: The Higher Education Act broadened access to encourage social mobility and equal opportunity.

: Historically, students chose between federal loans and private bank loans .

: Loans are typically written off 25 years after the first repayment date if not settled.

(like student lines of credit) often lack the flexible repayment plans and tax credits found in government programs.

: The U.S. federal student loan story began with the National Defense Education Act (NDEA) , a response to the Soviet launch of Sputnik. Loans were originally restricted to "essential" fields like engineering and science.

Bank Loans — Student

: The Higher Education Act broadened access to encourage social mobility and equal opportunity.

: Historically, students chose between federal loans and private bank loans . student bank loans

: Loans are typically written off 25 years after the first repayment date if not settled. : The Higher Education Act broadened access to

(like student lines of credit) often lack the flexible repayment plans and tax credits found in government programs. student bank loans

: The U.S. federal student loan story began with the National Defense Education Act (NDEA) , a response to the Soviet launch of Sputnik. Loans were originally restricted to "essential" fields like engineering and science.