July 1, 2020 Don't Co-Sign Your Child's Private Student Loan Without Answering These 3 Questions First

Summary: by Heidi Rivera As many 1 million undergraduate students a year turn to private student loans, according to The Institute for College Access & Success. Experts stress that families should exhaust all of their federal aid options before turning to private loans. Unlike private student loans, federal loans don’t require the student to pass a credit check and nearly anyone with a satisfactory academic standing can get them.