My Student Loan Horror Stories

If you are looking for student loans, find Federal money – your best resource is to talk to your financial aid office. Stay away from private loans, which usually come with variable interest rates that seem low at first glance but can skyrocket over the loan's lifetime. Federal loans are safer; you can talk to them and extend your payment, ask for a refinance, or negotiate better terms. In the private sector, that is next to impossible. […]