Do's
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Dont's
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Some of the positives when obtaining your student loan is federal loan interest rates are fixed, which means payments will not rise if the rates do, another thing is the government provides free insurance, so loans can be canceled if something were to happen.
The things that should be avoided when obtaining a student loan is a higher cost than you can afford. Another thing is you should be able to keep good records, and be able to notify your loan servicer. You should avoid for the most part private student funds because they have higher interest rates, not many repayment options, and your not always aware of the fact that a private student loan is the most expensive way to pay for college.
To protect yourself and your investments you can first go to a trusted firm to help find out what you want to do with your investments, you need to check daily on your investments. Before you commit to the investment you need to make sure your putting your money to a safe company.
The things that should be avoided when obtaining a student loan is a higher cost than you can afford. Another thing is you should be able to keep good records, and be able to notify your loan servicer. You should avoid for the most part private student funds because they have higher interest rates, not many repayment options, and your not always aware of the fact that a private student loan is the most expensive way to pay for college.
To protect yourself and your investments you can first go to a trusted firm to help find out what you want to do with your investments, you need to check daily on your investments. Before you commit to the investment you need to make sure your putting your money to a safe company.
http://www.usnews.com/education/articles/2010/04/20/6-advantages-to-federal-student-loans
https://studentaid.ed.gov/repay-loans/default/avoid
http://www.collegegreenlight.com/blog/why-you-should-avoid-private-student-loans/