Best Student Loan Alternatives
Abstract
Using federal loans to pay for a university education may seem like the only answer, but those loans usually have to be repaid. Federal Student Loans offer income-driven repayment plans and in many cases pathways to loan cancellation or loan forgiveness. If you aren't eligible for Federal Student Loans, carefully consider private loans. Student Loan Alternatives To AvoidGetting your degree is important, and it can unlock higher-paying jobs and better professional opportunities. Take Steps To Minimize Your Student Loan DebtIn some cases, a debt-free degree could be a reality. Combining some of these alternatives to student loans, living frugally, and choosing lower-cost programs can help you minimize student loan debt. What steps will you take to minimize your student loans today so you can enjoy debt freedom sooner? Hannah RoundsHannah is a wife, mom, and described personal finance geek.
