Choosing a student loan that’s right for you
Students use a graphic organizer to compare and contrast federal and private student loans to help them find the one best suited for their needs.
You have a choice about how you pay for your education. Understanding your choices can help you make the right decision for your situation.
- What are my options if I have to borrow money to pay for higher education?
- What should I consider when shopping for a private loan?
- Identify similarities and differences between federal and private student loans
- Explain why it’s best to borrow as much as you can through federal student loans before taking out any private student loans
What students will do
- Research federal and private student loans on the Consumer Financial Protection Bureau (CFPB) website.
- Use a graphic organizer to illustrate important similarities and differences between these types of loans.