Pros and cons of federal vs private loans?

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Federate loans are easy to navigate and won't leave you sweating bullets about your interest rate but they might not be enough to cover the cost of your entire education, forcing you to venture into the riskier territory of private loans. Private loans can offer lower interest rates than federal loans, depending on your creditworthiness and market conditions but the interest rates are higher.

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Some private loans do offer fixed rates. I would say the pro of private loans is that if/when you default it is much harder for them to take things from you, they have to get a judgement

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