Student loans are loans offered to students to assist in payment of the costs of professional education. These loans usually carry a lower interest rate than other loans and are usually issued by the government. Often they are supplemented by student grants which do not have to be repaid.
According to a report from the National Center for Public Policy and Higher Education, college tuition and fees increased 439 percent from 1982 to 2007, while median family income rose just 147 percent. You don’t have to be a math professor to see how that sort of trend puts amazing pressure on students and their families to find ways to pay for a college education.
According to a report from the National Center for Public Policy and Higher Education, college tuition and fees increased 439 percent from 1982 to 2007, while median family income rose just 147 percent. You don’t have to be a math professor to see how that sort of trend puts amazing pressure on students and their families to find ways to pay for a college education.
If you haven’t saved enough money to pay for your education, all is not lost. Financial aid has more than doubled in the last decade. And while the recent credit crunch has made it even more difficult on those in need of financial assistance, you still have options. We’ll show you how to tap into public and private sources of aid.