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Student loans through the government are better than private loans due to the fact that the government does not have as high of interest on the loans, and you get a longer time to pay them back.

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Q: Are private student loans more financially advantageous than student loans through the government?
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Related questions

Is it advantageous for as a student to be good in using the English language?

Of course. If you are studying in English then you need to be good at English. By the way your question should be: Is it advantageous for a student to be good................... or Is it advantageous as a student to be ................................


Are all student loans issued by the Federal Government?

No..there are also private student loans.


In what ways are private student loans different from government loans.?

Private student loans usually have higher interest rates and have to be paid in a specific time period. Government loans are more flexible.


Which is better government school or private school?

That depends on what the student needs and what the school offers.


What are private student loans?

The private student loans are the loans arranged by the student through any of the private banks at a fixed interest rate. To apply to these private student loans you need a cosigner unless your credit rating is too good and you have a source of income.


Can you tell me about private education loans vs. government education loans?

HUGE difference. Federally Guaranteed student loans have very low interest rates and many benefits attached. Private student loans have much higher interest rates and no benefits.


Is there a company that ofers private student loans?

There are many companies that offer private student loans as an alternative to the federal loans and grants offered by the government. Some examples are Sallie Mae, Chase and Discover.


Privately owned comapnies generally offer better stufdent loans than the federal government?

In the USA, all Federally Guaranteed student loans have the same interest rate and same benefits. It does not matter if you get the loans from a private bank or directly from the government. Private student loans differ in interest rate and benefits for each bank. Federal Student loans have lower interest rates and better benefits than private student loans.


Are Astrive Student Loans backed by the government?

Astrive loans are privately given loans. These loans are not backed by the government, since they are issued by a private company.


Where can one apply for private and federal student loan consolidation?

One can apply for private and federal student loan consolidation in one's college state government. Also, one can ask one's peers for advice or one's family for advice.


What is the statute of limitations on private student loans in Florida?

what is the statute of limitation on private student loans in florida


Can a immigrant college student sue his parents if they refuse to support him financially after he is enrolled?

No.