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 ?

Incorporated in 1956, ASA was the nation's first student loan guarantee agency and a model for the federal student loan guarantee program.

UB: annual finance buyer's guide: an easy-to-use guide on finance information for higher education

Today, White's postgraduate balance is down to $46,500 and she doesn't view her student loan debt in a negative light.

Managing your student loan debt: with the right approach, paying for college can be less of a burden. (Personal Finance)

As a reform, it has injected competition into a student loan system once monopolized by lethargic private lenders.

Student loans: the wrong cuts

Edfinancial Services is a private, nonprofit corporation whose mission is to provide student loan servicing and support to schools, lenders and secondary markets.

UB annual finance guide: an easy-to-use guide on finance information for higher education

Student Loan funding is a student loan lender with the sole mission of expanding access to higher education.

Student finance buyer's guide: rely on this easy-to-use supplier guide for information on student finance resources in higher education