Private vs Federal Student Loans
Video Overview & Insights
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The fixed APR I'm getting for private student loans is better than Parent Plus loans right now.
In this video I cover some of the differences between private and federal student loans.
📖 Read more about this topic:
I’m a parent and my son will be in college in a few months. We went to FAFSA and didn’t get any answer. I think it’s because my wife and i together make $200K. So am i right to go to a private loan banks and be a co-signer to my son?
Federal vs. Private Student Loans: What’s the Difference? - https://erika.com/student-loans/federal-vs-private-student-loans/
How to Apply for a Student Loan (Federal or Private) - https://erika.com/student-loans/how-to-apply-for-a-student-loan-federal-or-private/
garbage video
How Does Student Loan Interest Work? - https://erika.com/student-loans/how-student-loan-interest-works/
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I thought that a private student loan would take the place of a federal loan? Aka it would take the place of my GradPLUS?
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Disclaimer: I am not a financial advisor. Although I am a lawyer by profession, I am not your lawyer and no attorney-client relationship is established with you in any way. This video, and the ideas presented in it, are for entertainment purposes only and should not be construed as financial or legal advice.
But it's a promisory note (negotiable instrument) that we sign. We are the maker of the note. What are they doing with the note? Do they trade them on the security market?
More User Perspectives
I tried it and no help with the loan.
@mdcordova6895Great job thanks,
@rodneycollier3556I would like to know more about loan forgiveness thanks for this video
@stefforop0330Wish I knew this when I was going to college. GREAT information!
@Laguilar15-u5jAwesome video ERIKA. Thanks for sharing. Keep the incredible content coming. Hope you have an awesome day.
@timwindsor03Thank you Erika
I appreciate your time
Blessings 👏
And great Health Wishes for you also. TY 🌞🌻
@cheryloliver3476TY Erika for all your input and hard work. We appreciate your Real reports, help and big Heart ❤ Have a Beautiful week. Again, thank you Little Lady. ☺🌹
@cheryloliver3476Thank goodness you can’t bankrupt Federal Student Loans. Means you can be in debt forever :D
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