Why do many banks consider student loans risky investments? Student loans are often seen as risky investments by many banks. This is because the default rate on student loans is high and there is a lot of competition for student loan borrowers. But there are also several reasons why bank student loans can be a…
How is a student loan different from a scholarship? Both student loans and scholarships are forms of financial aid that a provider grants you based on several factors. The main difference between student loans and scholarships is the fact that you have to pay back the money you get from student loans. Student loans are…
Biden Student Loan Forgiveness: Since President Joe Biden took office in January 2021, hundreds of thousands of Americans have seen their student debt disappear — some of these borrowers have even had their balances reduced to zero. While a significant portion of the population has benefited from federal student loan waivers, approximately 43 million federal…
As an international student dreaming of studying in the USA, you might face several challenges, one of which is securing a student loan without a cosigner. Trust me, I understand the struggle—I’ve been there too. But guess what? There are options available that can help you achieve your educational goals without the need for a…