Student Loan


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Student Loan

A loan one uses to pay for postsecondary education. A parent, guardian or the student may take out a student loan. In the United States, the federal government subsidizes or guarantees some student loans to enable more people to attend college. Interest on student loans is also tax deductible in the United States. However, because universities in the United States are often so expensive, many students spend a significant portion of their income on student debt service.
References in periodicals archive ?
In the last election, Democratic opponent Robert Rodriguez accused McKeon of being too cozy with student loan lenders.
Incorporated in 1956, ASA was the nation's first student loan guarantee agency and a model for the federal student loan guarantee program.
Today, White's postgraduate balance is down to $46,500 and she doesn't view her student loan debt in a negative light.
As a reform, it has injected competition into a student loan system once monopolized by lethargic private lenders.
Edfinancial Services is a private, nonprofit corporation whose mission is to provide student loan servicing and support to schools, lenders and secondary markets.
Student Loan funding is a student loan lender with the sole mission of expanding access to higher education.

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