Covering the business of education and training

Students sometimes choose to not take out Federal loans and just do the private loan thing instead. There are reasons.

Here are four of them.

1. There are way too many hoops to jump for to get the Stafford loan, starting with the FAFSA...and the return is not all that great.

2. Those with good credit history might get a better interest rate, at least initially, than the federal loan.

3. Private loans are almost always available.

4. Private loans can be secured for part-time students.

How are you paying for school?

Parents: how do you think your kids college will be paid for?