What loans are best?

Posted by andres.valenzuela on Friday June 22, 2007

"Figuring out which loans to get, and where, can feel like taking an Advanced Placement test for a class you've never attended," according to Kiplinger magazine. "Bottom line? Max out the federal options, then shop for private loans that track federal loans as closely as possible, including those that let you defer or extend repayment, says [Justin] Draeger of the National Association of Student Financial Aid Administrators. State agencies, such as the College Foundation of North Carolina, offer private as well as federal loans. Check them out first."

You can read the complete Kiplinger article online here.
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