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Which type of student loan is best – federal or private?
Federal student loans usually cost less and offer more flexible repayment options. Private student loans may have interest rates that are competitive with Federal PLUS Loans, so shopping around is critical.

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Edvisors in the News

First State Sues Over Student Loan Fraud

Money

On Monday, Illinois became the first state to sue so-called debt settlement companies for fraudulent student loan practices. The New York Times reports that two companies, Broadsword Student Advantage and First American Tax Defense, were sued for charging customers for debt assistance they never received. Debt settlement companies, which consumers pay for help consolidating their loans and decreasing their monthly payments, have long had a reputation for taking advantage of desperate borrowers eager for a quick fix.

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