News

October 26, 2012

Student Debt Debacles

Students who finance their educations through private lenders often wrongly assume that private and federal loans work the same way. In fact, they do not.

Most federal student loans have rates of 6.8 percent (or less) and offer broad consumer protections that allow people who lose their jobs to make lower, affordable payments or to defer payment until they recover financially.

Read the Full Story Here: NY Times