Affording higher education is increasingly difficult for many families. Consider that over the past two decades, the average tuition and fees at public four-year colleges have surged by 179%, according to the Education Data Initiative, which reports that the average annual cost of college per student is $38,270 as of 2024. Family savings and financial aid in the form of federal student loans, scholarships and grants are often not enough. Fortunately, there’s another option that can help make up the shortfall: a private student loan.
Read my first article on this topic for brand-new client US News & World Report, available
here.
