Infographic: Federal Versus Private Student Loans

Choose your loan type carefully

For those of you who have student loans, I’m sure you’ll agree that student loan debt seems like it will never go away. What’s sobering is that some students wind up in debt as long as 30 years.

If you’re thinking about taking out a student loan, make sure you choose the loan type very carefully. Take a look at this infographic by Center for Responsible Lending, which outlines the difference between Federal and private student loans.

Federal vs. Private Student Loans - Infographic

Center for Responsible Lending

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