’m worried the interest will bury me for 10-plus years, until ...
Private student loans can be tapped when federal student loan limits are reached and when parents can’t qualify for or don’t want to take out parent PLUS loans. But they’re missing some of the protections and benefits of federal loans. For example, private loans generally come at a high...