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In addition to being easy to get without parents available to cosign, federal student loans have some other benefits that make them superior to private student loans. For example: Some federal student.

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Federal student loans offer many benefits compared to other options you may consider when paying for college: The interest rate on federal student loans is fixed and usually lower than that on private loans-and much lower than that on a credit card! You don’t need a credit check or a cosigner to get most federal student loans.

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We’re seeing minimum wage go up and people are getting laid off. You graduate from college and you’re already in debt. I’d love it if we can get a policy in place to forgive these loans..

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